The Ohio Casino Control Commission is looking to wrap up the granting of conditional approvals as it released another batch of sports betting license applications. The Commission just granted conditional approval to Elys Game Technology, a well-known provider of sports betting and lottery solutions.
With this approval, Elys Game Technology is one step closer to offering its products and services to local establishments in the Ohio betting market starting next year.
OCCC Approves Elys Game Technology
Elys Game Technology has been developing innovative new gaming solutions for more than two decades and this conditional approval from the Ohio Casino Control Commission marks another major milestone for the company.
As part of their conditional approval, the company must meet several stringent requirements set forth by the commission. These include adherence to strict security and auditing protocols, compliance with responsible gaming standards, and maintenance of adequate financial standing.
Elys commenced programming of its technology platform to ensure compliance with the betting specifications of the Ohio Lottery, in anticipation of the approval by OCCC. Elys has also moved to purchase 100 point-of-sale (POS) terminals and 100 self-service betting terminals to power sportsbooks at host locations throughout the state.
The acquisition of these terminals represents a significant investment by Elys in the Ohio market and is a clear indication of our commitment to providing our partners with the best possible technology solutions.
Elys also secure a partnership with Wright Bet last month which expanded the number of sportsbook host locations in Ohio to over 100 ahead of next year’s official launch for wagering on sporting events. With this new addition comes more opportunities and reliability as small businesses look towards their future needs; all while continuing what is already considered one-of-a-kind service by providing a “proven best-end solution” at any licensed location around town.
Elys is committed to providing the best possible product for its partners and Ohio bettors. The company expects that it will be able to launch a land-based sportsbook service across all host locations alongside Ohio’s official opening of sports gambling.
In her previous statement, Elys Game Technology Executive Chairman Michele Ciavarella points out that Ohio bars and restaurants are an ideal location for their solution as sports betting greatly complements food and beverages.