Highlights In July, the company added bookmaking capabilities by acquiring a U.S. based sportsbook service for an initial $12M ($6M in cash and $6M in shares), plus $42M based on milestones. The target’s revenue/profitability...
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Highlights 2020 revenue was $37M, up 5% YoY, and beat our estimate by 2%. Net losses were $9.4M...
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Since our preliminary note on September 25, 2020, Elys’s share price is up 100%. ELYS is currently focused on entering the U.S. market, and uplisted its shares to the NASDAQ in December 2019.
Read MoreDid you miss the Newgioco webinar? Want to know more about one of the most advanced sports betting platform techs to launch in the U.S. market.? Newgioco Group’s (NASDAQ: NWGI) Chairman and CEO, Mike Ciavarella, discussed how...
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We will be resuming coverage on NWGI shortly. Since our previous report in September 2019, the company has made significant progress on a number of fronts. In December 2019, its shares were uplisted from the OTC to NASDAQ, while completing a 8:1 share consolidation.
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