Videoslots, one of the leading online casino operators in Europe, has announced its expansion into North America with the launch of its online casino in Ontario, Canada. This move marks a significant milestone for the company as it seeks to establish a foothold in the highly competitive North American market.
The launch of Videoslots’ online casino in Ontario is a result of the company’s partnership with the Ontario Lottery and Gaming Corporation (OLG). The OLG is responsible for regulating and overseeing all gaming activities in the province of Ontario, including online gambling.
Videoslots’ entry into the North American market is a strategic move that will enable the company to tap into the vast potential of the region’s online gambling market. According to industry experts, the North American online gambling market is expected to grow at a compound annual growth rate (CAGR) of 15.7% between 2020 and 2025, reaching a market size of $42.8 billion by 2025.
The launch of Videoslots’ online casino in Ontario will offer players access to a wide range of games, including slots, table games, and live dealer games. The company has partnered with some of the leading game developers in the industry, including NetEnt, Microgaming, and Play’n GO, to provide players with a diverse and engaging gaming experience.
In addition to its extensive game library, Videoslots’ online casino in Ontario will also offer players a range of bonuses and promotions. These include welcome bonuses, free spins, and cashback offers, among others. The company’s loyalty program, which rewards players for their continued patronage, will also be available to players in Ontario.
Videoslots’ entry into the North American market is expected to create new job opportunities and generate significant revenue for the company. The launch of its online casino in Ontario is just the first step in its expansion plans for the region. The company has expressed its intention to expand into other Canadian provinces and the United States in the near future.
In conclusion, Videoslots’ expansion into North America with the launch of its online casino in Ontario is a significant development for the company and the online gambling industry as a whole. The move will enable Videoslots to tap into the vast potential of the North American market and establish itself as a leading player in the region. With its extensive game library, generous bonuses, and commitment to responsible gambling, Videoslots is poised to make a significant impact in the North American online gambling market.
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- Source: Plato Data Intelligence.