Elys Game Technology Corporation (Nasdaq: ELYS), an interactive gaming and sports betting technology company, today announced the expected launch of its online sportsbook platform for United States and Canadian markets by the third quarter of 2023.
The company has made significant progress on strategy and preparations for its North American online channel with planned deployments in Canada and certain United States markets. Mobile apps are expected in both iOS and Android versions on a state-of-the-art GLI-33 certified platform complete with a broad range of customization tools and rigorous cybersecurity features.
“Since the repeal of the Professional and Amateur Sports Protection Act in 2018, we have seen the United States market begin to take shape with many years of growth and development potentially ahead,” the Executive Chairman for Elys Game Technology Corporation, Michele Ciavarella, said. “The liberalization of the United States market has also led to greater market opportunities with legislative changes in Canada as well. Elys Game Technology Corporation has taken this early-stage opportunity to analyze market behavior and to better understand what North American sports bettors want, rather than race to gain market share in uncharted spaces.
“We have always believed that this patient, methodical approach and years of data analysis would result in Elys Game Technology Corporation offering a highly intuitive sportsbook and iGaming product line-up. Our previously announced partnerships in both online and retail deployments in North America have been instrumental in developing our new mobile product so that Elys Game Technology Corporation could offer the largest range of events combined with the most competitive odds and player tools available in the United States to rival top competitors currently in the North American space. We expect to provide additional information over the coming months as Elys Game Technology Corporation moves forward with state-by-state and tribal openings throughout the year.”