Elys Game Technology, a prominent sports betting supplier, continues to solidify its presence in the US market with the approval of a Certified Business Enterprise Joint Venture (CBEJV). The partnership with District Hospitality allows Elys to operate the BetDupont sportsbook, leveraging its white-label sportsbook solution at the upscale Ozio Lounge in the Dupont Circle area of Washington DC. This approval marks the fourth use of Elys’ restaurant sportsbook solution, following successful launches at various venues in the nation’s capital. Additionally, Elys has exciting plans to enter Maryland’s retail sportsbook market through a partnership with Rod ‘N’ Reel, further expanding its reach in the US gaming landscape.
BetDupont CBEJV: Elevating the Ozio Lounge Experience
Elys Game Technology’s BetDupont CBEJV venture is set to transform the Ozio Lounge into a premier destination for sports betting enthusiasts. Upon securing the required regulatory approval, the BetDupont sportsbook will be operational within the bar, offering an array of sports betting options to patrons. As part of the agreement, the partnership is entitled to an initial term of three years from the date of license issuance, with the possibility of two extensions of two years each. This forward-looking approach ensures a stable and long-term collaboration between Elys and District Hospitality.
Elys’ Restaurant Sportsbook Success Story:
The BetDupont CBEJV represents Elys Game Technology’s latest milestone in its small business strategy. Elys’ innovative white-label sportsbook solution has already gained traction at the Grand Central Restaurant and Sportsbook in the Adams Morgan area of Washington DC. The success of this venture further validated the viability of operating sportsbooks as an ancillary product for restaurants, bars, and other small businesses in a fully compliant manner.
Expanding the US Presence:
Elys Game Technology’s expansion in the US market doesn’t stop with the BetDupont CBEJV. In April, the company announced a CBEJV with AllBets, and in June, it revealed plans for a sportsbook location at the Entitlement Restaurant and Lounge in Washington, DC, both awaiting regulatory approval. The increasing pace of approvals attests to Elys’ growing momentum in the US gaming industry.
The Maryland Venture with Rod ‘N’ Reel:
Taking the sportsbook prowess to Maryland, Elys has joined forces with the renowned waterfront hotel and commercial bingo hall, Rod ‘N’ Reel. The partnership marks Elys’ foray into Maryland’s retail sportsbook market. Elys will provide its sportsbook platform for the new retail sportsbook, enhancing the entertainment offerings at the venue that already boasts over 275 pull tab machines and live bingo. Pending final license approval, Rod ‘N’ Reel is set to become a prominent player in Maryland’s sports betting landscape.
Elys Game Technology’s recent achievements highlight the company’s dedication to becoming a dominant player in the US sports betting market. With the BetDupont CBEJV poised to revolutionize sports betting at the Ozio Lounge and the strategic partnership with Rod ‘N’ Reel opening doors in Maryland, Elys continues to demonstrate its commitment to offering innovative sportsbook solutions. As the demand for sports betting grows nationwide, Elys Game Technology’s expansion plans signal exciting times ahead, not just for the company, but also for sports enthusiasts and the hospitality industry alike. The stage is set for Elys to replicate its success in new markets, including the eagerly anticipated expansion into the state of Ohio.