TORONTO & NEW YORK–(BUSINESS WIRE)–Elys Sport Expertise, Corp. (“Elys” or the “Firm”) (Nasdaq:ELYS) (NEO:ELYS), an interactive gaming and sports activities betting know-how firm, introduced at this time that it has commenced buying and selling on the NEO Trade below the image “ELYS.”
Already listed on the NASDAQ Capital Market since December 27, 2019, and likewise buying and selling below the image “ELYS,” at this time’s launch marks the primary dual-listing of a publicly traded know-how firm from the NASDAQ Capital Market to the NEO Trade.
With a market capitalization of roughly $109.6 million, Elys reported third-quarter monetary outcomes, ended September 30, 2020, displaying a 43.6% year-over-year income leap on the again of regular progress in its web-based gaming turnover. The corporate additionally surpassed its aim of reaching 100,000 on-line gaming accounts earlier than the shut of 2020, indicating robust efficiency of their on-line and cellular channels.
“Our itemizing on the NEO Trade is a vital milestone on many ranges for Elys, significantly as we construct on our preliminary go-to-market technique within the quickly rising U.S. market and develop our foothold within the Canadian market,” stated Elys’ Chairman and CEO, Michele Ciavarella. “Just lately proposed laws in Canada would legalize single-event sports activities wagering, and is predicted to extend the CDN$80 billion wagered on sports activities annually in Canada. We consider we’re extraordinarily properly positioned to capitalize on this rising market and consider this itemizing will present us higher publicity amongst Canadian traders as we work to execute on our technique all through North America.”
The NEO Trade is dwelling to over 100 company and ETF listings, and constantly facilitates greater than 13 p.c of all Canadian capital markets buying and selling quantity. Click here for a whole view of all NEO-listed securities.
Buyers in Canada can commerce shares of NEO:ELYS via their standard funding channels, together with low cost brokerage platforms and full-service sellers.
About Elys Sport Expertise, Corp.
Elys Sport Expertise, Corp. is a B2B international gaming know-how firm working in a number of nations worldwide, with B2C on-line and land-based gaming operations in Italy. In Italy, Elys gives purchasers a full suite of leisure gaming services, equivalent to sports activities betting, e-sports, digital sports activities, on-line on line casino, poker, bingo, interactive video games, and slots. The Firm’s revolutionary wagering resolution companies on-line operators, casinos, retail betting institutions, and franchise distribution networks.
The Firm has accomplished the product regulatory necessities to start B2B operations in the USA. Extra info is on the market on our company web site at www.elysgame.com.
About NEO Trade
The NEO Trade is a progressive inventory trade that brings collectively traders and capital raisers inside a good, environment friendly, and service-oriented atmosphere. Totally operational since June 2015, the NEO Trade places traders first and gives entry to buying and selling all Canadian-listed securities on a stage taking part in area. The NEO Trade lists senior firms and funding merchandise looking for a inventory trade that allows investor belief, high quality liquidity, and broad consciousness together with unfettered entry to market knowledge.
This press launch accommodates sure forward-looking statements inside the that means of the protected harbor provisions of the Personal Securities Litigation Reform Act of 1995. These statements are recognized by means of the phrases “may,” “consider,” “anticipate,” “intend,” “estimate,” “anticipate,” “could,” “proceed,” “predict,” “potential,” “challenge” and related expressions which might be meant to establish forward-looking statements and embrace statements concerning the impact of just lately proposed laws in Canada to legalize single-event sports activities wagering, the Firm being extraordinarily properly positioned to capitalize on this rising market and the NEO Trade itemizing offering the Firm with higher publicity amongst Canadian traders. These forward-looking statements are primarily based on administration’s expectations and assumptions as of the date of this press launch and are topic to various dangers and uncertainties, a lot of that are tough to foretell that would trigger precise outcomes to vary materially from present expectations and assumptions from these set forth or implied by any forward-looking statements. Essential components that would trigger precise outcomes to vary materially from present expectations embrace, amongst others, the flexibility of the just lately proposed laws in Canada to legalize single-event sports activities wagering to turn into legislation, the Firm’s potential to execute its technique to capitalize on this rising market, the NEO Trade itemizing offering the Firm with higher publicity amongst Canadian traders, the period and scope of the COVID-19 outbreak worldwide, together with the affect to the state and native economies, and the danger components described within the Firm’s Annual Report on Type 10-Okay for the 12 months ended December 31, 2019, and its subsequent filings with the U.S. Securities and Trade Fee, together with subsequent periodic stories on Type 10-Q and present stories on Type 8-Okay. The data on this launch is offered solely as of the date of this launch, and the Firm undertakes no obligation to replace or revise publicly any forward-looking statements, whether or not on account of new info, future occasions or in any other case, after the date on which the statements are made or to replicate the prevalence of unanticipated occasions, besides as required by legislation.
The NEO Trade has neither permitted nor disapproved the contents of this information launch and doesn’t settle for accountability for the adequacy or accuracy of contained herein.