
- Elys Game Technology Corp (NASDAQ:ELYS) has signed an exclusive partnership with Wright Bet Ventures LLC to operate multiple sportsbooks in the state of Ohio.
- The company's wholly-owned subsidiary, USBookmaking (USB), will provide sport wagering services to manage the sportsbook risk and provide bookmaking services.
- Elys looks to deploy its Washington D.C. model in Ohio, allowing non-conventional gaming venues like bars, restaurants, and other businesses to acquire licenses to offer a turn-key sportsbook to patrons.
- If the Ohio Casino Control Commission approves the license, Elys and Wright Bet partnership could offer up to 12 sportsbook locations throughout Ohio.
- Price Action: ELYS shares are trading lower by 1.25% at $1.58 on the last check Monday.