The Handle 19 Platform
Newgioco is the new kid on the block of sports betting technology providers, and they are keen to get a foothold in the Washington DC market. They are planning on achieving this through a partnership with Handle 19, a sports bar chain. Handle 19 is the creation of the entrepreneur Shane August and the Shane August Corporation. Together with Newgioco, this US-based sports betting company is positive about gaining a fair market share.
The deal between these two newcomers to the scene specifies that Newgioco will supply the ELYS platform to Handle 19, which will power both their online and land-based sports betting facilities in DC. Handle 19 will be able to apply for a Class B sports betting license as soon as that the Lottery in DC starts to accept license applications.
ELYS Platform
According to Handle 19’s August, they have been doing extensive research and analysis of a variety of betting platform providers, and they are convinced that their selected choice as a future partner, Newgioco, was excellent. Their decision was based mainly on the ELYS platform being developed in a completely regulated market. It also holds the capability to power both land-based as well as online operations. This diversity of the platform has given them a comprehensive tool to serve the market at its best. Also, they have access to the expertise which Newgioco brings to the table, and thus the two companies will be working closely with the DC regulators to build sports betting market in Washington which will be brilliant still for many years to come.
His Brilliant Background
Newgioco gained their knowledge and expertise from the very strictly regulated market in Italy. According to the Newgioco Chief Executive, Michele Ciavarella, this experience made them a beneficial partner to work with when the pioneering work is being done on the sports betting market in Washington. They are also focused on creating long-term and strong relationships within the United States sports betting market. They are willing to work with both tribal as well as non-tribal operators, like Handle 19. They are also available to cater for both the loyalty-based free to –play market which is found in non-licensed establishments as well as those taking wagers in real money.
The Progress in Washington DC
Somewhat earlier on in the year, the mayor of DC signed the sports betting bill which were proposed, into law. This bill stated that punters would be able to place bets online using an application that would be run by the DC Lottery. These will be available at many selected licensed bars and sporting venues. The app created controversy in its own right when the state opted out on the usual bidding process required and handed the creation of the application to Intralot. This controversy resulted in a court case which is slowing down the entire process.