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Elys Game Technology, Corp poised with platform, technology and experience to break into US markets

April 18, 2021
Reading Time:1 min read
Elys Game Technology, Corp poised with platform, technology and experience to break into US markets

  • Aiming to become premier betting platform provider for licensed operators across global markets
  • Pushing into the US sports betting market
  • Experience in highly regulated Italian market

What Elys Game Technologies does:

, Corp. () () is an interactive gaming and sports betting technology company that changed its name from Newgioco Group in November 2020.

The new name came with a change of CEO to Matteo Monteverdi and a more focused and energetic team to help unlock the global potential of the company’s leading-edge gaming and betting software.

The Toronto-based group offers operators an innovative platform that can be used for sports wagering, virtual games, lottery and casino games. Its betting platform provides both B2B (business to business) and B2C (business to consumer) bet processing. It can manage tens of thousands of pre-match events and more than 200 live events.

Elys’ unique technology begins with offering a shop-client architecture so that casino and gaming operator businesses can offer their own product line-up and be their own bookmaker without having to farm it out to a franchise bookmaker. The company also assists retail operators in understanding end-user needs and relates this data back to gaming product and technology. 

The company currently makes 100% of its revenues from Italy but is looking to break into the US market following deregulation. In May 2019, the US Supreme Court decided to overturn a federal law, which…

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