NASDAQ-Listed Elys Game Technology Dual-Lists on NEO Exchange
Elys Game Technology has been officially listed on the NEO Exchange under the symbol NEO:ELYS, marking a significant milestone for the company as it expands its presence in the U.S. and Canadian markets. The listing comes as Canada considers legislation to legalize single-event sports betting, potentially enhancing Elys' market position in a sector where CDN$80 billion is wagered annually. Elys is also the first company to dual-list on both the NEO Exchange and NASDAQ, where it has been trading as ELYS since December 2019.
- Elys is now traded on NEO under the symbol NEO:ELYS, increasing visibility to Canadian investors.
- Potential for growth as Canada considers legislation to legalize single-event sports wagering, targeting a market with annual wagers of CDN$80 billion.
- Elys is the first company to dual-list on NEO and NASDAQ, showcasing its robust operational strategy.
- None.
NEO is excited to welcome Elys Game Technology, Corp. (“Elys” or the “Company”), a full-service sports betting and interactive gaming technology company, to the NEO Exchange. Elys is available for trading on NEO under the symbol NEO:ELYS.
Elys Game Technology, Corp. (NEO:ELYS), a full-service sports betting and interactive gaming technology company, participates in a digital market open to celebrate their listing on the NEO Exchange. Elys Game Technology is available for trading under the symbol NEO:ELYS. (Photo: Business Wire)
“Our listing on the NEO Exchange is an important milestone on many levels for Elys, particularly as we build on our initial go-to-market strategy in the rapidly growing U.S. market and develop our foothold in the Canadian market,” said Elys' Executive Chairman, Michele Ciavarella. “Recently proposed legislation in Canada would legalize single-event sports wagering, and is expected to increase the CDN
A future-forward platform provider in the regulated B2B and B2C gaming markets, Elys has become the first operating company to dual-list on the NEO Exchange and the NASDAQ Capital Market, where it has been listed and trading under the symbol “ELYS” since December 27, 2019.
“Their debut in the Canadian capital markets is certainly a milestone event for Elys, but it is also a very significant development for our stock exchange,” noted Jos Schmitt, President and CEO of NEO. “It marks the first-ever dual-listing of a NASDAQ-listed operating company on the NEO Exchange, further validating our status as the new generation Canadian senior stock exchange. We look forward to supporting Elys’ continued success. As a technology company ourselves, our values and commitment to innovative and disruptive solutions bode well for a great partnership with Elys and with the growing number of technology companies seeking to list with us.”
The NEO Exchange is home to over 100 corporate and ETF listings, and consistently facilitates more than 13 per cent of all Canadian trading volume. Click here for a complete view of all NEO-listed securities. Investors can trade shares of NEO:ELYS through their usual investment channels, including discount brokerage platforms and full-service dealers.
About NEO Exchange
The NEO Exchange is a progressive stock exchange that brings together investors and capital raisers within a fair, efficient, and service-oriented environment. Fully operational since June 2015, the NEO Exchange puts investors first and provides access to trading all Canadian-listed securities on a level playing field. The NEO Exchange lists senior companies and investment products seeking a stock exchange that enables investor trust, quality liquidity, and broad awareness including unfettered access to market data.
Connect with the NEO Exchange: Website | Twitter | LinkedIn | Instagram
About Elys Game Technology, Corp.
Elys Game Technology, Corp. is a B2B global gaming technology company operating in multiple countries worldwide, with B2C online and land-based gaming operations in Italy. In Italy, Elys offers clients a full suite of leisure gaming products and services, such as sports betting, e-sports, virtual sports, online casino, poker, bingo, interactive games, and slots. The Company’s innovative wagering solution services online operators, casinos, retail betting establishments, and franchise distribution networks.
Connect with Elys: Website | LinkedIn | Twitter
View source version on businesswire.com: https://www.businesswire.com/news/home/20210106005617/en/
FAQ
What does Elys Game Technology do?
When was Elys listed on the NEO Exchange?
What is the significance of Elys dual-listing?
What potential market does Elys aim to capitalize on?
