Elys Game Technology Applies for Transactional Waiver in a Bid to Operate in New Jersey
By Space Coast Daily // February 15, 2022
The New Jersey Division of Gaming Enforcement has received Elys Game Technology’s US Gameboard application for running a sports betting platform, which is awaiting certification before going live.
The Italian-based interactive gambling and sports betting technology business has applied for a Transactional Waiver. This will allow Elys to commence operations in the state of New Jersey once it has been approved.The proposal was submitted by Elys’ subsidiary company, US Bookmaking, in collaboration with the Ocean Casino Resort in Atlantic City.
Presently operating in five US states, Elys specializes in gaming technology within the B2B market. It produces a variety of gaming products and services, including slots, virtual gambling, sports betting and esports. Once this Transactional Waiver is approved, this will be a stepping stone for operators who are looking to provide bettors an unforgettable gaming experience, especially those on the lookout for the latest no deposit casinos in the state of New Jersey.
The game provider recently established a joint effort with Lottomatica, an online gambling company based in Italy. Elys will design, create, and support a customized sportsbook platform for Lottomatica in North America under the terms of the agreement.
Statement from Elys Executive Chairman
Mike Ciavarella, the Chief Executive Chairman of Elys Game Technology, made a press statement announcing their application. He stated that the company was going full steam ahead with preparations for their launch in partnership with Ocean Casino Resort which is located in the main hub of Atlantic City. Ciavarella acknowledged that their application for a transactional waiver to operate in New Jersey is pivotal in realizing this short-term business objective.
He added that the company is keen on entering the New Jerey market since this is basically an extension of their vision of expansion into the conventional casino sector, development of the small business sportsbook market, and advancement of the mobile online gaming market which are all part of a multi-channel profit strategy at Elys Game Technology.
Most recently, Elys who has partnered with Grand Central Restaurant and Sportsbook in Washington D.C. was granted approval by the DC Office of Lottery and Gaming, Regulation and Oversight Division.
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In light of the application made by Elys and the expected approval of the same, there is reason for other operators looking to enter the NJ market to be hopeful as well.
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