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Elys Game Technology Bets Big on U.S. Market with Third Location

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Elys Game Technology Corp. is a growing sports betting and iGaming platform globally in regulated B2B and B2C markets. In particular, the online gaming platform has achieved success in the robust Italian market in part by bringing sports betting to small business venues, and it is now aggressively expanding across North America and setting up new trends in the evolving U.S. sports betting landscape.

The small business sportsbook model could provide Elys with the leverage to be a significant challenger to more established players like DraftKings, FanDuel, and BetMGM.

Whenever a new company enters a market, it’s important for investors to look at its competitive advantages. These advantages are what will attract customers and help the company win market share away from its competitors. In Elys’ case, it has two key advantages.

Advantage 1: Small Business Sportsbooks

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Elys Game Technology offers a convenient way for small businesses to offer cost-effective sports gambling to their most loyal customers.

This model has already proved successful at Elys’ first U.S. location – Grand Central Sportsbook in Washington D.C. The company reports that the location has been a significant revenue driver for the company, averaging $67,500 per month in Gross Gaming Revenue (GGR) for the operator, which is approximately 700% above initial expectations. Its success has also encouraged Elys to open two more locations in D.C.

While major companies like DraftKings and FanDuel are spending hundreds of millions to dominate the national conversion, Elys is winning customer loyalty by going local.

Advantage 2: The “Best Odds” Model

Elys Game Technology has also won favor among bettors due to its unique “best odds” approach. The “best odds” model is an odds-making strategy aimed at attracting and retaining clients by providing the most competitive odds on various sporting events. This approach prioritizes long-term customer loyalty over short-term market share growth. It is another example of how Elys is going against the grain of the industry.

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Most major players in the industry have won market share by spending millions on marketing campaigns and offering steep customer promotions. But, while promos might drive short-term signups, they do not always lead to long-term customer loyalty.

If Elys Game Technology’s “best odds” model proves to offer a better customer experience, then it could help the company dethrone larger competitors as America’s preferred sports betting platform.

Sports Betting in the US

In 2018, the Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA). This paved the way for each state to determine its own sports betting laws. Since then, legal sports betting has taken off in the US.

30 states have already legalized sports betting in some capacity. Revenue from legalized online sports betting is projected to hit $7.62 billion this year, according to Statista.

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By 2027, this market is expected to reach $31.09 billion, growing at a compounded annual growth rate (CAGR) of 12.89% over 2023-2027.

Statista estimates that just under 50 million Americans will participate in sports gambling by 2027, roughly 19% of the adult population.

To understand the popularity of sports betting in the US, investors should look no further than the success of the National Football League (NFL). The NFL Championship – the Super Bowl – routinely draws in around 100 million viewers. And, of the 50 most valuable sports franchises in the world, 30 are NFL teams.

Sports betting will likely continue to grow in America, thanks in large part to the popularity of the NFL. As sports betting becomes more mainstream, providers like Elys, with their extensive experience in the industry, appear well positioned to join in the success.

Elys Game Technology U.S. Expansion Plans

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Elys Game Technology recently announced plans to expand its footprint in Washington D.C. by adding a third location on H Street. This new location will build on the success of Elys’ other two D.C. locations: Grand Central Sportsbook and the Cloakroom Gentlemen’s Club Over Under Sportsbook Lounge.

Elys plans to use this D.C. base to expand sequentially into the following states:

New Jersey

Louisiana

Kentucky

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Colorado

Indiana

Illinois

Michigan

Once it has established a foothold in local bars/restaurants, Elys will have plenty of room to expand its offering outside of just sports betting. This is because it offers a full suite of omnichannel leisure gaming products and services including online casino and slot games, poker, bingo, lottery, and more interactive gambling games.

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PRAGMATIC PLAY AND DORADOBET EXPAND PARTNERSHIP WITH BINGO DEAL IN PERU

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The provider expands its collaboration with Doradobet to integrate Bingo games

Pragmatic Play, a leading content supplier to the iGaming industry, has once more extended its partnership with prominent Peruvian operator DoradoBet, agreeing the provision of its Bingo suite of content.

The newly emboldened agreement sees the operator’s customers now able to enjoy Pragmatic Play’s extensive suite of industry-leading Bingo products, including classic variants such as 90 ball, as well as the innovative Sweet Bonanza Bingo.

The move follows DoradoBet already receiving the supplier’s Slots and Live Casino, and the addition of Bingo significantly strengthens its player offering in a highly competitive market.

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Pragmatic Play’s Bingo provision is trusted by tier-one operators globally and remains a favourite for operators and players in Latin America particularly.

Victor Arias, Vice President of Latin American Operations at ARRISE powering Pragmatic Play, said: “This is another partnership extension that shines a light on the value and quality in Pragmatic Play’s product portfolio. Operators can select exactly the content types they require for their operation with absolute confidence, knowing that the same attention to detail that drives traffic runs across the entire gamut of Pragmatic Play products. DoradoBet is a key partner in Peru and its faith in widening the scope of its collaboration is well-placed.”

