Altenar has received a Gaming Related Supplier Licence from the Alcohol and Gaming Commission of Ontario to enter the newly regulated province.
As a result, the company is set to bring its real-time official data for its Canada-facing sportsbook including sports such as MLB, NBA, NHL, CFL, NFL and esports.
Altenar’s sportsbook is available via desktop and mobile app and offers wagering products such as bet builders and early payouts on multiple sports alongside player prop and enhanced parlay offerings.
Commenting on Altenar’s entrance into Ontario, Antonis Karakousis, Director of Operations, said: “We are delighted to be bringing our best-in-class services to the newly regulated market of Ontario.
“We look forward to bringing a bespoke, rewarding betting experience to the customer base in this exciting new market, specifically tailored to cater to their needs – and the result of extensive research and development.
“We had to meet a list of standards and a variety of requirements, as well as auditing our sportsbook with an independent test lab, but the potential of this province means it was more than worth the challenge.
“We continue to make worldwide progress as a company and going live in Ontario is proof of that.”
A launch in Ontario follows a year that has seen Altenar post a 150% surge in total bets and player count, with specific specialties in esports, data and virtuals proving to be particularly lucrative for operator partners.
It comes just a day after Ontario reported its first quarterly revenue figures, noting that revenue reached $124m in the first three months of operations.