The North American gambling industry is getting bigger and bigger every week, and yet another famous gaming brand is becoming part of it. This week, Malta-based Casibo announced that it has been online in Canada and the United States. The brand will now provide residents in both counties with insight into gambling, allowing them to make informed choices when gambling online.
Created in 2017, the gaming brand is a reliable source of information about online casinos, how to play, and the industry’s latest offerings. It is run by iGaming experts with more than 20 years of experience, and it reviews, ranks, and compares major iCasino websites in the United States and Canada while educating users. It only promotes licensed and regulated casinos.
Prior to the announcement on January 4, 2022, it obtained a license to operate in New Jersey as well as a license to operate online across Ontario and Canada. As more and more jurisdictions on the continent launch online casino services, the company believes it is important for both casinos and affiliates to comply with the rules and regulations of their respective jurisdictions.
Novitana CEO and Casibo’s editor-in-chief said it was looking forward to a regulatory market. The official explained that the company’s goal in Great White North is to provide a safe betting environment for those making bets, making it a leading example in presenting licensed and regulated casinos. The company will adopt a similar strategy for the U.S. market.
Kayla Miller, one of the company’s gaming experts, notes that gambling revenue growth is at an all-time high in the United States. Although direct gambling is still the top revenue driver, more and more states are legalizing online gambling, which will only increase the number of iGaming in the country in the years ahead.
Meanwhile, Noah Wilson, another expert at the company, said the recent launch of an online market run in Ontario could allow more users to bet safely through regulated brands. He added that the state’s revenue surged 65% in the second quarter of 2022 and is expected to be much stronger in 2023.
Ontario’s Internet gambling and sports betting market is relatively fresh with the start of online operations on April 4, 2022. As mentioned in the second quarter of 2022, the local market recorded some impressive results. For example, total bets amounted to C$6.04 billion. This translated into C$267 million in gaming revenue, as well as an average monthly expenditure of C$142 per customer.
The market, overseen by the Ontario Alcohol and Game Commission, grows bigger every month. In December, regulators approved several new brands to be launched. The most recent operators to join were Retip Limited, Elips Entertainment Limited and Delta IGaming. A lot more brands are expected to be announced in the coming weeks.
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