Canada

New IQT Research Report: Quantum Random Number Generators will become a $7.2 Billion Market by 2026

Published

5 years ago

January 27, 2021

The quantum random generator (QRNG) market will reach $ 7.2 Billion by 2026 according to IQT Research’s latest report, Quantum Random Number Generators: A Ten-year Market Assessment. This report profiles the strategies of 13 QRNG vendors and includes a detailed ten-year market forecast. The firms profiled include: Bosch, Cambridge Quantum Computing, Crypta Labs, Defense Research and Development Organization, ID Quantique, InfiniQuant, KETS, ORNL, Quantum Dice, QuintessanceLabs, Quantum Numbers, Quside, and Toshiba Europe.

More details of this report can be found at: https://www.insidequantumtechnology.com/product/quantum-random-number-generators-a-ten-year-market-assessment/

Also, at this URL those interested can request an excerpt from IQT Research’s QRNG market report. This excerpt includes all the forecast exhibits in the study (without the actual numbers), so that potential purchasers can understand better the extent and coverage of the forecasts in this report. In addition, the sample also includes an example of the analyst report that accompanies the forecast.

About the Report
QRNGs have taken on an important new role in the quantum technology business in the past year or so. They have become a key enabling technology for quantum-level security in mobile devices, data centers and even medical implants, to name just a few key areas of QRNG application. QRNGs have also provided a welcome improvement on standard RNGs, which have been used for years in scientific research and gaming.

European Gaming Congress 2024 (Warsaw, Poland)

The advent of QRNGs also provides an entry strategy for many firms into the quantum technology space. But while the QRNG market is relatively easy to enter, this creates the issue of how QRNG firms can best distinguish their offerings in the marketplace. QRNG positioning is currently being achieved through differing form factors. throughputs, chip sizes, pricing, certifiability and standards, health checks, marketing focus and more.

The report includes a quantitative ten-year forecast for QRNGs, with breakouts by form factor (chips, extension cards and standalone devices), as well as application (smartphones, IoT, finance, telecommunications, government and military, data centers, gambling, and R&D. Forecasts are provided in volume and value terms. The report also profiles 13 firms currently producing QRNGs, setting out their products, market strategies, markets targeted, financing, etc.

This report is intended for market planners and strategists at firms in the quantum technology, cybersecurity, gaming, and data communications sectors. We also believe the report will make essential reading for investors and quantum specialists at research institutes and universities. The report consists of two parts. The first part is a written analysis of the current state and future evolution of QRNGs. The second part is in the form of an Excel spreadsheet with forecasts of shipments and sales revenue of QRNGs.

From the report:

QRNGs are a genuinely disruptive technology, bringing quantum-level security to markets at a low cost for the first time. QRNG devices also present a relatively easy way for technology firms to enter the market for quantum technologies—substantially easier than with QKD or quantum computers. However, this ease of entry into the QRNG market might make it difficult for some companies to establish sustainable profits in the QRNG space. In part because of this situation, we expect a lot of M&A activity in the coming years, with a few leaders eventually emerging

Although quantum-secure phones are the most fashionable QRNG products, the largest market for QRNGs will be in data centers – a $3.1 billion in 2026. While all of the quantum-enabled security modalities will be applied to data center applications going forward, QRNGs will be especially useful for supplementing other forms of encryption and in low-cost customer-controlled encryption. QRNGs intended to sell into the data center market should not create significant performance penalties.

The financial service industry worldwide is expected to show considerable interest in QRNG technology as a way to combat hackers and improve Monte Carlo simulations in portfolio valuation. Financial institutions have been among the most enthusiastic when it comes to the adoption of quantum technology. By 2026 revenues from sales of QRNGs to financial institutions will reach $2.2 billion and will come mainly in the form of standalone systems.

AGLC

AGLC Announces New Board Chair

Published

3 days ago

July 28, 2025

GamingAmericas.com

Alberta Gaming, Liquor and Cannabis (AGLC) has announced the appointment of Larry Spagnolo as the new Board Chair, effective August 15, 2025. This announcement follows the official Order in Council issued by the Alberta Government and marks a new chapter in AGLC’s ongoing commitment to support communities, encourage responsible choices and position Alberta as the best place to do business.

