Elys to work with NYSRA on sports betting policies

The MoU aims to promote sports betting opportunities for restaurants.
The MoU aims to promote sports betting opportunities for restaurants.

The operator and the association will work to promote sports betting opportunities for restaurants.

US.- The gambling operator Elys Game Technology and the New York State Restaurant Association (NYSRA) have announced a Memorandum of Understanding that aims to promote and facilitate opportunities for food and beverage establishments to participate in the sports betting industry.

Michele Ciavarella, Elys’ executive chairman, said: “We are delighted to work with the NYSRA to advance a strong, coordinated effort that could effectively permit restaurant industry operators to offer sports betting in a vibrant and exciting environment, where friends and family often gather to watch and enjoy a wide range of sports events.”

Melissa Fleischut, president & CEO of the NYS Restaurant Association added: “The New York State Restaurant Association is excited to be working with Elys Game Technology to bring sports betting to the restaurant industry here in New York.

“Our bars and restaurants have been devastated over the last 18 months and are in desperate need of additional revenue streams. Elys Game Technology is experienced in bringing premier sports betting to bars and restaurants all around the world and has shown how beneficial this can be to the bottom line of many.”

Elys has obtained the first Class B and Management Service Provider licenses in Washington D.C. The Company expects to open at Grand Central in early October 2021. That will be the first restaurant to be licensed to offer sports betting in North America and a showcase for the US sports betting market in the future.

The Class B licence allows full-service sports betting with no restrictions on maximum bets.

See also: Elys joins National Council on Problem Gambling

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