Benzinga | Feb 22, 2021 08:07AM EST

Elys Game Technology Extends Partnership With Sportradar; Elys To 'gain access to official pre-game and in-play data for major U.S. sports from Sportradar'

Elys Game Technology, Corp. ("Elys" or the "Company") (NASDAQ:ELYS)(NEO:ELYS), an interactive gaming and sports betting technology company, announced today that it extended its strategic partnership with Sportradar, the leading global provider of sports betting and sports entertainment products and services, ahead of the launch of its sports betting platform in the U.S.

Under the terms of the new agreement, Elys will gain access to official pre-game and in-play data for major U.S. sports from Sportradar. This new partnership affords Elys the ability to offer a wide array of live, in-game wagering options at its planned future U.S. retail sports betting locations, commencing in Washington DC, which is expected to launch in the coming months.

Matteo Monteverdi, CEO and President of Elys Game Technology, Corp., stated, "We are pleased to strengthen our partnership with Sportradar to include industry-leading U.S. sports data for live in-game wagers on our sports betting platforms. The new agreement further enhances our product portfolio for live streaming sporting events and should open up new opportunities in the sizable U.S. sports betting market ahead of our scheduled first U.S. deployment in Washington DC. According to Morgan Stanley, the U.S. sports betting market is expected to generate nearly $7 billion in revenue by 2025. We believe that Sportradar's cutting edge technology, superior data and analytics will enable us to execute our vision of building a premier, end-to-end sports betting solution for European and North American gaming operators."

Eduard Blonk, Chief Commercial Officer of Sportradar, stated, "We've been long-time partners with Elys, a trusted provider of innovative wagering solution services within the European market. This expansion of our partnership in the U.S. is a natural next step given Elys' growth trajectory. We look forward to working together and bringing a unique betting experience for Elys' loyal customers for the upcoming future sports seasons."