Sports betting technology provider receives certification for kiosks

Newgioco Group Inc., a sports betting and interactive gaming technology company, has received Gaming Labs' International certification to the GLI-20 standards for kiosks and GLI-33 event wagering systems standards for the self-service betting terminal installation of its Elys sports betting platform, according to a press release.

GLI is an independent testing laboratory delivering land-based, lottery and iGaming testing and assessment services to regulators, suppliers and operators in the gaming industry. The company's Elys technology was certified by GLI in accordance with the testing, inspection and compliance procedures of GLI-20, GLI-33 and the standards set out by the DC Lottery and Gaming Commission.

The kiosk installation system is designed to facilitate the transaction of land-based (retail) sports betting through kiosks in licensed betting venues such as OTB and sports bars throughout the U.S. where permitted.

«The U.S. market opportunity has grown significantly since the repeal of PASPA in May 2018 with about 21 states now allowing regulated sports betting either through online or land-based channels,» Mike Ciavarella, Newgioco Group Inc. CEO, said in the release. «We estimate that the addressable market for our Elys technology can significantly outsize that of our foundational market in Italy over the next few years.»

Source: Kiosk Marketplace