Officials approve Elys' to operate Ocean Casino New Jersey sportsbook
March 2, 2022
The Regulatory Enforcement Bureau has signed its approval for Ocean Casino Resort and Bookmakers Company US, LLC's joint petition.
The approval will be valid for six months from the New Jersey Division of Gaming Enforcement's order submission date, which was applied on February 25, 2022.
Elys Game Technology Corp is a B2B gaming technology company that serves multiple countries around the world. In addition to the B2B, they also have direct-to-consumer services or B2C online products with their office based in Italy.
Elys offers their audience a complete package of various gaming products and services of sports betting, e-sports, virtual sports, online casino, poker, bingo, interactive games, and slots in Italy. The company also operates in five different states spread around the United States for the US market with New Jersey as their latest addition.
Meanwhile, bookmakers Company US, LLC or the USBookmaking is a fully-owned company of Elys Game Technology Corp, the interactive gaming and sports betting technology company.
The partnership
Elys aims to lead the global gaming industry by providing a total end-to-end solution of an integrated stack of cloud applications, platforms, and systems, These advanced technology comes along with its professional team in the sports betting and iGaming business.
Its partnership with the Ocean casino and resort is one of its efforts to move towards its goals.
In addition to the joint petition, Elys Game Technology Corp also submitted the proposal to continue and register their new product submissions. After the approval, Elys held sports betting transactions on Tuesday, March 1, 2022, in the temporary lounge of Ocean casino.
Ocean Casino Resort is a resort, hotel, and casino in Atlantic City, New Jersey, United States. It is the northernmost casino on the Atlantic City Boardwalk, located on 20 acres of land. In November 2021, Ocean Casino Resort announced its partnership with USBookmaking, which will begin in March 2022.
After receiving the green light from the NJDGE to begin this partnership, John Salerno, the Director of Operations of USBookmaking, expressed his delight.
"We are delighted to begin our commercial partnership today with Ocean and their professional leadership and operational teams, and we also look forward to bringing new and unique sports betting products and services to New Jersey players."
Michele Ciavarella, the Executive Chairman of Elys Game Technology, further expressed her pride in Elys engineering and deployment staff at Odissea and USBookmaking in simultaneously managing to improve its quality and deliver its new sportsbook platform at the Ocean casino, according to the rigid regulations of the NJDGE Technical Service Bureau. She also explained their upcoming plans in continuing their cooperation with the NJDGE.
"We plan to continue to work closely with the NJDGE in expanding our operational footprint and product diversification and believe that the soft launch today at Ocean is a key inflection point for our expansion in North America and a key component of our growth strategy within other casinos and partnerships with small businesses, as well as further development of the Company's mobile platforms in 2022," she revealed.
