Elys Game Technology on Wednesday said it has received regulatory approval to expand its Grand Central Restaurant and Sportsbook in Washington DC.
The interactive gaming and sports betting technology company said the DC Office of Lottery and Gaming, Regulation and Oversight Division greenlit its request to increase the number of authorized ticket window terminals and self-service betting kiosks.
Officials said the expansion will allow for increased traffic to each terminal, which they said would improve customer experience and wager velocity.
The company recently announced what it characterized as “significant” progressive growth in betting handle at Grand Central, which is situated in the Adams Morgan district of Washington DC.
According to Elys, Grand Central is, the first Class B small business location of its kind in the US.
The company said in a statement the performance of Elys’ technology and trading services through US Bookmaking “reflects the potential economic advantage and employment opportunities that the model brings to small businesses establishments.”
“Our partnership with Grand Central has been mutually successful and we are confident that the onboarding rate for our small business deployment will increase significantly through 2022,” Michele Ciavarella, Executive Chairman of Elys Game Technology, said in a statement.
Ciavarella added Elys’ growth in the small business sector is one part of the company’s “three-pronged approach” to drive revenue and expand into the North American gaming market. He said this plan includes progress at the Ocean Casino Resort in Atlantic City and the ongoing development of the company’s US digital and mobile channel.
“With our fast moving US deployment, we have continued to prove our betting technology by performing well against recognized industry leaders, and with the strong belief that we will continue to have a better retention rate, we expect to gain a stronghold in the US marketplace,” Ciavarella said.
Elys Game Technology is a B2B global gaming technology company operating in multiple countries worldwide, with B2C online and land-based gaming operations in Italy. Elys offers its clients a suite of leisure gaming products and services, such as sports betting, esports, virtual sports, online casino, poker, bingo, interactive games and slots in Italy, and has operations through its wholly owned subsidiary under the US Bookmaking brand in 5 states in the US market.
