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OCEAN CASINO RESORT ANNOUNCES CONSTRUCTION OF NEW SPORTS EXPERIENCE

Atlantic City, NJ (January 19, 2022)Ocean Casino Resort will begin construction in March of a new venue that will blend an entertaining bar, lounge, and gaming experience with sports wagering. Following last year’s $15 million casino floor redesign, today’s announcement confirms Ocean’s position as the East Coast’s premier gaming destination. The $4 million concept is scheduled to make its debut this summer with trading management services provided in partnership with USBookmaking, a subsidiary of Elys Game Technology, Corp, pending regulatory approval from New Jersey’s gaming regulators. “As Ocean continues to strengthen its position within Atlantic City, we are steadfastly dedicated to property growth and development,” said Bill Callahan, Interim Chief Executive Officer for Ocean Casino Resort. “We are excited by the new venue’s central location and the ability to advance our product with an innovative experience for our guests to enjoy. Partnering with USBookmaking allows us to capitalize on their expertise to bolster our land-based wagering product.” More information, including timeline, concept, and design details, will be announced later this year. Ocean previously announced a resort reinvestment of more than $75 million over this year, featuring the highly anticipated addition of more than 460 guest rooms and suites. This comes on the heels of Ocean’s 2021 property improvements. # # # ABOUT OCEAN CASINO RESORT: Spanning over 20 beachfront acres on the world-famous Atlantic City Boardwalk, Ocean Casino Resort, named “Best Casino” by Philadelphia Magazine’s “Best of Philly 2021” awards, features 1,399 guest rooms and suites; 135,000 square feet of gaming entertainment; 1,720 slot machines; 108 gaming tables; 160,000 square feet of meeting and convention space; 90,000 square feet of unique outdoor space; 4 upscale dining restaurants; 11 casual dining options; a 40,000 square foot spa; 6 signature day and nightlife experiences; and a 4,500-seat concert venue. Ocean is home to the world’s largest Topgolf Swing Suite and offers both land-based sports wagering and online gaming within the state of New Jersey through its real-money gaming sites. Ocean Casino Resort is owned and operated by AC Beachfront, L.L.C. For more information about Ocean, please visit theoceanac.com or follow Ocean on on Facebook, Twitter and Instagram. ABOUT ELYS GAME TECHNOLOGY, CORP.: Elys Game Technology, Corp., is a B2B global gaming technology company operating in multiple countries worldwide, with B2C online and land-based gaming operations in Italy. In Italy, Elys offers its clients a full suite of leisure gaming products and services, such as sports betting, e-sports, virtual sports, online casino, poker, bingo, interactive games and slots. The Company’s innovative wagering solution services online operators, casinos, retail betting establishments and franchise distribution networks. Additional information is available on Elys’ corporate website at www.elysgame.com. Investors may also find Elys 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 “could,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “may,” “continue,” “predict,” “potential,” “project” and similar expressions that are intended to identify forward-looking statements and include statements regarding the addition of USBookmaking bolstering Ocean Casino Resort’s land-based wagering product, USBookmaking deepening its relationship Ocean Casino Resort over the next several years, the rapid adoption of the Company’s advanced Elys Gameboard betting technology in the United States and Canada over the coming months and plans to process applications to offer sports wagering through the Company’s leading-edge betting platform in the U.S. and Canada to large and small casinos as well as independent business venues. 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 that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, the Company’s ability to deepen its relationship Ocean Casino Resort and bolster its land-based wagering product over the next several years, the Company’s ability to roll-out its Elys Gameboard betting technology in the United States and Canada over the coming months as planned, the Company’s ability to offer sports wagering through its betting platform in the U.S. and Canada to large and small casinos as well as independent business venues, the duration and scope of the COVID-19 outbreak worldwide, including the impact to state and local economies, and the 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 U.S. Securities and Exchange Commission, including subsequent periodic reports on Form 10-Q and current reports on Form 8-K. The information in this release is provided only as of the date of this release, and the Company undertakes no obligation to update or revise publicly 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 unanticipated events, except as required by law. MEDIA CONTACTS: Liza Costandino Director of Public Relations & Social Media [email protected] Brian Brennan Public Relations Manager [email protected]

Published: January 2022
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