Tiidal Gaming Group Corp (CSE:TIDL) said its wholly-owned subsidiary Tiidal Gaming Canada Inc has applied to the Alcohol and Gaming Commission of Ontario (AGCO) to obtain the Gaming Related Supplier-Manufacturers License.
The license will enable Sportsflare, Tiidal Gaming’s wholly-owned technology division, to supply AGCO approved sportsbooks with its advanced artificial intelligence (AI) powered esports betting solutions, the company announced.
“With the Ontario iGaming market set to launch in roughly one month, we intend to gain an early mover advantage by becoming a fully registered gaming-related supplier in Canada’s most populous province and what is expected to be one of the top markets in North America,” said Tom Hearne, CEO of Tiidal Gaming, in a statement.
READ: Tiidal Gaming Group says Sportsflare division launches first-of-its-kind player prop markets for popular esports title Dota 2 on its platform
Ontario became the first province to accept applications from private iGaming operators after the Canadian federal government last August enacted legislation that paved the way for the provinces to implement a framework for legalized single-event sports wagering.
The AGCO announced in January that it will launch a new online gaming market on April 4, 2022 through its subsidiary iGaming Ontario.
“Our technology is currently integrated with dozens of sportsbooks globally and has received significant traction from esports bettors,” said Hearne. “As a result, we plan to introduce our cutting-edge betting products to the Ontario marketplace in order to expand and advance our presence within the North American betting industry.”
Tiidal Gaming is a leading media and technology platform enabling next-generation engagement in esports and gaming. It is positioned at the intersection of gaming, media, and betting, enabling its partners to create positive, engaging, and immersive fan and consumer experiences through its industry-leading media and technology offerings.
With deep industry roots and expertise, Tiidal is focused on the next generation of fan and consumer and building the future of game-based entertainment.
Contact the author at jon.hopkins@proactiveinvestors.com