NEW YORK–(BUSINESS WIRE)–January 26, 2022–
Elys Game Technology, Corp. (“Elys” or the “Company”) (Nasdaq:ELYS)(BER:3UW)an interactive gaming and sports betting technology company, today announced that it has submitted its U.S. sports betting platform Gameboard for certification to the New Jersey Division of Gaming Enforcement, and has requested a transactional waiver that , once approved, would allow the company to begin installation procedures in the state.
The proceedings are a key step in the company’s partnership through its wholly owned subsidiary, US Bookmaking, with Ocean Casino Resort in Atlantic City, NJ.
Michele Ciavarella, Executive Chairman of Elys Game Technology, said, “We continue to put in place all the necessary steps for our launch with Ocean Casino Resort located in the heart of Atlantic City, and the submission of our platform for certification to the Gaming Enforcement’s New Jersey division is a key step in achieving this goal. Our planned entry into New Jersey builds on our multi-pronged revenue strategy of expanding into the land-based casino business, developing the small business sports betting market and growing the mobile i-Gaming market.
About Elys Game Technology, Corp.
Elys Game Technology, Corp., is a global B2B gaming technology company operating in multiple countries around the world, with B2C online and land-based gaming operations in Italy. Elys offers its customers a full range of leisure gaming products and services, such as sports betting, electronic sports, virtual sports, online casino, poker, bingo, interactive games and slot machines. in Italy and is present in five States of the American market. Elys’ vision is to become a world leader in the gaming industry through the development of pioneering and innovative technology.
The Company provides betting solutions, online operator services, casinos, retail betting establishments and franchise distribution networks. Additional information is available on our corporate website at www.elysgame.com.
Investors can also find us on Twitter @ELYS—gaming.
This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are identified by the use of the words “may”, “believe”, “anticipate”, “have intend”, “estimate”, “expect”, “may”, “continue”, “predict”, “potential”, “project” and similar expressions intended to identify forward-looking statements and include statements regarding the request for a transactional waiver that would allow the company to begin settlement procedures in New Jersey, and entry into Ocean Casino Resort will build on its multi-pronged revenue strategy. These forward-looking statements are based on management’s expectations and assumptions as of the date of this press release and are subject to a number of risks and uncertainties, many of which are difficult to predict, which could cause actual results differ materially from current expectations and assumptions from those expressed or implied by any forward-looking statement. Important factors that could cause actual results to differ materially from current expectations include, among others, the Company’s ability to obtain a settlement waiver as expected, the commencement of installation procedures in New Jersey as expected and the entry into Ocean Casino Resort will build on its multi-targeted revenue strategy as expected, the duration and extent of the COVID-19 outbreak globally, including the impact on national and local economies , and the risk factors described in the company’s annual report on Form 10-K for the fiscal year ended December 31, 2020 and its subsequent filings with the United States Securities and Exchange Commission, including periodic reports subsequent reports on Form 10-Q and current reports on Form 8-K. The information in this release speaks only as of the date of this release, and the Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unforeseen events, except as required by law.
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CONTACT: Company Contacts:
Elys Game Technology, Corp.
Michèle Ciavarella, Executive President
Email: [email protected] contact:
KCSA Strategic Communications
Valter Pinto or Jack Perkins
Email: [email protected]
KEYWORD: GERMANY EUROPE UNITED STATES NORTH AMERICA NEW YORK NEW JERSEY
INDUSTRY KEYWORD: CASINO/GAMING ENTERTAINMENT SOFTWARE TECHNOLOGY
SOURCE: Elys Game Technology, Corp.
Copyright BusinessWire 2022.
PUBLISHED: 01/26/2022 08:00/DISC: 01/26/2022 08:02
Copyright BusinessWire 2022.