Elys in Partnership to Launch Its Fifth Washington Sportsbook

Elys Game Technology, sports betting technology company, has agreed to partner with Petworth Wagering to operate a sportsbook at the Entitlement Restaurant and Cigar Lounge in Washington.

Since October last year, and following growth, Elys has been promoting its new product, which is a white label sportsbook aimed specifically at bars and restaurants in the small business sector. Elys believes offering sports wagering in a bar situation allows small businesses in the hospitality market an opportunity to increase revenues.

This latest deal is the fifth bar/restaurant sportsbook Elys has launched in Washington, partnering with small businesses to operate the sportsbook and the second within two days.

Earlier this week, Elys agreed to a similar deal and partnered with District Hospitality to operate the BetDupont sportsbook, located in a lounge bar also in Washington.

We are looking forward to launching our fifth sportsbook with our latest partners and management team at Entitlement Restaurant and Cigar Lounge in the Petworth district of Washington, DC. and to further expanding our sportsbook footprint within restaurants and bars in DC and neighboring states over the coming months. Partnering with Entitlement provides further affirmation of the scalability and flexibility of the Elys retail sportsbook solution and is a key driver in our pathway to profitability and development of long-term shareholder value in Elys Game Technology.

Michele CiavarellaExecutive Chairman of Elys Game Technology