Berlin:3UW
Elys Game Technology Introduces Online and Mobile Sports Betting Brand for the U.S. Market (www.SportBet.com)
NEW YORK, Oct. 12, 2023 (GLOBE NEWSWIRE) — Elys Game Technology, Corp. (“Elys” or the “Company”) (Nasdaq: ELYS) (BER:3UW), an interactive gaming and sports betting technology company, today introduced its new U.S.-focused online and mobile sportsbook brand, www.SportBet.com. The dedicated Elys America platform will offer U.S.-based customers an innovative and immersive way to engage with and bet on their favorite sports with unique features developed to cater to American betting styles.
The Company’s new mobile brand builds upon its successful partnerships with U.S. regulated sportsbooks and casinos and represents another evolution in its business. Subject to regulatory approvals, the Company expects to expand its online sports betting footprint into multiple U.S. jurisdictions under direct licensing and through market access partnerships in Q4 2023. The Company has previously announced new sportsbook operations in New Jersey and Washington D.C., quickly becoming a recognized international name in regulated gaming within Europe with new operations in Canada and the US.
“The launch of www.SportBet.com is a pivotal move towards accelerating our North American go-to-market strategy under the new Elys America business unit,” said Michele Ciavarella, Executive Chairman of Elys Game Technology, Corp. “SportBet.com is a clearly identifiable sports betting URL emphasizes our direction in the U.S. and our goal to be recognized as a top-tier challenger in this expanding market. We remain dedicated to delivering an unrivaled sports betting experience, combining innovation, dependability, and responsible gaming practices to earn the loyalty of our players.”
Recent industry studies indicate that the global sports betting market size is estimated to exceed US$180 billion by 2030, while the U.S. mobile market has grown extensively since the repeal of the Professional and Amateur Sports Protection Act in May 2018. According to the American Gaming Association (AGA), sportsbook revenues increased 75 per cent from 2021 to 2022 to reach US$7.5 billion, and the Company’s internal studies believe that the U.S. addressable market size could exceed US$25 billion in revenue by 2030.
About Elys Game Technology, Corp.
Elys Game Technology, Corp. is a global gaming technology company operating in multiple countries worldwide. Elys offers its clients a full suite of omnichannel leisure gaming products and services, such as online sports betting, e-sports, virtual sports, online casino, poker, bingo, interactive games, and online slots on a B2C basis in Italy and has B2B operations in five states as well as the District of Columbia in the U.S. market. The Company provides sports betting software, online casino software, services for commercial and tribal casinos, retail betting establishments, and franchise distribution networks.
Elys’ vision is to become a global leader in the gaming industry through the development of pioneering and innovative online casino software. Additional information is available on our corporate website at www.elysgame.com.
Investors may also find us on Twitter @ELYS5D; Instagram @elys5d; LinkedIn Elys America; YouTube @Elys5D; and on Facebook @Elys5D.
Forward-Looking Statements
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. These statements are identified by the use of the words “could,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “may,” “continue,” “predict,” “potential,” “project,” and similar expressions that are intended to identify forward-looking statements and include statements regarding Elys. 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 that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, the risk factors described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022, and its subsequent filings with the U.S. Securities and Exchange Commission, including subsequent periodic reports on Form 10-Q and current reports on Form 8-K. The information in this release is provided only as of the date of this release, and the Company undertakes no obligation to update or revise publicly 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 unanticipated events, except as required by law.
Investor Contact:
Tom Colton and Alec Wilson
Gateway Group, Inc.
949-574-3860
[email protected]
Berlin:3UW
Elys BMG Group Announces Approval for The Ugly Mug Sportsbook in Washington, DC.
NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) — Elys BMG Group, Inc. (“Elys” or the “Company”) (OTC: ELYS), an interactive gaming and sports betting technology company, today announces that The Ugly Mug in Washington D.C. (“Ugly Mug”) has been granted provisional approval from the District of Columbia Office of Lottery and Gaming Regulation and Oversight Division (DCOLG) to open its sportsbook at 723 8th St. SE. As the fourth privately owned sportsbook venue in the District powered by Elys’ innovative Gameboard betting technology, The Ugly Mug stands as a testament to Elys’ commitment to bringing cutting-edge solutions to local businesses and sports enthusiasts.
