Elys, Cloakbook DC Score License To Open Sportsbook In Washington, D.C.

Elys Game Technology Corp ELYS and the Cloakbook LLC secure a License to commence sportsbook operations in Washington D.C.
Cloakbook, a joint venture established by the Cloakroom DC and Elys, provides sports wagering products and services to patrons and walk-in customers within the business establishment of the Cloakroom Gentlemen’s Club D.C. and the Over Under Sportsbook Rooftop Lounge situated at 476 K St NW, in Washington, D.C.
The Standard Class B Joint Venture Sports Wagering Operator License was granted by the District of Columbia’s Office of Lottery and Gaming.
A soft launch is expected ahead of the busy New Year’s Eve sports weekend with first wagers planned at the Cloakroom and Over Under on December 29, 2022.
“Elys firmly believes that this segment of retail sports betting within neighborhood establishments could become a key driver for local employment and economic recovery at the community level throughout the United States and Canada,” said Michele Ciavarella, Executive Chairman of Elys.
Price Action: ELYS shares are trading higher by 126.23% at $0.3950 on the last check Tuesday.