Elys BMG Group Announces Approval for The Ugly Mug Sportsbook in Washington, DC.

Rhea-AI Summary

Elys BMG Group, an interactive gaming and sports betting technology company, announces the approval for The Ugly Mug Sportsbook in Washington, DC. The sportsbook, powered by Elys' Gameboard betting technology, is set to open at 723 8th St. SE, becoming the fourth privately owned sportsbook venue in the District. The grand opening is scheduled for the week of April 27th, offering sports wagering, a classic American menu, and a relaxed atmosphere. This development showcases Elys' dedication to providing cutting-edge solutions to local businesses and sports enthusiasts.

NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- Elys BMG Group, Inc. (“Elys” or the “Company”) (OTC: ELYS), an interactive gaming and sports betting technology company, today announces that The Ugly Mug in Washington D.C. (“Ugly Mug”) has been granted provisional approval from the District of Columbia Office of Lottery and Gaming Regulation and Oversight Division (DCOLG) to open its sportsbook at 723 8^th St. SE. As the fourth privately owned sportsbook venue in the District powered by Elys’ innovative Gameboard betting technology, The Ugly Mug stands as a testament to Elys' commitment to bringing cutting-edge solutions to local businesses and sports enthusiasts.

The grand opening for The Ugly Mug sportsbook is anticipated to occur during the week of April 27^th. Elys will unveil the grand opening festivities, promotions, and events as the date draws closer.

With easy access to sports wagering and a classic American menu in a relaxed setting, The Ugly Mug sportsbook is set to become a premier destination in the Navy Yard region of Washington D.C. and is another step forward for Elys becoming the leading betting technology provider for neighborhood sportsbooks in the USA.

About Elys BMG Group, Inc.
Elys BMG Group, Inc. is a global gaming technology company operating in multiple countries worldwide. Elys offers its clients a full suite of omnichannel leisure gaming products and services, such as online sports betting, e-sports, virtual sports, online casino, poker, bingo, interactive games, and online slots on a B2C basis in Italy and has B2B operations in three states as well as the District of Columbia in the U.S. market. The Company provides sports betting software, online casino software, services for commercial and tribal casinos, retail betting establishments, and franchise distribution networks.

Elys' vision is to become a global leader in the gaming industry through the development of pioneering and innovative online casino and sportsbook software. Additional information is available on our corporate website at www.elysgame.com.

Investors may also find us on Twitter @ELYS_BMG; Instagram @elys_BMG; LinkedIn Elys_BMG; YouTube @Elys_BMG; and on Facebook @ElysBMG.

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 identified by the use of the words “could,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “may,” “continue,” “predict,” “potential,” “project,” and similar expressions that are intended to identify forward-looking statements and include statements regarding Elys. 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 that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, the risk factors described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022, and its subsequent filings with the U.S. Securities and Exchange Commission, including subsequent periodic reports on Form 10-Q and current reports on Form 8-K. The information in this release is provided only as of the date of this release, and the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events, except as required by law.

Investor Contact:
Beatriz Oni
Account Communications Manager
561-838-3325
i.relations@elysgame.com

FAQ

When is the grand opening of The Ugly Mug sportsbook in Washington, DC?

The grand opening of The Ugly Mug sportsbook is anticipated to occur during the week of April 27th.

Where will The Ugly Mug sportsbook be located in Washington, DC?

The Ugly Mug sportsbook will be located at 723 8th St. SE in Washington, DC.

What technology is powering The Ugly Mug sportsbook in Washington, DC?

The Ugly Mug sportsbook is powered by Elys' innovative Gameboard betting technology.

What is Elys BMG Group known for in the gaming industry?

Elys BMG Group is known for being an interactive gaming and sports betting technology company.