NEW YORK, NY, Oct. 10, 2022 (GLOBE NEWSWIRE) -- Elys Game Technology, Corp. (“Elys” or the Company”) (Nasdaq: ELYS), an interactive gaming and sports betting technology company, today announced a partnership with Bookmakers, LLC to provide land-based sportsbook services within the Top Hat Sports Bar & Grill, located in Parkville, Maryland. Under the agreement, Elys will receive a percentage of all sports betting revenue generated pending final regulatory approval of the Maryland Lottery and Gaming Control Commission.Karen Senac, owner of Bookmakers, LLC commented, “We are delighted to partner with Elys to provide sportsbook services within the Top Hat Sports Bar & Grill located in Parkville, Maryland. Elys’ experience in the market, ease of use for players and reporting for regulatory compliance is what drove Bookmakers to select and sign with Elys. We expect that their “Build-A-Bet” feature will be especially attractive to our customers. We are excited about the prospect of offering yet another layer of entertainment to the customers of this already busy establishment. I am truly excited at the prospect of being part of this progressive program in the state of Maryland and appreciate the support of the Maryland Lottery and Gaming Control Commission in driving new revenue streams to support locally owned businesses.”
Michele Ciavarella, Executive Chairman of Elys Game Technology, stated, “We are pleased to enter this partnership with Bookmakers, LLC to provide them with an end-to-end, best-in-class sportsbook solution for their customers. Top Hat Sports Bar & Grill, Parkville’s premier pool hall for over three decades, includes a sports bar and lounge area with multiple flat screen TVs for viewing your favorite sports, making it an ideal location to include our sportsbook solution for their customers. We look forward to working with Karen Senac and the Bookmakers team to fulfil their inaugural sportsbook goals.”
“This partnership is a further example of both our growing traction within the state of Maryland, as well as the eagerness of local business operators to provide their customers with sports betting as an ancillary product in their establishments. The Maryland Lottery and Gaming Control Agency recently approved new rules for Maryland sports betting. This agreement follows a similar agreement in the state of Maryland with the Rod ‘N’ Reel Resort, which is one of just seven named ‘class B’ entities in the state of Maryland guaranteed a sportsbook license. Adding a sportsbook to a local business operator, such as the Top Hat Sports Bar & Grill, is expected to be a win-win for the establishment, as it could generate a new stream of revenue and provide an engaging product and service for their current guests, as well as potentially allowing establishments to build their businesses by drawing new customers interested in the sportsbook solution to their venues. We plan to continue to aggressively develop our sales pipeline with additional bars, restaurants and other retail establishments to implement our sportsbook solution throughout the nation,” concluded Mr. Ciavarella.
About Elys Game Technology, Corp.
Elys Game Technology, Corp., is a B2B global gaming technology company operating in multiple countries worldwide, with B2C online and land-based gaming operations in Italy. Elys offers its clients a full suite of leisure gaming products and services, such as sports betting, e-sports, virtual sports, online casino, poker, bingo, interactive games, and slots in Italy and has operations in five states as well as the District of Columbia in the U.S. market. Elys’ vision is to become a global leader in the gaming industry through the development of pioneering and innovative technology.
The Company provides wagering solutions, services online operators, casinos, retail betting establishments and franchise distribution networks. Additional information is available on our corporate website at www.elysgame.com.
Investors may also find us on Twitter @ELYS_gaming.
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 the Company’s plans to provide land-based sportsbook services within the Top Hat Sports Bar & Grill, in Parkville, Maryland, Top Hat Sports Bar & Grill commencing land-based sportsbook betting upon regulatory approval, “Build-A-Bet” being especially attractive to customers, Top Hat Sports Bar & Grill being an ideal location to include the Company’s sportsbook solution for their customers, working with Karen Senac and the Bookmakers team to fulfil their inaugural sportsbook goals, adding a sportsbook to a local business operator being a win-win for the establishment, generating a new stream of revenue and providing an engaging product and service, establishments building their businesses by drawing new customers interested in the sportsbook solution to their venues and the Company‘s plans to continue to aggressively develop its sales pipeline with additional bars, restaurants and other retail establishments to implement its sportsbook solution throughout the nation. 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 Company’s ability to provide land-based sportsbook services within the Top Hat Sports Bar & Grill, in Parkville, Maryland upon regulatory approval as planned, the ability to make “Build-A-Bet”, especially attractive to customers, the ability to generating a new stream of revenue and draw new customers interested in the sportsbook solution to venues, the Company‘s ability to continue to aggressively develop its sales pipeline with additional bars, restaurants and other retail establishments to implement its sportsbook solution throughout the nation, the duration and scope of the COVID-19 outbreak worldwide, including the impact to state and local economies, and the risk factors described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021 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.
Contact:
Crescendo Communications, LLC
Tel: (212) 671-1020
Email: Elys@crescendo-ir.com
Related Quotes
NEW YORK (Reuters) -Tech firm Honeywell International Inc will roll out technology that could increase supplies of lower-carbon aviation fuel produced from ethanol, the company said on Monday, as the Biden administration calls for the aviation industry to reduce emissions. Honeywell's technology can increase production efficiency of sustainable aviation fuel (SAF) to lower costs.
