Elys Recreation Expertise, Corp. (“Elys” or the “Firm”) ELYS (BER:3UW), an interactive gaming and sports activities betting expertise firm, introduced at the moment a partnership with All Bets Inc. to ascertain 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 providers to handle the sportsbook threat and supply buying and selling providers.
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 characterize the Firm’s third implementation of its technique to supply a turn-key sportsbook resolution in non-conventional places corresponding 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 girl owned sports activities wagering enterprise.
“We’re delighted to hitch forces with the workforce 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 enlargement centered 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 corresponding to eating places, bars, espresso retailers, and different related 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 prospects need. Elys encourages range in sports activities wagering alternatives and believes that allBETS DC might doubtlessly 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 associate with Elys/USB, and together with the group enterprise framework offered 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 trade 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 may present the assist that is wanted to make sure the general success and enlargement of our allBETS enterprise relationships.”
About All Bets Inc.
All Bets Inc, based by Stacie Whisonant, is a boutique consulting agency specializing in strategic range, fairness & inclusion (DEI) and digital transformations by a borderless high-tech social betting platform. All Bets works on excessive progress and rising industries making certain that we carry the range edge into these new sectors. The group is proudly female-centric and invite girls to have interaction, study and revel in within the betting area in a “Be taught and Earn” mannequin. The purpose for All Bets is to develop into the primary feminine, African American and veteran-owned sports activities betting operation within the U.S. connecting girls and minority run companies throughout the nation.
Comply with allBETS on Twitter @allbetsHQ
About Elys Recreation Expertise, Corp.
Elys Recreation Expertise, Corp., is a B2B international 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, corresponding 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 develop into a worldwide chief within the gaming trade by the event of pioneering and revolutionary expertise.
The Firm offers wagering options, providers on-line operators, casinos, retail betting institutions and franchise distribution networks. Extra data is on the market on our company web site at www.elysgame.com.
Traders might also discover us on Twitter @ELYS_gaming.
This press launch accommodates sure forward-looking statements throughout the that means of the secure 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 related expressions which are supposed to establish forward-looking statements and embody statements relating to 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 girl 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 doubtlessly being a forerunner for achievement, and offering assist that is wanted to make sure the general success and enlargement 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 a variety of dangers and uncertainties, lots of that are troublesome to foretell that would trigger precise outcomes to vary materially from present expectations and assumptions from these set forth or implied by any forward-looking statements. Necessary elements that would trigger precise outcomes to vary materially from present expectations embody, amongst others, the Firm’s capacity to open sportsbook operations at 821 Upshur St NW, in Washington D.C. as deliberate, the Firm’s capacity to implement the third turn-key sportsbook resolution in non-conventional places as anticipated, the potential for an African-American girl owned sports activities wagering enterprise to be groundbreaking as believed, the flexibility of the Firm’s distinctive expertise structure to offer an efficient, one-of-a-kind sportsbook resolution as believed, the flexibility of the Firm’s resolution to drive ancillary income streams, employment alternatives and foster complimentary exercise as anticipated, the flexibility for allBETS to doubtlessly be a forerunner for achievement as anticipated, the Firm’s capacity to offer the assist that is wanted to make sure the general success and enlargement of allBETS enterprise as anticipated, the length and scope of the COVID-19 outbreak worldwide, together with the influence to state and native economies, and the danger elements described within the Firm’s Annual Report on Type 10-Ok for the yr ended December 31, 2020 and its subsequent filings with the U.S. Securities and Trade Fee, together with subsequent periodic reviews on Type 10-Q and present reviews on Type 8-Ok. The knowledge on this launch is offered 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 because of new data, 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.