Newgioco Opens Bets at Esports Events in Italy | Instant News


Newgioco Group, Inc. (“Newgioco” or “Company”) (Nasdaq: NWGI), a global sports betting company and interactive game technology company that provides a fully integrated omni-channel sports betting software solution, is proud to announce the offer of esports betting through its online betting channel in Italy on Friday, April 3, 2020.

Clients of our online operators through Multigioco in Italy can now bet on the results of the League of Legends, DOTA, Starcraft esports competitions, and the esports versions of NBA Basketball, Formula One and MotoGP. Betting on esports is intended to fill in the blanks caused by suspension of live sports and limited special sporting events, and is now available on all online channels, including PCs, tablets and mobile.

“We are truly committed to keeping our full team working during the global pandemic and with the challenges currently facing our normal markets. The first outcome of our whole team approach is the launch of esports on online channels in Italy within one week after approval from the regulator ., “said the Chairman and CEO of the Company, Michele Ciavarella. “The rapid esports market offering quickly reflects the talent and efficiency of our design team and the flexibility of our Elys platform. The focus now is to accelerate the development of our unique US sports betting platform in preparation for the market reopening as the crisis subsides.”

www.newgioco.it as well as in neighborhood retail betting shops throughout Italy. “data-reactid =” 23 “> Newgioco Group, Inc., is a global recreational game technology company, with fully licensed online and terrestrial gaming operations and an innovative betting technology platform that provides betting processing for casinos and other game operators. The company conducts its business with Newgioco’s registered trademark is primarily through an internet-based betting distribution network on its website, www.newgioco.it as well as in neighborhood retail betting shops throughout Italy.

www.newgiocogroup.com. “data-reactid =” 24 “> Newgioco offers clients a range of recreational game products and services, such as sports betting, virtual sports, online casinos, poker, bingo, games and interactive slots. Newgioco also owns and operates an innovative betting platform software provides B2B and B2C betting processing for casinos, sports betting, and other online and terrestrial game operators. Additional information is available on our company website at www.newgiocogroup.com.

Investors can also find us on Facebook® and follow us on Twitter @NWGI_gaming.

This press release contains certain forward-looking statements in the sense of safe harbor provisions in the Private Securities Litigation Reform Act of 1995. These statements were identified using the words “can,” “believe,” “anticipate,” “mean,” “estimate,” “expect,” “may,” “continue,” “estimate,” “project”, and similar expressions intended to identify forward-looking statements and include statements about betting on filling the gap gap left by the suspension of live broadcast sports and the availability of limited sporting events, our commitment to keep our full team working during the global pandemic, and accelerating the development of our US sports betting platform in preparation for reopening the market once the crisis subsides. These forward-looking statements are based on management’s expectations and assumptions at the date of this press release and are subject to a number of risks and uncertainties, many of which are difficult to predict which can cause actual results to differ materially from current expectations and assumptions from those set or implied by statements forward-looking. Important factors that could cause actual results to differ materially from current expectations include our ability to fill gaps left by suspended live broadcasts and limited special sporting events with esports offerings, our ability to keep our full team working during the global pandemic and accelerate the development of our US sports betting platform in preparation for market reopening as the crisis subsides, and the risk factors described in the Newgioco Annual Report on Form 10-K for the year ending December 31, 2018 and our subsequent submission with the US Securities and Exchange Commission , including subsequent periodic reports on Forms 10-Q and 8-K. Information in this release is provided only on this release date, and we are not obliged to openly update or revise forward-looking statements, whether as a result of new information, future events or vice versa, after the date on which the statement was made or to reflect the occurrence unanticipated events, except as required by law.

View the source version at businesswire.com: https://www.businesswire.com/news/home/20200407005091/en/“data-reactid =” 28 “>View the source version at businesswire.com: https://www.businesswire.com/news/home/20200407005091/en/

investor@newgiocogroup.com“data-reactid =” 30 “> Newgioco Group, Inc.
Michele Ciavarella, Chief Executive
investor@newgiocogroup.com