Elys Game Technology will deploy virtual sports wagering and amusement products throughout Italy after entering into retail distribution agreements
Elys Game Technology testament deploy virtual sports wagering and amusement products throughout Italia after entering into retail dispersion agreements.
Elys testament station products from Virtual Generation Limited (VG) inward around 5,000 locations. These will follow operated past Elys’ Italian subsidiary, Multigioco, as swell as other licensed operators.
In doing so, Italian bettors will live capable to wager on various virtual sports events, including pre-recorded greyhound and horseracing.
Alongside betting, customers will also live capable to caper keno and American roulette, among other games.
By bringing its virtual products to Italy, Elys is looking for to advance an boilers suit strategy that will ascertain it bring forth revenue of more or less $5m to $7m from this segment annually.
“We wait our investments inwards Virtual Generation to pay-off chop-chop with deployments in multiple regulated markets including Europe, the USA and Canada, Africa, Asia and inwards Apr 2020, VG became the world-class qualified provider of online virtual games through and through Newgioco Republic of Colombia based in Bogota,” stated Michele Ciavarella, Executive Chairman of Elys.
However, Elys has liberal ambitions elsewhere, to wit the US and Canada, and believes this recent make a motion will back up its Frederick North American sportsbook expansion.
Ciavarella added: “We trust that our free-enterprise(a) advantages are indispensable differentiators that could result inward the speedy adoption and global ontogenesis of our virtual sports products over the coming years.
“The ontogeny of our virtual product offering is expected to full complement our Elys sportsbook elaboration inwards the US and Canadian River betting markets.”