Elys Expands Sportsbook Operation In Washington DC

• Elys Game Technology Corp (NASDAQ:ELYS) has agreed with Petworth Wagering, LLC to operate a sportsbook at Entitlement Restaurant and Cigar Lounge in Washington D.C.
• The company's wholly-owned subsidiary USBookmaking is expected to provide sports wagering and bookmaking services to manage the sportsbook risk.
• If successfully licensed, Entitlement will become Elys' fifth restaurant and bar in Washington, D.C.
• The agreement has an initial term of three years from the date of issuance of the license with two possible extensions of 2 years each.
• Price Action: ELYS shares are trading lower by 1.90% at $1.03 on the last check Thursday.