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Elys Game Technology Comments upon Canadian Legislation to Legalize Single-Event Sports Wagering around Canada

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sports betting

The proposed changes would give provinces and areas the ability to offer single-event sport gambling items and the foresight to manage single-event sport bets within their respective jurisdictions. Around contrée and territories that elect to offer single-event sport bets, Canadians would include an possibility to activate in this activity in the regulated environment, either on the web or even in physical services.

“We commend Canada’s Ressortchef (umgangssprachlich) of Justice and Legal professional General for introducing this specific important legislation in support of single-event sports playing, ” stated Michele (Mike) Ciavarella, Chairman and even BOSS of Elys Activity Technologies, Corp. “ 메이저놀이터 think at this time there is strong bi-partisan help support for this bill together with, when passed, would have a good really positive effects for both Elys, given our strong authority inside the space, as well as the general business, which has been in a wrong way counting the COVID-19 outbreak. We all estimate that about CDN$80 Billion is gambled in sports each year canada. With our proven relationship establishment in Canada, sportsbook experience and cutting edge Elys betting technologies, we believe there is a new tremendous probability to expand each of our business over the zone. ”

Concerning Elys Game Technology, Corp.

Elys Game Technology, Corp., is a B2B world-wide game playing technological innovation company operating in numerous countries throughout the world, with B2C online and land-based game playing businesses in Italy. Within Croatia, Elys offers it has the customers a good full selection associated with leisure gaming products and services, like activities betting, e-sports, virtual sports entertainment, on the web casino, poker, stop, involved games and slot machines.

The Company’s innovative betting answer services online providers, gambling dens, retail betting shops and franchise distribution communities. The Company has finished the item regulatory requirements to start out B2B operations throughout the United States. Further information is available upon our company website from www.elysgame.com.

Investors may furthermore find all of us on Twitting @ELYS_gaming.

Forward-Looking Statements


This press release has specific forward-looking statements from the significance of the safe harbor provisions of the Individual Investments Litigation Reform Act associated with 1995. These claims are identified by simply the use of the phrases “could, ” “believe, ” “anticipate, ” “intend, ” “estimate, ” “expect, ” “may, ” “continue, ” “predict, ” “potential, ” “project” and related expressions which have been intended to distinguish forward-looking transactions and consist of statements concerning solid bi-partisan support for the proposed Canadian Federal Government legal guidelines to legalize single-event sports playing in Canada, typically the positive impact intended for each Elys, as well while the total industry, in the event that the bill is definitely approved, approximately CDN$80 Million getting wagered on sports entertainment every year in Canada in addition to the opportunity to grow the Company’s business all over the zone. These kinds of forward-looking statements are based in management’s expectations and presumptions since the date regarding this press release and usually are subject to a number of hazards and questions, many of which can be difficult to predict that could very well cause actual results for you to differ materially from present expectations plus assumptions through those established or meant by almost any forward-looking statements. Important factors which may trigger genuine results to fluctuate materially from current anticipation consist of, among others, often the Company’s ability to present single-event sport activity betting solutions and the discretion in order to handle single-event game bets to Canadians as considered by simply the legal guidelines, having solid bi-partisan assistance for you to pass the legislation, the particular guidelines, if passed, finding the positive impact for Elys not surprisingly; the betting associated with CDN$80 Billion sports every single year around Nova scotia since expected; the Company’s capability to expand its enterprise across the contrée as planned, the timeframe and opportunity of the COVID-19 outbreak worldwide, which include the impact to the point out and local economies, and the possibility factors referred to in the Company’s Gross annual Report on Form 10-K for the calendar year ended December 31, 2019 and it is subsequent filings with the U. S. Securities plus Trade Commission, including future periodic reports on Variety 10-Q and current reviews upon Form 8-K. Typically the information within this release is definitely offered only as associated with the date of the launch, and the Company performs no obligation to bring up to date or revise publicly virtually any forward-looking statements, whether because of new information, future activities or perhaps otherwise, after typically the date on which often the transactions are manufactured or to be able to reflect the event of unanticipated events, other than as required by law.
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on Dec 01, 20