ATLANTIC CITY, NJ, November 11, 2021 / PRNewswire / – Ocean Casino Resort today announced a new partnership, which is expected to begin in March 2022, with an interactive gaming and sports betting technology company, USBookmaking, a subsidiary of Elys Game Technology, Corp. Known as an innovative sports betting company, USBookmaking is expected to provide transaction management services and Ocean’s future retail solution, pending regulatory approval of Ocean. from New Jersey game regulators.
“We are delighted to partner with USBookmaking to capitalize on their expertise, delivering a top notch experience,” said Bill callahan, Interim General Manager of Ocean Casino Resort. “As Ocean continues to strengthen its position within Atlantic City, the addition of a renowned organization such as USBookmaking should only serve to strengthen our land betting product. “
“USBookmaking looks forward to deepening its relationship with Ocean over the next several years. The combination of Ocean’s knowledge of the Atlantic City player market and our collective experience of over 125 years in sports betting is a tremendous recipe for success, ”said Vic Salerno, President of USBookmaking. “The Atlantic City the market may be competitive, but with Ocean as a partner, USBookmaking is more than up to the challenge. “
USBookmaking is a subsidiary of Elys Game Technology, Corp. Elys is currently operational in online and retail channels through Italy through around 1,200 online shops and is now live in North America with 6 tribal casino clients. Elys plans to process requests for sports betting offers through its state-of-the-art betting platform in the United States and Canada large and small casinos as well as independent business locations. The initiation of betting transactions at Ocean is subject to obtaining the platform certification and corporate license of the casino services industry by Elys and the New Jersey division for the application of the games. .
“We are delighted to partner with Ocean to offer a highly entertaining and competitive sports betting product,” said Michele Ciavarella, Executive Chairman of Elys Game Technology. “Our cutting-edge technology built in the competitive European market, coupled with the vast experience of our American book manufacturing team, represents our ability to deploy our North American go-to-market strategy in a wide range of missions, including large, leading casino complexes such as Ocean We are just beginning our plan for global expansion and we expect to see the rapid adoption of our advanced Elys Gameboard betting technology in United States and Canada In the coming months.”
Following this partnership announcement, details of a new entertainment experience at Ocean are expected to be revealed next year. Ocean recently announced a reinvestment of over $ 75 million over the next year, with the highly anticipated addition of over 460 guest rooms and suites. This follows real estate upgrades from Ocean 2021, including a redesigned casino floor with new high limit experiences.
ABOUT OCEAN CASINO RESORT:
Spanning over 20 oceanfront acres on the famous Atlantic City Boardwalk, the Ocean Casino Resort, named “Best Casino” by Philadelphia Magazine’s “Best of Philly 2021”, offers 1,399 guest rooms and suites; 135,000 square feet of gaming entertainment; 1,720 slot machines; 108 gaming tables; 160,000 square feet of meeting and convention space; 90,000 square feet of unique outdoor space; 4 high-end gourmet restaurants; 11 casual dining options; a 40,000 square foot spa; 6 signature day and nightlife experiences; and a 4,500-seat concert hall. Ocean is home to the world’s largest Topgolf Swing suite and offers both land-based sports betting and online gaming in the state of New Jersey through its real money gaming sites. Ocean Casino Resort is owned and operated by AC Beachfront, LLC For more information on Ocean, please visit theoceanac.com or follow Ocean on Facebook, Twitter and Instagram.
ABOUT ELYS GAME TECHNOLOGY, CORP. :
Elys Game Technology, Corp., is a global B2B game technology company operating in multiple countries around the world, with B2C online and land-based gaming operations in Italy. In Italy, Elys offers its customers a full range of leisure gaming products and services, such as sports betting, e-sports, virtual sports, online casino, poker, bingo, interactive games and slot machines. The Company’s innovative betting solution serves online operators, casinos, retail betting establishments and franchise distribution networks. Additional information is available on the Elys corporate website at www.elysgame.com.
Investors can also find Elys on Twitter: @ELYS_gaming.
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 “may”, “believe”, “anticipate”, “” have l ‘intention to’, ‘estimate’, ‘expect’, ‘may’, ‘continue’, ‘anticipate’, ‘potential’, ‘project’ and similar expressions which are intended to identify forward-looking statements and include statements regarding the addition of USBookmaking to strengthen Ocean Casino Resort’s land-based betting product, USBookmaking deepening its Ocean Casino Resort relationship over the next several years, the rapid adoption of the company’s advanced betting technology Elys Gameboard by United States and Canada over the next few months and plans to process sports betting offer requests through the Company’s state-of-the-art betting platform in the United States and Canada large and small casinos as well as independent business locations. 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 and which could cause results to be achieved. actuals differ materially from current expectations and assumptions from those stated or implied by forward-looking statements. Significant factors that could cause actual results to differ materially from current expectations include, among others, the Company’s ability to deepen its relationship with Ocean Casino Resort and strengthen its land betting product over the next few years, the Company’s ability to deploy its Elys Gameboard betting technology in United States and Canada over the next few months as planned, the Company’s ability to offer sports betting through its betting platform in the United States and Canada large and small casinos as well as independent places of business, the duration and extent of the COVID-19 epidemic around the world, including the impact on national and local economies, and risk factors described in the company’s annual report on Form 10-K for the year ended December 31, 2020 and its subsequent filings with the United States Securities and Exchange Commission, including subsequent periodic reports on Form 10-Q and current reports on Form 8-K. The information in this press release is provided only as of the date of this press release, and the Company assumes no obligation to publicly update or revise 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 unforeseen events, except as required by law.
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SOURCE Ocean Casino Resort