Fri. Mar 29th, 2024

Elys Game Technology has become the first ever public company to be dual-listed from the Nasdaq Capital Market to the exchange.

The Elys Game Technology has begun trading on the NEO Exchange in Canada.

As per Gambling Insider, outgoing Elys Chairman and CEO Michele Ciavarella said: “Our listing on the NEO Exchange is an important milestone on many levels for Elys, particularly as we build on our initial go-to-market strategy in the rapidly growing US market and develop our foothold in the Canadian market.”

It was added that: “Recently proposed legislation in Canada would legalise single-event sports wagering and is expected to increase the CDN$80bn (US$62.57bn) wagered on sports each year in Canada”, reported Gambling Insider.