Elys partners with Lottomatica to provide sportsbook platform

Elys Game Technology has entered into a mutually-beneficial agreement with Lottomatica, providing the latter with customised gaming software in return for licence rights

Elys Game Technology has entered into a mutually-beneficial arrangement with Lottomatica, providing the latter with customised gaming software system inwards homecoming for licence rights.

The Florida key facet of the partnership relates to the development of a sportsbook political platform for Lottomatica, which is currently plotting its expansion into the North American marketplace.

Elys’ go through in developing technologies, such as sports betting platforms, derives from its Game Board software, which can legion upwards to 150,000 events per year, with unrecorded streaming and real-time information flows. The technology also allows for dynamical odds customisation and participant management.

This is supplemented by the company’s ownership of USBookmaking, a sports betting turnkey provider acquired past Elys in July 2021.

Michele Ciavarella, Executive Chairman, Elys, commented: “We are rattling pleased to feature reached the agreements with Lottomatica, allowing Elys to quicken its digital and mobile canalise evolution for Canadian and US markets.

“This milestone relationship for Elys is the outcome of our investments inwards engineering and human capital, specialising in B2C intelligence service inward the robust Italian market, as easily as the integrating of dedicated bookmaking have in the extremely competitory and fast-growing US securities industry with the USBookmaking acquisition.

“We consider this human relationship as an chance to position Elys’ technology as the leading sports betting engineering inwards our industry, and to combine the receive and firebrand strength of Lottomatica with our cutting-edge political program to take exception for a upside tell apart in the expanding Frederick North American market.”

As part of the agreement, Elys expects to secure land-based licence rights to expand inward the Italian market, which is due to announce the renewal of federal licences inwards the coming months.

Ciavarella continued: “Elys sees 2022 as a breakthrough year, with the conversion of investments inwards our Elys Gameboard technology and talent, both inwards Europe and Frederick North America, into revenue and possible profits for years ahead.”

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