Ana María Padrós Álvarez, representative of DoradoBet, said: “We had little hesitation in selecting Pragmatic Play to meet our Bingo needs. Having already benefitted from its Slots and Live Casinos, we know the kind of quality we can expect. Bingo is hugely popular among our players and we’re sure they’re going to take to the new content in their numbers.”

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Super Bingo at Plaza Hotel & Casino offer locals BOGO registration

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Home to downtown Las Vegas’ only bingo room, the Plaza Hotel & Casino is offering Clark County residents who register for the next Super Bingo tournament occurring Sept. 11-13 the opportunity to bring a friend for free.

Held in the Plaza’s ballroom, Super Bingo draws nearly 1,000 people from across the country and as far away as Hawaii and Canada for the opportunity to win big playing fun-filled games of bingo over two days, with a $50,000 super coverall both days while socializing with like-minded bingo players.

Bingo-only registration is $160 per person, and Clark County residents who register can bring a friend for free. Registration is available online. Hotel-and-bingo packages start at $300 for a four-night stay with no resort fee.

All Super Bingo players receive one 6-on paper pack for both days, two daubers, free drinks via an open bar at all sessions, boxed lunch both days, and $10 in free slot play after the first day’s session.

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The Plaza’s Bingo room offers six daily bingo sessions at 11 a.m., 1 p.m., 3 p.m., 5 p.m., 7 p.m. and 9 p.m. and is located on the 3rd floor. By parking on the third floor of the Plaza’s self-parking garage, guests have convenient and direct access to the Plaza’s bingo room.

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Smart Bingo Guide- what to look for when picking the best bingo sites in Canada

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Bingo is one of the most popular games in Canada. It is fun, easy to play, and can be very lucrative. Online bingo Canada is played in many forms, from traditional paper cards to online bingo sites. The best online bingo sites in Canada offer various games, including 90-ball and 75-ball versions, along with special games. Here are important factors to consider when picking the best online bingo for real money Canada.

Licensed and regulated

When choosing a bingo site, you want to ensure it’s licensed and regulated. The government has approved the site to operate within its borders. Regulated means that rules are in place to ensure fair play and protect customers.

If you’re looking for a Canadian site, make sure the Canadian government licenses it. And if you are looking for an international site, make sure it’s regulated by a reputable gaming commission—like the UK Gambling Commission or the Malta Gaming Authority.

Variety of games

When looking for the best Canadian bingo sites, the variety of games is one of the second things to consider. The more options you have, the better your chances are that you will find something you like playing.

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Look for sites with many rooms, players, and chat rooms. If there aren’t enough people playing at any given time, there won’t be much competition for prizes or tickets. This means that there will be less excitement overall and a lower chance that you will win anything substantial during your gameplay time.

Mobile apps

The use of mobile apps is convenient and allow you to play bingo on the go. Some sites offer a mobile app, while others don’t. If you’re looking for an online bingo site that offers a mobile app, it can be helpful to check their ratings and reviews and other users’ experiences with the app.

If a site does have a mobile app, it can be helpful to know how stable it is. Also, whether there have been any issues with crashes when using it.

Customer support

The best bingo sites in Canada offer customer support in various ways, such as via phone or live chat. These options are especially good for those new to online gaming who want the reassurance of speaking with a real human being if they need help.

However, you will also want to ensure that some kind of written information is available on online bingo in Canada. Therefore, you can easily look up answers to questions without waiting for someone to respond (or not). Some sites have FAQs, and others have an extensive knowledge base; either option will suffice as long as it will allow you access from anywhere at any time.

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Payment methods and withdrawal times

When you make deposits, it’s important that you can use a method that feels secure and convenient for you. It is also important to know that your funds won’t be held for some arbitrary time. Moreover, there aren’t any hidden withdrawal fees.

Some sites may only offer one or two payment methods, but others might have more extensive offerings. Popular options include:

  • Bank transfer (e-transfers)
  • Credit card (Visa/MasterCard)
  • Debit card (Visa Debit/Master Card Debit)

When it comes to withdrawals, most bingo sites will allow withdrawals once daily. However, there are some exceptions, with bingo sites offering up to three daily withdrawals at no additional cost. However, if this is not fast enough for your needs, check out other available lists of Canada’s fastest-paying bingo sites.

Safety and security

Safety and security are the most important when choosing an online bingo site in Canada. This is why you want to ensure that the website uses SSL encryption. An SSL encryption will ensure your personal information is safe from hackers and scammers.

Another important point to remember is that many bingo websites claim to be “the best” but aren’t all that great. It’s best to find a trusted site with a good reputation and history of success. A good track record makes it easier for players like yourself to decide which one they should choose.

Attractive welcome bonuses and offers

The last thing to look for when looking for the best bingo sites in Canada is a welcome bonus or offer. These are given to new players as an incentive to join, and the value of this bonus can range from a small amount of free money to hundreds or even thousands of dollars.

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There are a lot of factors to consider before signing up for an online bingo Canada site However, with a bit of research, you can easily find the best bingo site for you. Try following these factors.

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