As a sportsbook solution provider, Altenar has recently entered the betting arena of Ontario, Canada which has designed and implemented a highly regulated market to help prevent illegal gaming, malicious actions, and more.
As a leading sports betting provider, Altenar values the vision, structure, and determination of a country that strives to promote safe and inclusive gaming policies as a way of enriching the betting, gambling, and iGaming experience.
So, let’s take a look at how to successfully enter the Ontario gaming market and how Altenar has achieved certification in this market.
Regulation & Canada - A Standout Betting Landscape
Entering betting and iGaming landscapes can be difficult, and often, this period of ensuring your product and offering meets the standards of any given regulatory body can be a stressful time.
However, with sportsbook solution providers like Altenar, many operators can be rest assured that all electronic and compliance necessities have been met. With a host of global territories, some being famous for the strong regulatory frameworks (UK, Sweden, Spain … ) Altenar is the perfect pairing for operators looking to enter highly-regulated markets, and you can find more on the provider’s success stories by clicking here.
So, what must a sportsbook software provider and any iGaming venture wishing to enter the Canadian betting market have in order to operate within the law?
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Gaming-Related Supplier – Manufactures
A person that manufactures, provides, installs, tests, maintains or repairs gaming equipment or who provides consulting or similar services directly related to the playing of a lottery scheme or the operation of a gaming site. -
Gaming-Related Supplier - A person that provides, installs, tests, maintains or repairs gaming equipment or who provides consulting or similar services directly related to the playing of a lottery scheme or the operation of a gaming site.
The AGCO notes that each application will be considered on an individual basis and this process is a must if an operator or provider wishes to enter the Canadian market.
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You are manufacturing (e.g., software or hardware) or providing a service.
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Your goods or services are directly related to the playing of a game or the operation of a gaming site,
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Platform providers.
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Suppliers that manufacture, develop, provide and/or run games and game systems.
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Customer electronic wallet providers.
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Odds makers.
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Sports integrity monitoring organizations.
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Independent Test Labs.
To apply for an AGCO license you must have the following documents:
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Supplier Application
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Personal Disclosure for key stakeholders
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Entity Disclosure (if applicable)
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Regulatory fee
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Supporting documents (as applicable per case)
How The ISO 27001 Is A Firm Building Block For Canada Entry | Altenar & You
The ‘ISO27001 was created in 2005, by top information security experts to define an Information Security Management System (ISMS), ensuring protection of data and business continuity. It formally specifies a set of system controls and requirements that can be audited and certified. In particular, the standard requires that a thorough information security risk assessment is performed on all assets to identify the necessary controls that need to be implemented to mitigate such risks. The framework also ensures processes are in place for the continual management, monitoring, review and improvement of the ISMS’.
As a sportsbook provider who successfully attained certification standards and a host of testing, Altenar helped to secure its Ontario license thanks to being a qualifying party for the ISO27001. You can discover more about the importance of ISO certification by watching this video.
Let’s take a look …
The AGCO offer two types of licences for providers, and they explain how you must qualify and represent yourself, here is a an extraction fr om the AGCO website:
What Does Altenar Offer To The Canadian Sports Betting Market?
Discovering a sportsbook software provider that is able to meet and expand upon your iGaming needs is invaluable, especially with a newly regulated market wh ere time will bring up new laws, regulations and must-haves.
Having access to a sportsbook solutions provider is essential to a successful iGaming venture and can even bolster pre-existing iGaming ventures that have previously focused on Casino, Poker and the like.
With Altenar, the sportsbook provider is always looking for new features, markets and ways to improve its current offering to ensure that you’re keeping up to date in every way possible.
Below are just a handful of ways Altenar’s products and services can level-up your operations…
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24-hour trading and risk control
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Ability to profile players
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Possesses the UKAS-Certification for ISO27001
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Dependable technology
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Deployment and agile development
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Flexible hosting: accommodates legal requirements and highly attended events
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Optimized end-user experiences with low latency all given through geographical data dispersal and sophisticated internal caching
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Customisation to a high degree across many channels using API-based services
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Scale-out and high availability throughout the stack
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Early payout
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Revamped cashout
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Player props (NFL, NBA, NHL, MLB + more)
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Bonus engine
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0% Margin
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Bore Draw
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Player Specials
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Premium cricket
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Bet builder
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Esports
You can discover more about Altenar by contacting its award-winning team today, or finding the sportsbook provider at host of this year’s iGaming industry events.
Altenar provides a highly comprehensive and fully managed sportsbook solution to many of the leading brands across the globe. Its award winning sportsbook solution delivers stability, security, and extensive configurability to ensure a best-in-class sports betting experience.
Built on many years of experience, Altenar’s sportsbook solution provides a vast range of front end features and back office functionality, which enable operators to improve player acquisition and retention rates. Its offering combines a wide-range of sporting events, a deep understanding of trading and risk, and a personalised UI to ensure each operator has the ability to differentiate themselves in the market.
