Elys Adds Third Sportsbook Location in Washington, D.C.
Elys Game Technology, Corp. (NASDAQ:ELYS) (BER:3UW), a leading interactive gaming and sports betting technology company, is expanding its presence in Washington, D.C. with the addition of a third sportsbook location. The new sportsbook, called Grand Central Sportsbook on H Street, will join the successful Grand Central Restaurant and Sportsbook and the Cloakroom Gentlemen’s Club Over Under Sportsbook Lounge in the nation’s capital.
Since the launch of the small business sportsbook at the Grand Central Restaurant and Sportsbook in October 2021, Elys has been actively seeking opportunities for program expansion. This proven model, which has achieved wide success in Europe, is gaining momentum in the United States as more states embrace the small business sportsbook concept.
The small business model offers customers convenient access to betting on their favorite sports while enjoying a night out at their local social establishment. Michele Ciavarella, Executive Chairman of Elys Game Technology, Corp., expressed enthusiasm for the small business model, stating, “We are buoyed by industry trends in the United States and believe that as more states adopt this model, we can rapidly expand our customer base with minimal upfront costs.”
The new Grand Central Sportsbook on H Street, located at 625D H Street NE, is expected to open in the fourth quarter of 2023. However, the commencement of sports wagering at the new location is subject to final approval by the DC Office of Lottery and Gaming (DCOLG).
Elys Game Technology, Corp. is a global gaming technology company operating in multiple countries worldwide. The company offers a full suite of omnichannel leisure gaming products and services, including online sports betting, e-sports, virtual sports, online casino, poker, bingo, interactive games, and online slots. Elys serves clients on both a business-to-consumer (B2C) basis in Italy and a business-to-business (B2B) basis in five states and the District of Columbia in the U.S. market.
With its vision to become a global leader in the gaming industry, Elys Game Technology, Corp. is focused on developing pioneering and innovative online casino software. The company provides sports betting software, online casino software, services for commercial and tribal casinos, retail betting establishments, and franchise distribution networks.
As Elys expands its footprint in Washington, D.C., it is well-positioned to capitalize on the growing sports betting market. The company’s successful small business sportsbook model, combined with its comprehensive suite of gaming products and services, makes it an attractive choice for customers looking for a seamless and enjoyable betting experience.
Investors can find more information about Elys Game Technology, Corp. on their corporate website at www.elysgame.com. The company also maintains a presence on social media platforms such as Twitter, Instagram, LinkedIn, YouTube, and Facebook, where they share updates and engage with their audience.