Elys Game Technology Expands Partnership With Sportradar To Provide Live US Sports Data On Its Betting Platform
NEW YORK–(COMMERCIAL THREAD) –Elys Game Technology, Corp. (“Elys” or the “Company”) (Nasdaq: ELYS) (NEO: ELYS), an interactive gaming and sports betting technology company, today announced the extension of its strategic partnership with Sportradar, the world’s leading provider of sports betting and sports entertainment products and services, ahead of the launch of its platform of sports betting in the United States
Under the terms of the new deal, Elys will have access to official pre-game and game data for Sportradar’s major US sports. This new partnership provides Elys with the ability to offer a wide range of live in-game betting options at its future retail sports betting sites in the United States, starting with Washington DC, which is slated to launch in. the next months.
Matteo Monteverdi, CEO and President of Elys Game Technology, Corp., said, “We are delighted to strengthen our partnership with Sportradar to include state-of-the-art US sports data for live betting on our sports betting platforms. The new agreement further enhances our product portfolio for live sporting events and is expected to open up new opportunities in the important US sports betting market ahead of our planned first US deployment in Washington DC. According to Morgan Stanley, the US sports betting market is expected to generate nearly $ 7 billion in revenue by 2025. We believe that Sportradar’s cutting-edge technology, data and superior analytics will enable us to deliver on our vision of build a first final sports betting solution for European and North American game operators.
Eduard Blonk, Commercial Director of Sportradar, said: “We are long-standing partners of Elys, a trusted provider of innovative betting solutions services in the European market. This extension of our partnership to the United States is a natural next step given Elys’ growth trajectory. We look forward to working together and bringing a unique betting experience to loyal Elys customers for the upcoming sporting seasons to come.
Sportradar is the global provider of sports betting and sports entertainment products and services. Founded in 2001, the company occupies a unique position at the intersection of the sports, media and betting industries, providing sports federations, news media, consumer platforms and sports betting operators with a range of solutions to help develop their activity. Sportradar employs more than 2,000 people at more than 30 locations around the world. It is our commitment to excellent service, quality and reliability that makes us the trusted partner of over 1,000 businesses in over 80 countries and the official partner of the NBA, NFL, NHL, MLB, NASCAR , FIFA and UEFA. We monitor, analyze and provide information on over 720,000 games per year in 75 sports. With close relationships with the industry, Sportradar isn’t just redefining the experience for sports fans; it also protects the sports themselves through its Integrity Services division and upholding an integrity-driven environment for everyone involved. www.sportradar.com
About Elys Game Technology, Corp.
Elys Game Technology, Corp., is a global B2B game technology company operating in multiple countries around the world, with B2C online and land-based gaming operations in Italy. In Italy, Elys offers its customers a full range of leisure gaming products and services, such as sports betting, e-sports, virtual sports, online casino, poker, bingo, interactive games and slot machines.
The Company’s innovative betting solution serves online operators, casinos, retail betting establishments and franchise distribution networks. The Company has met the product regulatory requirements to begin its B2B business in the United States. Additional information is available on our corporate website at www.elysgame.com.
Investors can also find us on Twitter @ELYS_gaming.
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 “may”, “believe”, “anticipate”, “” have l ‘intention to’, ‘estimate’, ‘expect’, ‘may’, ‘continue’, ‘anticipate’, ‘potential’, ‘plan’ and similar expressions which are intended to identify forward-looking statements and include statements regarding the Company’s anticipated future Retail sports betting sites in the United States, including the launch in the coming months of a retail sports betting site in Washington, DC, the strategic partnership agreement with Sportradar opening up new opportunities in the US sports betting market, with the US sports betting market generating nearly $ 7 billion in revenue by 2025, and Sportradar’s superior technology, data and analytics enabling Elys to realize its vision of creating an end-to-end sports betting solution for games in Europe and North America. the operators. 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 and which could cause results to be achieved. actuals differ materially from current expectations and assumptions from those stated or implied by forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, the Company’s ability to deploy future retail sports betting sites in the United States, including Washington DC, as planned. , the ability of the Company to take advantage of the strategic partnership agreement with Sportradar to open up new opportunities in the US sports betting market, the ability of the US sports betting market to generate nearly $ 7 billion in revenue from ‘by 2025 and the company’s ability to use Sportradar’s superior technology, data and analytics to create a premier -End of sports betting solution for European and North American gaming operators, duration and extent of the COVID-19 epidemic around the world, including the impact on the state and local economies, and the risk factors described in the company’s annual report on Form 10-K for the fiscal year ended December 31, 2019 and its subsequent filings with the United States Securities and Exchange Commission, including reports on Form 10-Q and current reports on Form 8- K. The information in this press release is provided only as of the date of this press release, and the Company assumes no obligation to publicly update or revise 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 unforeseen events, except as required by law.