The Canadian online casino market now features another major industry player. NorthStar Bets has just announced the official launch of their online casino and mobile online sportsbook in Ontario. NorthStar is entering the market in partnership with Playtech which will provide casino services, Live Casino, and the IMS platform.In this article, we will discuss the best casino in canada, ontario gambling sites and how playtech is helping NorthBet with their ontario sports betting launch.
Mutually Beneficial Partnership For Online Gambling In Canada
The first news for online gambling in Canada on the partnership appeared on January 23, when Playtech gambling issued a statement on the deal with NorthStar Bets. Per the arrangement, the both companies have agreed to enter the partnership to bring the NorthStar Bets service to the Canadian customers. Back in January, Playtech’s CEO, Mor Weizer, stated that his company is thrilled to partner up with NorthStar Gaming and work with them on preparing the platform’s launch in Ontario. He added that. As always, Playtech is committed to bringing players a unique and exciting gaming experience, which is beneficial both for customers and the company’s shareholders.
Ontario Sports Betting Launch
Michael Moskowitz, the CEO of NorthStar, also shared his thoughts on the latest moves in Ontario. He said that for NorthStar Bets (the ontario sports betting launch), the players are always the top priority and the newly-formed partnership with Playtech will allow them to offer their customers a state-of-the-art level of protection. If anyone wants one of the best online casino in Canada , they need the greatest security.
Becoming The Leaders In The Canadian Gambling Market
Moskowitz also added that their customers always expect content that will cater to their needs and preferences and the new partnership will allow the company to do just that. NorthStar’s CEO further commented that he hopes that they will be able to live up to expectations and quickly become leaders in the Canadian gaming market. Ultimately, they hope to have the best online casino Ontario.
COO of Playtech, Shimon Akad, said that the Ontario launch is an important milestone for the company as they seek to expand their operation on the continent. The North American region was the key contributor to the company’s success in 2021. Also, they hope to make it easier for gambling online with Canadian dollars (CAD).
More News from Playtech
The NorthStar partnership adds to the series of moves Playtech has made lately as they look to increase their imprint on the market. The company had a very successful first quarter of 2022 and has recorded a significant EBITDA growth. The $105 million adjusted EBITDA for just 3 months is close to the $130 million the company had over the first six months of 2021.
Expanding To The Mexican Gambling Market
One of the crucial factors in a company’s good results and rapid growth is its success in B2-B and B2C operations. In addition to making a breakthrough in the Canadian market alongside NorthStar Bets, Playtech has also partnered up with Caliente to enter the Mexican gambling market. The result of this cooperation is Caliplay, a new online gambling payment method platform that provided another significant source of revenue for the company.
Using Caliente Payments For Online Gambling
At the moment the company is negotiating with TTB Partners who are interested in taking over Playtech. Per reports, TTB Partners have received full support from Playtech’s CEO, Mor Weizer. Weizer said that the talks are moving in a positive direction. However, it’s still uncertain when the takeover will be completed. The offer still hasn’t been made and there are still plenty of terms to discuss. So far, neither company has disclosed many details about takeover negotiations.