The grand opening for The Ugly Mug sportsbook is anticipated to occur during the week of April 27th. Elys will unveil the grand opening festivities, promotions, and events as the date draws closer.
With easy access to sports wagering and a classic American menu in a relaxed setting, The Ugly Mug sportsbook is set to become a premier destination in the Navy Yard region of Washington D.C. and is another step forward for Elys becoming the leading betting technology provider for neighborhood sportsbooks in the USA.
About Elys BMG Group, Inc.
Elys BMG Group, Inc. is a global gaming technology company operating in multiple countries worldwide. Elys offers its clients a full suite of omnichannel leisure gaming products and services, such as online sports betting, e-sports, virtual sports, online casino, poker, bingo, interactive games, and online slots on a B2C basis in Italy and has B2B operations in three states as well as the District of Columbia in the U.S. market. The Company provides sports betting software, online casino software, services for commercial and tribal casinos, retail betting establishments, and franchise distribution networks.
Elys’ vision is to become a global leader in the gaming industry through the development of pioneering and innovative online casino and sportsbook software. Additional information is available on our corporate website at www.elysgame.com.
Investors may also find us on Twitter @ELYS_BMG; Instagram @elys_BMG; LinkedIn Elys_BMG; YouTube @Elys_BMG; and on Facebook @ElysBMG.
Forward-Looking Statements
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. These statements are identified by the use of the words “could,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “may,” “continue,” “predict,” “potential,” “project,” and similar expressions that are intended to identify forward-looking statements and include statements regarding Elys. 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 that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, the risk factors described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022, and its subsequent filings with the U.S. Securities and Exchange Commission, including subsequent periodic reports on Form 10-Q and current reports on Form 8-K. The information in this release is provided only as of the date of this release, and the Company undertakes no obligation to update or revise publicly 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 unanticipated events, except as required by law.
Investor Contact:
Beatriz Oni
Account Communications Manager
561-838-3325
[email protected]
Berlin:3UW
Elys BMG Group Announces New Installation at The Ugly Mug Sportsbook in Washington, DC.
NEW YORK, March 28, 2024 (GLOBE NEWSWIRE) — Elys BMG Group, Inc. (“Elys” or the “Company”) (OTC: ELYS), an interactive gaming and sports betting technology company, today announces the completion of its sportsbook installation at The Ugly Mug restaurant and bar situated at 723 8th St SE, in Washington, DC. This collaboration underscores Elys’ commitment to providing unparalleled sports wagering experiences for small and local businesses across America.
Opening of the Ugly Mug Sportsbook is subject to final approval from the District of Columbia Office of Lottery and Gaming (DCOLG) and will represent the Company’s fourth privately owned sportsbook in the District.
The venue is ideally located just blocks away from Nationals Stadium and is in close proximity to popular destinations such as Capitol Hill and the Marine Barracks. The Ugly Mug is poised to become a premier destination in the Navy Yard area of Washington, D.C. ensuring convenient access for sports fans and bettors to enjoy a classic American menu in a casual atmosphere, further enhancing the neighborhood sportsbook experience provided by Elys.
About Elys BMG Group, Inc.
Elys BMG Group, Inc. is a global gaming technology company operating in multiple countries worldwide. Elys offers its clients a full suite of omnichannel leisure gaming products and services, such as online sports betting, e-sports, virtual sports, online casino, poker, bingo, interactive games, and online slots on a B2C basis in Italy and has B2B operations in three states as well as the District of Columbia in the U.S. market. The Company provides sports betting software, online casino software, services for commercial and tribal casinos, retail betting establishments, and franchise distribution networks.
