Tangiamo Touch Technology AB has successfully obtained the final jurisdictional certification from Loto-Québec to install its innovative Multiplay Roulette gaming tables. This approval paves the way for the deployment of Tangiamo’s cutting-edge technology at Montreal Casino, the largest casino in Canada, and various other gaming establishments across the Quebec province.
Certification Milestone:
The certification marks a significant achievement for Tangiamo, as it positions the company to introduce its Multiplay Roulette gaming tables to a broader audience in regulated jurisdictions. The approval from Loto-Québec not only represents a procedural success but also opens doors to new opportunities, potential partnerships, and increased sales for Tangiamo.
CEO Statement:
Chris Steele, the CEO of Tangiamo, expressed the strategic importance of the certification, emphasizing its role as a gateway to new possibilities. Steele highlighted the company’s readiness to replicate this success in other regulated markets, foreseeing the potential for expanded business partnerships and heightened sales opportunities.
Expansion into Regulated Jurisdictions:
With the official certification, Tangiamo aims to extend the reach of its Multiplay Roulette technology beyond Canada, exploring additional regulated jurisdictions. The company’s success in obtaining this approval positions it as a reliable and innovative player in the global gaming technology landscape.
Previous Deployment with Loto-Québec:
In October, Oddsworks, a company that Tangiamo collaborates with, deployed its BETguard Remote Gaming Server (RGS) platform and proprietary and third-party game content with Loto-Québec. This deployment covered a range of online casino games, including table games, scratch cards, and video poker.
Financial Impact for Loto-Québec:
The announcement comes against the backdrop of Loto-Québec’s financial results for the first quarter of the fiscal year 2023-2024. The provincial lottery operator reported robust revenues of CA$711.2 million ($528.2 million) and a net income of CA$380.9 million ($282.9 million). Despite the challenges posed by the pandemic, Loto-Québec showcased a notable 8.4% increase in revenue compared to pre-pandemic figures.
Tangiamo Touch Technology’s successful certification for Multiplay Roulette at Montreal Casino is a testament to its commitment to innovation and regulatory compliance. As the company looks ahead to replicating this success in other jurisdictions, the deployment of its cutting-edge gaming technology is set to enhance the gaming experience for players while contributing to the broader growth of the industry.