• Elys Game Technology, Corp. will provide assistance to its partner in Washington, DC, Grand Central Restaurant and Sportsbook, in order to construct a second sportsbook site in the region.
• Although the two businesses have not disclosed any information regarding the potential site of this new initiative, they have expressed a high level of optimism regarding its prospects for success. 
• The regulator, the District of Columbia Department of Small and Local Business Developments, as well as the District of Columbia Office of Lottery and Gaming, have not yet given their stamp of approval to the new sportsbook.

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The Second Sportsbook Is Currently Being Developed

Michele Ciavarella, executive chairman of Elys Game Technology, was quoted as saying that the company’s Management Services Provider license with Grand Central was a watershed moment for the gambling industry in the United States. 

Ciavarella’s comments were made in accordance with what Elys Game Technology reported to be the case. The introduction of the initial partner resulted in a robust sports betting handle,

Providing Customers with a Greater Variety of Options from Which to Select

The CEO also expressed their gratitude for the current assistance from the relevant regulators and noted that the two businesses were now looking forward to making it possible to open a second site. 

Customers in Washington, DC should feel more empowered as a result of this new location, which should also give them the ability to select from a wider variety of available options.

It is also a sign that the industry of sports betting is continuing to improve and that there is no expectation of a repeat of the COVID-19 shutdowns, which will encourage others to explore commercial endeavors of their own. 

Even if betting on sports online has become increasingly popular in recent years, people are still very interested in betting on sports at land-based casinos and racetracks.