After the annus horribilis of 2022, with the final quarter now in play, investors will be hoping a late-year rally will materialize. According to Carson Group's chief market strategist Ryan Detrick, that’s not such a far-fetched idea. "While October has a reputation for crashes, it is really a bear market killer,” Detrick recently wrote. “Of the past 17 bear (or near bear markets), stocks bottomed in October six times. Could it happen again? With sentiment this pessimistic and extremely positive
Shares of enterprise software companies Twilio (NYSE: TWLO), Snowflake (NYSE: SNOW), and Appian (NASDAQ: APPN) fell hard again Monday, down 6.3%, 9.3%, and 6.5%, respectively, as of 3:44 p.m. EDT. In addition, long-term bond yields remained high. On Monday, cloud-based service-center software company Five9 (NASDAQ: FIVN) plunged over 25%, after CEO Rowan Trollope announced he would be resigning for another role at a pre-IPO tech company.
The sour mood came as UK unemployment tumbled unexpectedly to its lowest since 1974 as people dropped out of the workforce at a record rate.
In this article, we discuss 5 dividend stocks that are too cheap to ignore. You can skip our detailed analysis of dividend stocks and their returns in the past, and go directly to read 5 Dividend Stocks That Are Too Cheap To Ignore. As the market plunges to its new lows in 2022, investors are […]
Some stocks are best avoided. We don't wish catastrophic capital loss on anyone. Anyone who held Carnival Corporation...
A Cowen analyst says chip stocks are near all-time low valuations after their big drops this year. Several offer solid buying opportunities.
Vox Royalty Corp. (TSXV: VOX) (NASDAQ: VOXR) ("Vox" or the "Company"), a returns focused mining royalty company, is pleased to announce that its common shares will commence trading on The Nasdaq Stock Market ("Nasdaq") at market open today under the ticker symbol "VOXR". Vox's common shares will continue to trade on the TSX Venture Exchange under the ticker symbol "VOX".
Today's Research Daily features new research reports on 16 major stocks, including NVIDIA Corporation (NVDA), Pfizer Inc. (PFE) and Citigroup Inc. (C).
(Bloomberg) -- Cathie Wood bought another tranche of Adobe Inc. shares as the stock languishes near its mid-September low when it cratered after announcing its biggest ever acquisition.Most Read from BloombergHere’s How Weird Things Are Getting in the Housing MarketThis Is What 7% Mortgages Will Do to the Housing MarketScreening Procedure Fails to Prevent Colon Cancer Deaths in Large StudyCathie Wood Warns of ‘Serious Losses’ in Automobile DebtThe Most Powerful Buyers in Treasuries Are All Baili
Does the October share price for Lumen Technologies, Inc. ( NYSE:LUMN ) reflect what it's really worth? Today, we will...
JPMorgan Chase & Co. CEO Jamie Dimon warns investors that stocks could slide much further as the Fed continues hiking interest rates.
Cathie Wood’s ARK is sinking. Now she’s calling on the Fed to end the flood caused by its rapid interest rate hikes.
Yahoo Finance Live anchors discuss stock performance for PayPal as well as why the financial tech company is backtracking on its misinformation policy.
Markets finished last week on a down note, with the S&P 500 and the NASDAQ falling 2.8% and 3.8%, respectively. The Friday collapse came in the wake of the September jobs report, which further fed into investor worries that the Federal Reserve will continue pushing interest rate hikes even at risk of a recession. The headline number, 263,000 new jobs in the month, came in below the forecast of 275,000, and was well below the August print of 315K. At the same time, the headline unemployment rate
(Bloomberg) -- Everywhere you turn, the biggest players in the $23.7 trillion US Treasuries market are in retreat.Most Read from BloombergHere’s How Weird Things Are Getting in the Housing MarketThis Is What 7% Mortgages Will Do to the Housing MarketScreening Procedure Fails to Prevent Colon Cancer Deaths in Large StudyCathie Wood Warns of ‘Serious Losses’ in Automobile DebtThe Most Powerful Buyers in Treasuries Are All Bailing at OnceFrom Japanese pensions and life insurers to foreign governmen
In this article, we will look at the 12 best stocks for long-term growth. If you want to explore similar stocks, you can also take a look at 5 Best Stocks for Long-Term Growth. Growth stocks are taking a beating in 2022 due to higher borrowing costs that are delaying expansion plans and negatively impacting […]
Shares of Nvidia (NASDAQ: NVDA) were down 4.5% as of 1:15 p.m. ET on Monday, following another analyst weighing in with a warning for investors. This has sent Nvidia shares down 60% year to date. Nvidia stands to lose $400 million in quarterly revenue.
It was yet another difficult day for automotive investors. This morning, share prices of Ford (NYSE: F) and General Motors (NYSE: GM) were sliding after a UBS analyst downgraded the automotive stocks. Nio (NYSE: NIO) investors weren't having much of a better morning either, as the Chinese automaker's stock was falling likely on news that fellow EV maker Rivian issued a significant recall of most of its vehicles.
In this article, we will take a look at 15 of the most valuable Dutch companies in the world. If you want to see some more of the biggest Dutch companies in the world, go directly to 5 Most Valuable Dutch Companies in the World. The Netherlands, which is the land of the Dutch, doesn’t […]
source https://4awesome.streamstorecloud.com/elys-game-technology-announces-partnership-to-provide-sportsbook-services-at-top-hat-sports-bar-grill-in-maryland-yahoo-finance/?feed_id=11159&_unique_id=63b93a203d8d6
No comments:
Post a Comment