Elys’ vision is to become a global leader in the gaming industry through the development of pioneering and innovative online casino and sportsbook software. Additional information is available on our corporate website at www.elysgame.com.
Investors may also find us on Twitter @ELYS_BMG; Instagram @elys_BMG; LinkedIn Elys_BMG; YouTube @Elys_BMG; and on Facebook @ElysBMG.
Forward-Looking Statements
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. These statements are identified by the use of the words “could,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “may,” “continue,” “predict,” “potential,” “project,” and similar expressions that are intended to identify forward-looking statements and include statements regarding Elys. 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 that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, the risk factors described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022, and its subsequent filings with the U.S. Securities and Exchange Commission, including subsequent periodic reports on Form 10-Q and current reports on Form 8-K. The information in this release is provided only as of the date of this release, and the Company undertakes no obligation to update or revise publicly 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 unanticipated events, except as required by law.
Investor Contact:
Beatriz Oni
Account Communications Manager
561-838-3325
[email protected]
Berlin:3UW
Elys BMG Group Announces Grand Opening Event For Grand Central’s H Street Sportsbook in Washington, DC.
NEW YORK, March 20, 2024 (GLOBE NEWSWIRE) — Elys BMG Group, Inc. (“Elys” or the “Company”) (OTC: ELYS), an interactive gaming and sports betting technology company, today announces that the Grand Central H-Street Sportsbook (“Grand Central”) will host its grand opening at 625-D H Street NE in Washington, D.C., on March 21, 2024. The grand opening begins at 10 A.M. EST with an invitational event with media and government officials, followed by the general opening of wagering windows and kiosks at 11:30 A.M. EST.
“Grand Central is proud to partner with Elys on our second location together,” said Brian Vasile, owner of Grand Central. “We are grateful to the OLG, District Council, and Mayor’s Office for their visionary leadership in creating room for small businesses to thrive in the dynamic sports betting market.”
“We are excited to extend our collaboration with Grand Central to launch their second joint venture site,” said Mike Ciavarella, CEO of Elys. “This is more than just a business expansion; it’s a testament to our commitment to providing exceptional services and creating unforgettable experiences for our patrons and partners. We are eager to immerse ourselves in the rich tapestry of the D.C. community and to have a positive impact on the evolution of the District’s sports betting landscape while fostering initiatives of small and local business builders like Brian.”
Alongside its sportsbook, Grand Central H-Street offers patrons fresh desserts by Tissy Sweets Bakery & Cafe, assorted snacks, and non-alcoholic beverages.
About Elys BMG Group, Inc.
Elys BMG Group, Inc. is a global gaming technology company operating in multiple countries worldwide. Elys offers its clients a full suite of omnichannel leisure gaming products and services, such as online sports betting, e-sports, virtual sports, online casino, poker, bingo, interactive games, and online slots on a B2C basis in Italy and has B2B operations in three states as well as the District of Columbia in the U.S. market. The Company provides sports betting software, online casino software, services for commercial and tribal casinos, retail betting establishments, and franchise distribution networks.
Elys’ vision is to become a global leader in the gaming industry through the development of pioneering and innovative online casino and sportsbook software. Additional information is available on our corporate website at www.elysgame.com.
Investors may also find us on Twitter @ELYS_BMG; Instagram @elys_BMG; LinkedIn Elys_BMG; YouTube @Elys_BMG; and on Facebook @ElysBMG.
Forward-Looking Statements
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. These statements are identified by the use of the words “could,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “may,” “continue,” “predict,” “potential,” “project,” and similar expressions that are intended to identify forward-looking statements and include statements regarding Elys. 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 that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, the risk factors described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022, and its subsequent filings with the U.S. Securities and Exchange Commission, including subsequent periodic reports on Form 10-Q and current reports on Form 8-K. The information in this release is provided only as of the date of this release, and the Company undertakes no obligation to update or revise publicly 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 unanticipated events, except as required by law.
Investor Contact:
Beatriz Oni
Account Communications Manager
561-838-3325
[email protected]
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