Elys Game Technology Secures Multiyear Market Access Agreement With Caesars Entertainment Commencing In Colorado
Portfolio Pulse from Benzinga Newsdesk
Elys Game Technology has announced a market access agreement with Caesars Entertainment, marking its first entry into the North American mobile sports betting market. The agreement allows Elys to launch its online sportsbook operations in Colorado, subject to regulatory approvals. The company plans to expand its market position by offering its new '5D by Elys' mobile app to sports bettors across multiple states through future market access partnerships.
November 07, 2023 | 1:40 pm
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POSITIVE IMPACT
Caesars Entertainment's agreement with Elys Game Technology could potentially increase its customer base and revenue by offering a new sports betting platform.
The agreement with Elys Game Technology allows Caesars Entertainment to offer a new sports betting platform. This could attract more customers and increase its revenue.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Elys Game Technology's agreement with Caesars Entertainment marks its entry into the North American mobile sports betting market. This could potentially increase its revenue and market share.
The agreement with Caesars Entertainment allows Elys to launch its online sportsbook operations in Colorado, a lucrative market. This, along with the planned expansion to other states, could significantly increase Elys' revenue and market share.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100