A Huge Milestone
Leading Swedish casino games provider ELK Studios has officially launched in Ontario. The slot developer already has licences for the UK and Malta, and can now add Canada to its list. The move is seen as a major milestone for ELK Studios as it seeks to expand into North America.
The move, which was announced on March 31, introduces a selection of seven games, including Katmandu Gold, Nitropolis, and Cygnus, for Ontario players.
The slot game creators expressed excitement about their entry into Ontario describing it as a “huge milestone” in a mission to appear in every regulated market in the world. The iGaming developers described their approach as “forward-leaning” and told customers: “This is just the beginning”.
ELK Studios CEO, Robin Smith, added to the statement by saying that the casino game provider will slowly but strategically roll out their portfolio, meaning Ontario residents will have to wait a while to gain full access to their innovative array of titles.
A Growing Market
Ontario has become a key target for slot developers since launching in 2022. The Canadian province has quickly established itself as one of North America's most lucrative iGaming markets. Revenue has been regularly increasing lately, and the region is showing strong growth. Online casino gambling was responsible for 85% of the total betting handle in February 2025. The betting handle also accounts for money taken for sports betting. Casino bets also made up 76% of revenue for the region in the same period.
Last month, Ontario dealt with $6.1 billion in wagers, up from the previous year, as was the gross iGaming revenue of $213.8 million. The figures are down on the previous month, but January was a record month, and the figures are up around 30% year on year, indicatingthe strong growth in the sector.
These figures will excite ELK Studios as it looks to establish itself as one of the most creative slot developers currently active in the region.
