Elys Recreation Expertise Readies On-line and Cellular App for 2023 – thqaftqlm

Elys Recreation Expertise Readies On-line and Cellular App for 2023






NEW YORK, April 13, 2023 (GLOBE NEWSWIRE) — Elys Recreation Expertise, Corp. (“Elys” or the “Firm”) (Nasdaq:ELYS), an interactive gaming and sports activities betting know-how firm, in the present day introduced the anticipated launch of its on-line sportsbook platform for U.S. and Canadian markets by Q3 – 2023.

The Firm has made important progress on technique and preparations for its North American on-line channel with deliberate deployments in Canada and sure U.S. markets. Cellular apps are anticipated in each iOS and Android variations on a state-of-the-art, GLI-33 licensed platform full with a broad vary of customization instruments and rigorous cybersecurity options.

“Because the repeal of the Skilled and Novice Sports activities Safety Act in 2018 we’ve got seen the U.S. market start to take form with a few years of progress and growth doubtlessly forward. The liberalization of the U.S. market has additionally led to larger market alternatives with legislative adjustments in Canada as effectively. Elys has taken this early-stage alternative to investigate market habits and to raised perceive what North American sports activities bettors need, relatively than race to achieve market share in uncharted areas,” acknowledged Michele Ciavarella, Govt Chairman of Elys Recreation Expertise, Corp. “We’ve got all the time believed that this affected person, methodical strategy, and years of information evaluation would lead to Elys providing a extremely intuitive sportsbook and i-gaming product line-up. Our beforehand introduced partnerships in each on-line and retail deployments in North America have been instrumental in creating our new cellular product in order that Elys may supply the biggest vary of occasions mixed with essentially the most aggressive odds and participant instruments out there within the U.S. to rival prime opponents at present within the North American house. We anticipate to supply extra data over the approaching months as Elys strikes ahead with state-by-state and tribal openings all year long.

About Elys Recreation Expertise, Corp.

Elys Recreation Expertise, Corp., is a worldwide gaming know-how firm working in a number of international locations worldwide. Elys gives its purchasers a full suite of omnichannel leisure gaming services and products, equivalent to sports activities betting, e-sports, digital sports activities, on-line on line casino, poker, bingo, interactive video games and slots on a B2C foundation in Italy and has B2B operations in 5 states in addition to the District of Columbia within the U.S. market. Elys’ imaginative and prescient is to turn into a worldwide chief within the gaming business by the event of pioneering and revolutionary know-how.

The Firm supplies wagering options, providers on-line operators, casinos, retail betting institutions and franchise distribution networks. Extra data is out there on our company web site at www.elysgame.com.

Buyers may discover us on Twitter @ELYS_gaming.

Ahead-Trying Statements

This press launch accommodates sure forward-looking statements throughout the which means of the secure harbor provisions of the Personal Securities Litigation Reform Act of 1995. These statements are recognized by way of the phrases “may,” “consider,” “anticipate,” “intend,” “estimate,” “anticipate,” “might,” “proceed,” “predict,” “potential,” “challenge” and related expressions which might be meant to determine forward-looking statements and embrace statements relating to the anticipated launch of the net sportsbook platform for U.S. and Canadian markets by Q3 – 2023, deliberate deployments in Canada and sure U.S. markets, cellular apps anticipated in each iOS and Android variations, providing a extremely intuitive sportsbook and i-gaming product line-up, providing the biggest vary of occasions mixed with essentially the most aggressive odds and participant instruments out there within the U.S. to rival prime opponents at present within the North American house. These forward-looking statements are primarily based on administration’s expectations and assumptions as of the date of this press launch and are topic to quite a lot of dangers and uncertainties, a lot of that are tough to foretell that would trigger precise outcomes to vary materially from present expectations and assumptions from these set forth or implied by any forward-looking statements. Necessary elements that would trigger precise outcomes to vary materially from present expectations embrace, amongst others, the Firm’s capability to launch of the net sportsbook platform for U.S. and Canadian markets by Q3 – 2023, deploy in Canada and sure U.S. markets, cellular apps to be out there in each iOS and Android variations, the Firm’s capability to supply a extremely intuitive sportsbook and i-gaming product line-up, and supply the biggest vary of occasions mixed with essentially the most aggressive odds and participant instruments out there within the U.S. to rival prime opponents at present within the North American house, the length and scope of the COVID-19 outbreak worldwide, together with the affect to the state and native economies, and the chance elements described within the Firm’s Annual Report on Type 10-Okay for the 12 months ended December 31, 2021 and its subsequent filings with the U.S. Securities and Alternate Fee, together with subsequent periodic experiences on Type 10-Q and present experiences on Type 8-Okay. The knowledge on this launch is supplied solely as of the date of this launch, and the Firm undertakes no obligation to replace or revise publicly any forward-looking statements, whether or not on account of new data, future occasions or in any other case, after the date on which the statements are made or to replicate the prevalence of unanticipated occasions, besides as required by regulation.

Firm Contacts
Elys Recreation Expertise, Corp.
Investor Relations
Tel.: 1-561-838-3325
E mail: i.relations@elysgame.com

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