- Fandom Sports Media Corp. (FDM) submits application for gaming-related supplier approval for Ontario
- The license will enable Fandom Sports to supply Alcohol and Gaming Commission-approved sportsbooks with its esports and sports betting solutions
- David Vinokurov, Fandom Sports CEO and President sat down with Shoran Devi to discuss the application
- H2 Gambling Capital estimates that the combined iCasino and online sports betting market in Canada is over US $2 billion in 2022.
- Fandom Sports Media Corp. (FDM) opened trading at C$0.205 per share
Fandom Sports (FDM) subsidiary, Fandom Media Malta Ltd., has applied to the AGCO for a gaming-related supplier-manufacturers license.
The Ontario Alcohol and Gaming Commission license will enable Fandom Sports to supply AGCO-approved sportsbooks with its esports and sports betting solutions for both peer-to-peer and general betting markets.
David Vinokurov, Fandom Sports CEO and President sat down with Shoran Devi to discuss the application.
“Our application submission to the AGCO represents another milestone for Fandom Sports and its wholly owned subsidiaries.”
The Canadian federal government enacted Bill C-218 in August 2021, which paved the way for the provinces to implement a framework for legalized single-event sports wagering. Since then, Ontario, which represents 40 per cent of Canada’s population, became the first province to accept applications from private iGaming operators.
H2 Gambling Capital estimates that the combined iCasino and Online Sports Betting market in Canada is over US$2 billion in 2022. Ontario is widely expected to become one of the largest iGaming markets in North America.
Fandom Sports Media Corp. (CSE: FDM) opened trading at C$0.205 per share.