Following the launch of single-event sports betting and regulated iGaming in Ontario, Kambi has joined a host of other suppliers and operators in launching into the newly regulated market

Following the set in motion of single-event sports betting and regulated iGaming inwards Ontario, Kambi has joined a host of other suppliers and operators inward launching into the fresh regulated market.

Ontario’s gaming market place is being regulated by the Alcohol and Gaming Commission of Ontario (AGCO), which has licensed a cosmic string of other suppliers including Pariplay, Blueprint Gaming, Playtech/Quickspin and FSB.

Notable operators entering the marketplace include BetMGM, PointsBet, Unibet, Benjamin Rush Street Interactive’s BetRivers brand, bet365, LeoVegas, theScore, 888 and Coolbet.

Ontario’s set in motion has been in the pipeline for tetrad years; it sees a part the size of the fifth-largest say inwards the US get into the regulated market.

The supplier’s Senior Vice President (SVP), Sarah Robertson, told Gambling Insider: “Kambi is proud to live upwards and running, on with our partners, on twenty-four hours one of the regulated market openings in Ontario.

“Today’s launch into Canada marks another substantial milestone inward the growing of our fellowship and extends our data track enter crossways Second Earl of Guilford America and worldwide.

“As a Canadian River native, I am especially excited Kambi's sportsbook, including our hockey offering and Game Parlay product, is now useable inward Ontario, i of the largest markets inward Second Earl of Guilford America; and we looking at frontwards to supporting the launch of additional partners over the coming months."

Kambi has late published its 2021 yearly report, inward which a 33% increase in revenue helped the provider accomplish an all-time revenue high-pitched of €162.4m ($178.4m), with manipulator turnover of 40%.

This turnover represented a 77% maturation inward operating profit, strengthening Kambi’s net cash in posture to €72.3m.