Elys gaming technology continues – GuruFocus.com

Promoted Carlo Reali to Interim CFO and Senior Accounting Director

Former CFO Mark Korb to take on the role of Director of Corporate Affairs

NEW YORK, NY / ACCESSWIRE / Jan.6, 2022 / Elys Game Technology, Corp. (“Elys” or the “Company”) (NASDAQ: ELYS) (BER: 3UW), an interactive gaming and sports betting technology company, today announced the appointment of Carlo Reali as Interim CFO and Senior Accounting Director effective January 5, 2022, and the addition of Tory Key and Steven Maldonado to US operations.

“Carlo has been a very valuable member of the team for many years and has demonstrated strong leadership within our finance department,” said Michele Ciavarella, Executive Chairman of Elys Game Technology, Corp. experience in corporate finance and strategy in the leisure betting industry as we continue to implement our long term vision in both Europe and North America. “

Mr. Reali joined the Company in January 2017 as Chief Financial Officer at Multigioco Srl, a wholly owned subsidiary, and on October 15, 2020, was appointed and served as Group Financial Controller of the Company based in the office. administration of the Company in Frascati, Italy. Prior to joining the Company, Mr. Reali was Chairman and Chief Financial Officer of SISSrl from January 2001 until its acquisition in July 2015 by SNAI SpA, a leader in the games market in Italy. Mr. Reali remained at SNAI as Executive CFO until August 2016. Mr. Reali holds a science degree from Instituto S. Maria in Rome, Italy, and a degree in economics and commerce from the University of La Sapienza in Rome, Italy.

Former CFO Mark Korb will assume the role of Chief Corporate Affairs, reporting directly to the Executive Chairman of the Board and will be responsible, among other things, for various corporate initiatives and activities related to growth and capital strategies.

Tory Key joins Elys as Business Development Project Manager in the United States, spearheading business development by providing contacts with potential partners and overseeing sports betting launches. Mr. Key started his career in the gaming industry with a gaming intelligence platform provider and has recruited operators, regulators, payment companies and others as subscribers to their platform. -form. He also studied the regulatory landscape of the US sports betting industry, while monitoring partnerships and data in applicable jurisdictions in order to provide relevant information to potential clients.

Steven Maldonado joins Elys as Head of Product Compliance in the United States and leads engagements with the DC Office of Lottery and Gaming and the New Jersey Division of Gaming Enforcement. Mr. Maldonado spent over 10 years with Gaming Laboratories (“GLI”) Level I and II Compliance Engineer trained in over 400 jurisdictions around the world and was subsequently promoted to Development Representative to complete NIGA training Masters responsible for development and training for Level I, II and Master. Prior to GLI, he spent 3 years with the Forest County Potawatomi Gaming Commission as Head and Head of Information Technology and Risk, and 2 years with William Hill as Head of Technical Compliance in Las Vegas where his duties included obtaining certification reports for the William Hill major platform. in new and existing markets, as well as the maintenance and development of change management processes, internal control systems and relevant documentation relating to the William Hill CBS and Liberty platforms.

Mr. Ciavarella continued, “I would like to thank Mark for his extraordinary contribution during a period of explosive growth for Elys, as CFO since June 2018. Mark has a proven track record of building key relationships and leading companies. companies through high stakes projects and watch I look forward to working with him in his new role as Corporate Business Leader. As we aim to further distinguish our products and maintain our technological lead in the US market, I am also delighted that Tory Key and Steven Maldonado further strengthen our leadership in the United States by joining Matteo Monteverdi and our book manufacturing team in the States. -United. Tory and Steven are both highly accomplished experts in their roles and have been instrumental in launching Elys operations in the United States and in integrating our strong and growing portfolio of American clients. “

About Elys Game Technology, Corp.

Elys Game Technology, Corp., is a global B2B game technology company operating in multiple countries around the world, with B2C online and land-based gaming operations in Italy. Elys offers its customers a full range of leisure gaming products and services, such as sports betting, electronic sports, virtual sports, online casino, poker, bingo, interactive games and slots in Italy and operates through its wholly-owned subsidiary in the United States. Bookmaking brand in 5 states of the American market.

The Company’s innovative betting solution, services to online operators, casinos, retail betting establishments and franchise distribution networks. Additional information is available on our corporate website at www.elysgame.com.

Investors can also find us on Twitter @ELYS_gaming.

Forward-looking statements

This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words “may”, “believe”, “anticipate”, “” have l ‘intention to’, ‘estimate’, ‘expect’, ‘may’, ‘continue’, ‘anticipate’, ‘potential’, ‘project’ and similar expressions which are intended to identify forward-looking statements and include statements in leveraging corporate finance and strategy experience in the entertainment betting industry, further distinguishing our products and maintaining our technological lead in the US market, and integrating our strong and growing pipeline of US customers. These forward-looking statements are based on management’s expectations and assumptions as of the date of this press release and are subject to a number of risks and uncertainties, many of which are difficult to predict and which could cause results to be achieved. actuals differ materially from current expectations and assumptions from those stated or implied by forward-looking statements. Significant factors that could cause actual results to differ materially from current expectations include, among others, the Company’s ability to leverage Mr. Reali’s experience in financing and corporate strategy in the entertainment betting sector, as expected, distinguishing our products and maintaining our technological lead in the US market as expected and integrating our strong and growing portfolio of US customers as expected, the duration and extent of the outbreak of COVID-19 around the world, including the impact on national and local economies, and risk factors described in the company’s annual report on Form 10-K for the year ended December 31, 2020 and its subsequent filings with the United States Securities and Exchange Commission, including subsequent periodic reports on Form 10-Q and current reports on Form 8-K. The information in this press release is provided only as of the date of this press release, and the Company assumes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unforeseen events, except as required by law.

Elys Game Technology, Corp.
Michele Ciavarella, Executive Chairman
Phone. : 1-628-258-5148
E-mail: [email protected]

Investor contact:
KCSA strategic communication
Valter Pinto or Jack Perkins
Phone. : 1-212-896-1254
E-mail: [email protected]

THE SOURCE: Elys Game Technology Corp.

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