Larry brings a wealth of experience in technology and business leadership to the AGLC Board and will play an integral role in guiding AGLC’s strategic direction. He is currently serving as VP and GM of Emerson’s SaaS SCADA business and has held senior roles at Zedi and Telus, driving innovation, growth, and global success.

A strong advocate for education and community, Larry serves as Vice Chair of Athabasca University’s Board of Governors and has held board roles with NAIT and Polytechnics Canada. He was awarded the King Charles III Coronation Medal for his community contributions.

AGLC and the Board of Directors extend their heartfelt thanks to Len Rhodes for his leadership and dedication as Board Chair since August 2019. He decided not to seek a third term and will continue to serve in this role until August 14, 2025. Len led AGLC through some significant milestones, including reducing red tape by 51%, growth of the emerging cannabis industry and ensuring AGLC delivered a balanced approach to business development, social responsibility, and regulatory oversight.

The post AGLC Announces New Board Chair appeared first on Gaming and Gambling Industry in the Americas.

Bonus Guardian

Pinnacle Ontario live with CasinoEngine in North America debut

Published

7 days ago

July 24, 2025

GamingAmericas.com

pinnacle-ontario-live-with-casinoengine-in-north-america-debut

EveryMatrix has expanded its partnership with tier-1 operator Pinnacle powering its new casino in Ontario, Canada, using CasinoEngine platform technology – the first time its platform solution has gone live in North America.

The latest agreement builds on the two companies’ previous collaboration that saw EveryMatrix’s CasinoEngine productivity platform power the well-known brand’s global casino offering.

The new launch takes the relationship to North America, marking EveryMatrix’s debut CasinoEngine platform integration in that market.

BonusEngine, EveryMatrix’s cross-vertical bonusing tool will be integrated in the second phase of launch. This will equip Pinnacle Ontario with a host of bonus types as well as AI-powered bonus abuse solution Bonus Guardian.

BonusEngine is the first of multiple engagement tools from EveryMatrix’s EngageSuite that Pinnacle plans to integrate.

With this comprehensive toolkit at its disposal, and the opportunity to add even more casino products in the future, Pinnacle Ontario can tailor campaigns, segment audiences, and reward players more effectively, creating a world-class digital entertainment experience for its customers.

EveryMatrix has more than 300 global customers and holds North American licences in Ontario, New Jersey, Michigan, West Virginia, Connecticut and Pennsylvania.

Stian Enger Petersen, CEO, Casino, EveryMatrix, said: “This launch marks a key milestone for EveryMatrix as we bring our market-leading CasinoEngine platform to Canada for the first time.

“We’re delighted to expand our partnership with Pinnacle and support their ambitions in Ontario with a powerful combination of platform, content, and engagement tools that are proven to drive success.”

The post Pinnacle Ontario live with CasinoEngine in North America debut appeared first on Gaming and Gambling Industry in the Americas.

AGCO

Prime Skill Games Inc. Official Response to AGCO Press Release

Published

1 week ago

July 21, 2025

GamingAmericas.com

prime-skill-games-inc.-official-response-to-agco-press-release

As CEO of Prime Skill Games Inc., I feel compelled to address recent comments made by the Alcohol and Gaming Commission of Ontario regarding so-called unapproved gambling machines in convenience stores across the province.

Let me be perfectly clear

Our machines are not gambling devices. They are entirely skill-based, fully compliant with the law, and built on the fundamental idea that players are in control. The outcome of every session is determined solely by the player’s ability, not by random chance.

Prime Skill Games is proud to be the only true skill game operating in Ontario today.

We categorically reject any suggestion that our products fall under the definition of unregulated gambling. Such statements are inaccurate, misleading, and fail to recognize the critical distinction between games of skill and games of chance.

We stand firmly behind the legality of our machines and the integrity of our operations. We will demonstrate this through every available means, whether through legal documentation, expert analysis, or, if necessary, before the courts. We are prepared and unafraid to defend the truth.

To our players, partners, and business community, we want to reassure you that our mission has not changed. We are committed to offering a responsible, transparent, and innovative entertainment experience. We will not be intimidated by broad and baseless accusations, and we will continue to move forward with strength and clarity.

Sincerely

Matt Zamroźniak

Chief Executive Officer

Prime Skill Games Inc.

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