ATLANTIC CITY, NJ (November 11, 2021) – Ocean Casino Resort today announced a new partnership, scheduled to begin in March 2022, with interactive gaming and sports betting technology company, USBookmaking, a subsidiary of Elys Game Technology, Corp. Known as an innovative sports wagering enterprise, USBookmaking are planned to provide Ocean’s trading management services and future retail solution, pending regulatory approval from New Jersey’s gaming regulators.
“We are excited to partner with USBookmaking to capitalize on their expertise, offering a best-in-class experience,” said Bill Callahan, Interim Chief Executive Officer for 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 bolster our land-based wagering 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 players’ market and our collective 125+ years of sports wagering experience make for a formidable recipe for success,” said Vic Salerno, President of USBookmaking. “The Atlantic City market may be competitive, but with Ocean as our partner, USBookmaking is more than ready to take on the challenge.”
USBookmaking is a subsidiary of Elys Game Technology, Corp. Elys is currently operational in both online and retail channels throughout Italy via approximately 1,200 web-shops and is now live in North America with 6 tribal casino customers. Elys is planning to process applications to offer sports wagering through its leading-edge betting platform in the U.S. and Canada to large and small casinos as well as independent business venues. The commencement of betting transactions at Ocean is subject to US Bookmaking and Elys obtaining the required platform certification and Casino Service Industry Enterprise License from the New Jersey Division of Gaming Enforcement.
“We are delighted to partner with Ocean to offer a highly entertaining and competitive sports wagering product,” stated Michele Ciavarella, Executive Chairman of Elys Game Technology. “Our cutting-edge technology built in the competitive European market, coupled with the extensive experience of our USBookmaking team represents our capability of deploying our North American go-to-market strategy in a wide range of assignments including large premier casino resorts such as Ocean. We are just starting our global expansion plan and fully expect to see rapid adoption of our advanced Elys Gameboard betting technology in the United States and Canada in the coming months.”
Following this partnership announcement, details about a new entertainment experience at Ocean are planned to be unveiled next year. Ocean recently announced a resort reinvestment of more than $75 million over the next year, featuring the highly anticipated addition of more than 460 guest rooms and suites. This comes on the heels of Ocean’s 2021 property improvements, including a redesigned casino floor with new high limit experiences.