Elys Game Technology and Grand Central extend their partnership
October 3, 2022
(PRESS RELEASE) — Elys Game Technology, Corp., an interactive gaming and sports betting technology company, today announced that it has entered into an agreement to expand its current partnership with Grand Central Restaurant and Sportsbook , forming a new joint venture to open a second sports betting site in Washington D.C. The specific location has not yet been disclosed and is subject to approval by the DC Department of Small and Local Development and the Bureau of lottery and DC games.
“Our Management Service Provider (MSP) license with Grand Central Restaurant and Sportsbook (Grand Central), marked the first small business Class B sports betting site of its kind in the United States,” said Michele Ciavarella. , Executive Chairman of Elys Game Technology. . “We are extremely pleased with the strong performance of this premier location in the Adams Morgan area of DC, as exemplified by the continued growth of betting management. Given this joint success, we are proud to now announce plans for a second sports betting site with ownership of Grand Central in Washington DC We believe our sports betting solutions could play an important role in supporting the recovery of bars, restaurants and other small businesses after the pandemic, and are experiencing very strong interest and demand for our solutions and our very popular Build-Your-Bet feature for sports bettors. We appreciate DCOLG’s support in establishing and developing our first MSP location and, together with DSLDB, we now look forward to working closely with district officials and the property to advance plans for this second location and others underway thanks to this new delivery model.