Elys BMG Group, Inc.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Michele Ciavarella
- Full Time Employees
- 87
- Sector
- Consumer Cyclical
- Industry
- Gambling, Resorts & Casinos
- Address
- 130 Adelaide Street West Toronto ON Canada M5H 2K4
- IPO Date
- Jul 12, 2004
- CIK
- 0001080319
- Website
- elysgame.com
- Similar Companies
- Business
- Elys BMG Group, Inc. (ELYS) provides business-to-consumer gaming services and betting platform software solutions to leisure betting establishments in the United States and Europe. Founded in 1998 and headquartered in Toronto, Ontario, Canada, with key operations in Las Vegas, Nevada, the company offers a comprehensive suite of leisure gaming products and services, including sports betting; online casino games such as slots and table games; poker; bingo; skilled and interactive games; e-sports; virtual sports betting; and horse racing, delivered through web-based platforms like newgioco.it, commercial webskins, mobile devices, and physical land-based retail locations. It operates in B2B and B2C segments, serving casino operators, retail betting establishments, online operators, and franchise networks across multiple countries, with a focus on regulated markets in Europe, North America, and select U.S. states including operations in five states and the District of Columbia. In January 2024, the company changed its name from Elys Game Technology, Corp. to Elys BMG Group, Inc.; earlier that year, it launched a new sportsbook at The Ugly Mug in Washington, DC, marking its fourth privately owned sportsbook in the district pending regulatory approval. Recent strategic moves include the 2023 acquisition of Engage IT Services to bolster in-house engineering capabilities; the divestment of its B2C Italian brand Newgioco via the sale of parent Multigioco Srl; entry into the U.S. B2C market through the SportsBet.com brand following a market access deal with Caesars for launch in Colorado; and ongoing expansions such as partnerships for sportsbooks like at Santa Claran Casino Resort.
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