Ocean Casino Resort Announces Partnership with Interactive Gaming and Sports Betting Company Elys Game Technology | National news

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ATLANTIC CITY, NJ, November 11, 2021 / PRNewswire / – Ocean Casino Resort today announced a new partnership scheduled to begin in March 2022, with a technology company for interactive games and sports betting, US bookmaking, a subsidiary of Elys Game Technology, Corp. USBookmaking is known as an innovative sports betting company and is expected to provide Ocean’s trade management services and future retail solution, subject to regulatory approval New jerseys Game regulators.

“We are excited to partner with USBookmaking to benefit from their expertise and deliver a great experience,” said Bill Callahan, Interim CEO of Ocean Casino Resort. “Because ocean is its position within atlantic city, the inclusion of a reputable organization like US bookmaking should only serve to bolster our land-based betting product. “

“USBookmaking looks forward to deepening its relationship with Ocean over the next few years. The combination of Ocean’s knowledge of the atlantic city The player market and our combined experience of more than 125 years in sports betting are an impressive recipe for success, “said Vic Salerno, President of USBookmaking. “The atlantic city The market may be competitive, but with Ocean as our partner, USBookmaking is more than ready to take on the challenge. “

USBookmaking is a subsidiary of Elys Game Technology, Corp. Elys is currently operating everywhere in both online and retail channels Italy over approx. 1,200 webshops and is now live in North America with 6 tribal casino customers. Elys plans to process applications to offer sports betting through its leading US betting platform, and Canada to large and small casinos as well as independent business premises. In order to commence betting transactions at Ocean, US Bookmaking and Elys must obtain the required platform certification and Casino Service Industry Enterprise License from the New Jersey Division of Gaming Enforcement.

“We are excited to partner with Ocean to offer an extremely fun and competitive sports betting product,” said Michele Ciavarella, Executive Chairman of Elys Game Technology. “Our cutting-edge technology developed in the highly competitive European marketplace, coupled with the extensive experience of our USBookmaking team, represents our ability to leverage our North American go-to-market strategy across a wide range of roles, including large top-tier casino resorts like Ocean We’re starting our global one Expansion plan and expect a quick introduction of our advanced Elys Gameboard betting technology in The United States and Canada in the following months.”

Following this announcement of the partnership, details of a new entertainment experience in the Ocean will be announced next year. Ocean recently announced Resort reinvestment of more than $ 75 million next year with the eagerly anticipated expansion of more than 460 guest rooms and suites. That’s coming on the heels of Ocean’s 2021 Real estate improvementsincluding a redesigned casino floor with new high-limit experiences.

ABOUT OCEAN CASINO RESORT:

The Ocean Casino Resort is 20 acres of beachfront location on the world-famous Atlantic City Boardwalk and was named “Best Casino” by Philadelphia Magazine as “Best of Philly 2021” and offers 1,399 guest rooms and suites; 135,000 square feet of gaming entertainment; 1,720 slot machines; 108 gaming tables; 160,000 square meters of conference and congress space; 90,000 square meters of unique outdoor space; 4 fine dining restaurants; 11 casual restaurants; a 40,000 square foot spa; 6 unique day and night life experiences; and a concert hall with 4,500 seats. Ocean is home to the world’s largest Topgolf Swing Suite and offers both land-based sports betting and online gaming in the state New Jersey through its real money gaming sites. Ocean Casino Resort is owned and operated by AC Beachfront, LLC. You can find more information about Ocean at theoceanac.com or follow Ocean on Facebook, Twitter and Instagram.

ABOUT ELYS GAME TECHNOLOGY, CORP .:

Elys Game Technology, Corp., is a global B2B gaming technology company operating in several countries around the world, with B2C online and land-based gaming operations in Italy. In Italy, Elys offers its customers a full range of recreational gaming products and services including sports betting, esports, virtual sports, online casino, poker, bingo, interactive games and slots. The company’s innovative betting solution serves online operators, casinos, retail betting companies and franchise distribution networks. For more information, please visit the Elys corporate website at www.elysgame.com.

Investors can also find Elys on Twitter: @ELYS_gaming.

Forward-Looking Statements

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 made by the use of the words “may”, “believe”, “anticipate”, “intend”, “estimate” , “expect,” “may,” “continue,” “predict,” “potentially,” “project” and similar expressions used to identify forward-looking statements and statements about the addition of USBookmaking to strengthen Ocean Casino Resort’s land-based betting product, USBookmaking, deepening its relationship with Ocean Casino Resort over the next few years, rapidly adopting the company’s advanced Elys gameboard betting technology in The United States and Canada in the coming months and plans to process requests to offer sports betting through the company’s leading betting platform in the United States and Canada to large and small casinos as well as independent business premises. 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, which could cause actual results to differ materially from current expectations and assumptions of those set out or implied in forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, but are not limited to, the Company’s ability to deepen its relationship with Ocean Casino Resort and strengthen its land-based betting product over the next several years , its Elys Gameboard betting technology in The United States and Canada in the coming months, as planned, the company’s ability to offer sports betting through its betting platform in the United States; and Canada on casinos, large and small, and independent business locations, the duration and extent of the global COVID-19 outbreak, including its impact on the state and local economies, and the risk factors for the year as described in the company’s Annual Report on Form 10-K December 31, 2020 and its subsequent filings with the Securities and Exchange Commission, including subsequent periodic 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 update or publicly revise any forward-looking statements, whether as a result of new information, future events or otherwise, after the date the statements are made or reflect the occurrence of unforeseen events, unless required by law.

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SOURCE Ocean Casino Resort



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