Elys Game Technology Introduces Online And Mobile Sports Betting Brand For The U.S. Market (www.SportBet.com)
Portfolio Pulse from Benzinga Newsdesk
Elys Game Technology has introduced its new U.S.-focused online and mobile sportsbook brand, www.SportBet.com. The platform will offer U.S.-based customers a unique way to engage with and bet on their favorite sports. The company plans to expand its online sports betting footprint into multiple U.S. jurisdictions in Q4 2023, subject to regulatory approvals. The global sports betting market size is estimated to exceed $180 billion by 2030, and the U.S. mobile market has grown extensively since 2018.
October 12, 2023 | 12:45 pm
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Elys Game Technology's introduction of its new U.S.-focused online and mobile sportsbook brand could potentially increase its market share in the growing U.S. sports betting market.
The launch of the new sportsbook brand is a strategic move by Elys to tap into the growing U.S. sports betting market. If successful, this could lead to increased revenues and potentially a positive impact on the company's stock price.
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