Elys Recreation Expertise Companions With Minority Owned All Bets Inc. To Develop Washington, D.C. Operations | 2022-04-12 | Press Releases

Elys Recreation Expertise, Corp. (“Elys” or the “Firm”) (Nasdaq:ELYS) (BER:3UW), an interactive gaming and sports activities betting expertise firm, introduced right this moment a partnership with All Bets Inc. to determine allBETS DC One (“allBETS DC”) and function a sportsbook deliberate to open at 821 Upshur St. NW, in Washington, D.C. The Firm’s subsidiary, USBookmaking (“USB”), will present sport wagering companies to handle the sportsbook danger and supply buying and selling companies.

Following the profitable launch of Grand Central Restaurant and Sportsbook, within the Adams Morgan space, and with the Cloakroom DC at present in regulatory assessment, the partnership with allBETS DC would signify the Firm’s third implementation of its technique to supply a turn-key sportsbook resolution in non-conventional places akin to restaurant and bar venues in Washington, DC. And, if awarded a license, allBETS DC is believed to be a groundbreaking enterprise by an African-American lady owned sports activities wagering enterprise.

“We’re delighted to hitch forces with the group at allBETS DC, led by pioneering entrepreneur Stacie Whisonant and are fairly honored to assist minority owned enterprises and ladies run sportsbooks as we proceed our coast-to-coast growth targeted on North America,” said Michele Ciavarella, Elys Govt Chairman. “We firmly consider that the distinctive structure of our expertise provides us an efficient, one-of-a-kind sportsbook resolution to deploy in small companies akin to eating places, bars, espresso retailers, and different comparable institutions. Our resolution might drive ancillary income streams, employment alternatives and will foster complimentary exercise the place eating places and bars throughout the nation can leverage current buyer relationships and provide a sportsbook product that their clients need. Elys encourages variety in sports activities wagering alternatives and believes that allBETS DC might probably be a forerunner for achievement and a job mannequin for aspiring entrepreneurs to comply with this development.”

“This journey, that began for me in 2018, included many days of infinite analysis and have become a actuality within the spring of 2022. I’m proud to companion with Elys/USB, and together with the group enterprise framework supplied by DCOLG and DSLDB in Washington, this settlement construction allowed me the chance to enter into and embark upon the Class B mannequin sports activities wagering business with the consolation of coaching wheels,” Stacie Whisonant, CVO/Founding father of allBETS. “I’m excited and grateful for this momentous alternative, however I used to be additionally anxious in regards to the prospects. My confidence has been reassured by partnering with the professionals at Elys/USB in that they might present the assist that is wanted to make sure the general success and growth of our allBETS enterprise relationships.”

About All Bets Inc.

All Bets Inc, based by Stacie Whisonant, is a boutique consulting agency specializing in strategic variety, fairness & inclusion (DEI) and digital transformations via a borderless high-tech social betting platform. All Bets works on excessive development and rising industries guaranteeing that we deliver the range edge into these new sectors. The group is proudly female-centric and invite ladies to interact, be taught and revel in within the betting house in a “Study and Earn” mannequin. The purpose for All Bets is to grow to be the primary feminine, African American and veteran-owned sports activities betting operation within the U.S. connecting ladies and minority run companies throughout the nation.

Observe allBETS on Twitter @allbetsHQ

About Elys Recreation Expertise, Corp.

Elys Recreation Expertise, Corp., is a B2B world gaming expertise firm working in a number of nations worldwide, with B2C on-line and land-based gaming operations in Italy. Elys provides its purchasers a full suite of leisure gaming services and products, akin to sports activities betting, e-sports, digital sports activities, on-line on line casino, poker, bingo, interactive video games and slots in Italy and has operations in 5 states in addition to the District of Columbia within the U.S. market. Elys’ imaginative and prescient is to grow to be a worldwide chief within the gaming business via the event of pioneering and modern expertise.

The Firm supplies wagering options, companies on-line operators, casinos, retail betting institutions and franchise distribution networks. Further info is obtainable on our company web site at www.elysgame.com.

Buyers can also discover us on Twitter @ELYS_gaming.

Ahead-Trying Statements

This press launch accommodates sure forward-looking statements inside the which means of the protected harbor provisions of the Non-public Securities Litigation Reform Act of 1995. These statements are recognized by means of the phrases “might,” “consider,” “anticipate,” “intend,” “estimate,” “count on,” “could,” “proceed,” “predict,” “potential,” “venture” and comparable expressions which are meant to determine forward-looking statements and embody statements concerning deliberate sportsbook operations at 821 Upshur St NW, in Washington D.C, the Firm’s third implementation of its technique to supply a turn-key sportsbook resolution in non-conventional places, a groundbreaking enterprise by an African-American lady owned sports activities wagering enterprise, the distinctive structure of our expertise giving us an efficient, one-of-a-kind sportsbook resolution, ancillary income streams, employment alternatives and fostering complimentary exercise, allBETS might probably being a forerunner for achievement, and offering assist that is wanted to make sure the general success and growth of allBETS enterprise. These forward-looking statements are based mostly on administration’s expectations and assumptions as of the date of this press launch and are topic to various dangers and uncertainties, lots of that are troublesome to foretell that might trigger precise outcomes to vary materially from present expectations and assumptions from these set forth or implied by any forward-looking statements. Necessary components that might trigger precise outcomes to vary materially from present expectations embody, amongst others, the Firm’s means to open sportsbook operations at 821 Upshur St NW, in Washington D.C. as deliberate, the Firm’s means to implement the third turn-key sportsbook resolution in non-conventional places as anticipated, the potential for an African-American lady owned sports activities wagering enterprise to be groundbreaking as believed, the power of the Firm’s distinctive expertise structure to offer an efficient, one-of-a-kind sportsbook resolution as believed, the power of the Firm’s resolution to drive ancillary income streams, employment alternatives and foster complimentary exercise as anticipated, the power for allBETS to probably be a forerunner for achievement as anticipated, the Firm’s means to supply the assist that is wanted to make sure the general success and growth of allBETS enterprise as anticipated, the period and scope of the COVID-19 outbreak worldwide, together with the impression to state and native economies, and the danger components described within the Firm’s Annual Report on Type 10-Okay for the 12 months ended December 31, 2020 and its subsequent filings with the U.S. Securities and Change Fee, together with subsequent periodic stories on Type 10-Q and present stories 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 info, future occasions or in any other case, after the date on which the statements are made or to mirror the incidence of unanticipated occasions, besides as required by regulation.

Leave a Reply

Your email address will not be published.