{"id":271,"date":"2024-06-27T23:58:22","date_gmt":"2024-06-27T20:58:22","guid":{"rendered":"https:\/\/tashirodc.com\/2024\/06\/27\/elys-gaming-acquires-american-betting-services-for-12-million\/"},"modified":"2024-06-27T23:58:22","modified_gmt":"2024-06-27T20:58:22","slug":"elys-gaming-acquires-american-betting-services-for-12-million","status":"publish","type":"post","link":"https:\/\/tashirodc.com\/2024\/06\/27\/elys-gaming-acquires-american-betting-services-for-12-million\/","title":{"rendered":"Elys Gaming Acquires American Betting Services for $12 Million"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/GpvL-c5Pp7o\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Elys Gaming Technology has acquired American Betting Services (USB), a sports wagering firm situated in Nevada.<\/p>\n<p>The initial payment for USB, which was split equally between cash and Elys stock, amounted to $12 million. Elys now possesses USB. The total value of the agreement could reach $41.8 million if USB achieves certain objectives.<\/p>\n<p>USB will become a part of Elys but will maintain its own identity and operate autonomously.<\/p>\n<p>Elys stated that the agreement grants them a presence in four states: New Mexico, Colorado, Michigan, and North Dakota. They also have a presence in Washington, D.C., and Iowa.<\/p>\n<p>Elys declared that this transaction is a significant stride in their strategy to expand into the US and Canadian sports betting markets. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elys Gaming Technology has acquired American Betting Services (USB), a sports wagering firm situated in Nevada. The initial payment for USB, which was split equally between cash and Elys stock, amounted to $12 million. Elys now possesses USB. The total value of the agreement could reach $41.8 million if USB achieves certain objectives. USB will [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Elys Gaming Acquires American Betting Services<\/title>\n<meta name=\"description\" content=\"Elys Gaming expands its reach with the acquisition of USB, a Nevada-based sports wagering firm. 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