New Jersey Sports Betting: Elys’ USB now operates at Ocean Casino

New Jersey Sports Betting: Elys’ USB now operates at Ocean Casino

The New Jersey Division of Gaming Enforcement has issued Elys Game Technology’s USBookmaking subsidiary a six-month license to operate a sportsbook at Ocean Casino Resort.

Approval of USBookmaking and Ocean Casino sportsbooks

Elys Game Technology, the parent business of USBookmaking, stated that it has been approved by the New Jersey Division of Gaming Enforcement to run retail sportsbook operations at the Ocean Casino Resort in Atlantic City. The company’s petition–filed jointly with Ocean Casino Resort–has been accepted for six months, subject to the technology used to operate the sportsbook being approved. 

The sportsbook does not appear to have a name other than ‘Sports Betting at Ocean,’ however, there are doubts that this will be their ultimate incarnation. The bookmaking operation will be temporarily relocated while a permanent building is being constructed. In a Tweet made earlier today, Elys announced that the first wager has been placed.

The new facility would ‘combine a great bar, club, and gaming experience with sports betting.’ In a news release issued on January 19, 2022, Ocean announced the facility’s construction: Ocean Casino Resort will break ground on a new facility in March, combining an engaging bar, lounge, and gaming experience with sports betting. Following a $15 million makeover of the casino floor last year, today’s news solidifies Ocean’s status as the East Coast’s leading gaming destination. The $4 million concepts is slated to launch this summer, with trading management services offered in cooperation with USBookmaking, a subsidiary of Elys Game Technology, Corp, subject to regulatory approval by New Jersey’s gaming regulators.

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Partnerships’ Press Release Statements 

USBookmaking’s Director of Operations, John Salerno, had the following to say about the new collaboration with Ocean Casino: He stated that Atlantic City is one of the country’s premier sports betting and resort destinations, and Ocean is one of the area’s most prestigious properties.” They are thrilled to begin their commercial relationship with Ocean and its professional leadership and operational teams today, and they look forward to offering new and distinctive sports betting products and services to New Jersey players.

Michele Ciavarella, Executive Chairman of Elys Game Technology, expressed the following sentiment: “We are extremely proud of our engineering and deployment teams at Odissea and USBookmaking for developing and delivering the new sportsbook platform at Ocean on time and in compliance with the NJDGE Technical Service Bureau’s stringent standards.” They also intend to work closely with the NJDGE in expanding their operational footprint and diversifying their product offerings and believe that the soft launch at Ocean today is a critical inflection point for their expansion in North America and a critical component of their growth strategy within other casinos and partnerships with small businesses, as well as continued development of the Company’s mobile platforms in 2022.

The partnership between Elys Game Technology and US Bookmaking

Elys Game Technology announced the completion of the partnership of US Bookmaking in September 2021. Elys highlighted in the press release announcing the deal’s completion that US Bookmaking was a critical component of their strategy to achieve market share in the US sports betting ecosystem. According to the press statement, US Bookmaking’s operations would continue as usual. In December, they started to take over the Ocean Casino Resort’s sportsbook. Previously, William Hill managed the sportsbook, but with Caesars Entertainment’s acquisition, they appear to be distancing themselves from third-party management. As is the case with several sportsbooks previously operated by William Hill in the United States, all references to the company were removed from the Ocean Casino Resort website well before USBookmaking’s involvement was announced.

About US Bookmaking 

US Bookmaking was created by famed Las Vegas bookmaker Vic Salerno and quickly established a niche in the retail sports betting market by supplying services to a number of tribal gaming properties. US Bookmaking’s clients include New Mexico’s Santa Ana Star Casino Hotel, Isleta Resort & Casino, Santa Claran Hotel Casino, and Michigan’s Odawa Casino Resort, Colorado’s Sky Ute Casino Resort, and North Dakota’s 4 Bears Casino & Lodge. Additionally, they power the mobile betting platform for Sky Ute Casino in Colorado. It’s encouraging to see them in the Atlantic City market. Salerno is a living legend in the Las Vegas bookmaking world, and the industry benefits from his presence.

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About Lou De Aguila

Lou Ramon Aguila is a contributor for Golden Casino News. He has a degree in BSBA Legal Management with great interest in high-profile legal cases involving sports personalities. An ultimate sports junkie, he covers just about everything in the sporting world with an emphasis on the NBA, NFL, and MLB. In his past time, Lou loves to read manga, watch anime and critique pro-wrestling matches.