Elys Game Technology Corporation News - ELYS

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Elys BMG Group Announces Approval for The Ugly Mug Sportsbook in Washington, DC.

NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- Elys BMG Group, Inc. (“Elys” or the “Company”) (OTC: ELYS), an...

Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405

Form 8-K - Current report

Elys BMG Group Announces New Installation at The Ugly Mug Sportsbook in Washington, DC.

NEW YORK, March 28, 2024 (GLOBE NEWSWIRE) -- Elys BMG Group, Inc. (“Elys” or the “Company”) (OTC: ELYS), an...

Elys BMG Group Announces Grand Opening Event For Grand Central’s H Street Sportsbook in Washington, DC.

NEW YORK, March 20, 2024 (GLOBE NEWSWIRE) -- Elys BMG Group, Inc. (“Elys” or the “Company”) (OTC: ELYS), an...

Elys BMG Group Announces Approval For Grand Central’s H Street Sportsbook in Washington, DC.

NEW YORK, March 07, 2024 (GLOBE NEWSWIRE) -- Elys BMG Group, Inc. (“Elys” or the “Company”) (OTC: ELYS), an...

Form 8-K - Current report

Form 25-NSE - Notification filed by national security exchange to report the removal from listing and registration of matured, redeemed or retired securities

Elys Game Technology Reports Third Quarter 2023 Business and Financial Results

NEW YORK, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Elys Game Technology, Corp. (“Elys” or the “Company”) (OTC:ELYS...

Form 8-K - Current report

Elys Game Technology Provides Call Coordinates for 2023 Annual Meeting of Stockholders

NEW YORK, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Elys Game Technology, Corp. (“Elys” or the “Company”) (OTC:ELYS...

Elys Game Technology Secures Multiyear Market Access Agreement with Caesars Entertainment Commencing in Colorado

NEW YORK, NY, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Elys Game Technology, Corp. (“Elys” or the “Company”...

Form DEF 14A - Other definitive proxy statements

Elys Game Technology Announces Decision of Nasdaq Hearings Panel To Delist Common Shares

NEW YORK, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Elys Game Technology, Corp. (“Elys” or the “Company”) (Nasdaq:...

Form PRE 14A - Other preliminary proxy statements

grantastic 5 months ago

Another $3m lost in Q3 alone... that's $1m per month in operating losses.
7 million shares diluted in the past year. Yikes.

Regardless of the "cycle", ELYS definitely turned out to be a "bust"

Possibilities? Or done deals?

If we still get the Lottomatica/Yahoo deal and the 5D in the name signifies a deal with 5Dimes this company will grow exponentially as will the share price. Bookmaking can be boom or bust. We may be on the precipice of a boom cycle.

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grantastic 5 months ago

Only 'shallow analysis' was needed to correctly conclude this was a doomed investment.

Buying into a software company that tells you up-front "We cannot make profits until we've been operating for 7 years" is ridiculously foolish.

Sometimes the "complex analysis" is just a way to trick yourself into throwing away money on a transparently bad idea.

Not exactly a deep analysis by looking at 2 qtrs over a 15month period and therefore concluding it sucks.

Elys has always said they are in investment phase which was a 3-5yr plan starting from the repeal of PASPA. We are just coming to the conclusion of that 5 year period, so would not expect to see any profits until year 6 or 7.

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grantastic 5 months ago

Do we need to wait the full 6 months for you to admit I got this stock correct?

Or are you willing to admit that the market has proven me right sooner than that?

I wonder

If you will be as eager to admit how wrong you were about this stock in 6 months as you are to talk about how hopeless it is? I doubt it.

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Renee 6 months ago

Major ouch. Shareholders are so expendable.

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lucky, mydog 6 months ago

now .14.

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Renee 6 months ago

ELYS delisted from the Nasdaq to the OTC. Stock dropped 48% from .51 to .26 on the announcement.

https://otce.finra.org/otce/dailyList?viewType=Additions

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Birdiejf 6 months ago

Reverse split coming. 1-10 In proxy from Friday

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rodgranite 8 months ago

Kind of pedestrian

There is growth to be certain but certinly nothing that is overwhelming. We need something like the Yahoo/Lottomatica deal to be finalized to give us that boost we need.

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bme 8 months ago

Sorry, 10Q is already out.

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bme 8 months ago

Double or nothing is what gaining for, like ELYS. Expect ER tomorrow.

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rodgranite 8 months ago

Possibilities? Or done deals?

If we still get the Lottomatica/Yahoo deal and the 5D in the name signifies a deal with 5Dimes this company will grow exponentially as will the share price. Bookmaking can be boom or bust. We may be on the precipice of a boom cycle.

👍️0

rodgranite 9 months ago

I suppose

That depends on whether or not you care about the near term share price. We will not lose the NASDAQ listing and a R/S is highly unlikely due to the already low O/S and the fact that somebody just agreed to buy shares. Beyond that, time will tell and patience will be rewarded.

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bme 9 months ago

How did the recent 8k impact the near future SP?

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rodgranite 9 months ago

The funny thing is

That these board gurus tend to answer to statements that weren't made. I never said ELYS would be profitable by years end. What I said was things will look much different. If you follow this company you already know this. If we stay in development for years with no growth of course the company will falter. I don't believe that will happen.

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Adhes 9 months ago

Not exactly a deep analysis by looking at 2 qtrs over a 15month period and therefore concluding it sucks.

Elys has always said they are in investment phase which was a 3-5yr plan starting from the repeal of PASPA. We are just coming to the conclusion of that 5 year period, so would not expect to see any profits until year 6 or 7.

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grantastic 9 months ago

Just checked, and over the past 2 years:

2021 Q1 revenue: $14.1m
2023 Q1 revenue: $12.4m

2021 Q1 operating loss: $650k
2023 Q1 operating loss: $2231k

This company is going in the wrong direction. No wonder VCs won't touch it. They want either growth and/or profits, and ELYS has neither.

I wonder

If you will be as eager to admit how wrong you were about this stock in 6 months as you are to talk about how hopeless it is? I doubt it.

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grantastic 9 months ago

No need to wonder, if you look at my history on this board.

2 years of history has so far proven my concerns about the business prospects as valid. Will ELYS suddenly pick the next 6 months to magically become a success whereas before it was a failure? I'd be shocked but it's not impossible.

If ELYS turns their operating loss into an operating profit before 2023 year end, please ping me and I'll publicly admit my skepticism was wrong.

I wonder

If you will be as eager to admit how wrong you were about this stock in 6 months as you are to talk about how hopeless it is? I doubt it.

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rodgranite 9 months ago

I wonder

If you will be as eager to admit how wrong you were about this stock in 6 months as you are to talk about how hopeless it is? I doubt it.

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grantastic 10 months ago

Still makes me laugh to think about someone comparing ELYS to MSFT

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grantastic 10 months ago

Looks like time has answered my question: ELYS was always destined to be a failure, VCs knew this, so the owners milked naive penny stock gamblers instead.

Nice pop for a brief time, and then only pain for people holding ELYS shares.

That doesn't answer: why go public instead of using venture capital or issuing private equity for M&A

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MisterInvestorGuy 12 months ago

Something is def cookin'

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bme 12 months ago

Have we touched the moon? What a wonderful day!

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MisterInvestorGuy 1 year ago

If they were to close both of those acquisitions this year, that would be incredible! And let's see how their web and mobile app debut in North America goes.

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rodgranite 1 year ago

Yep

And the company expects the deal to be done in Q3. The Illinois sports bars deal may happen soon since they just got their certifications for the system in the U.S. I think the Lottomatica deal will open it up for us once it is in play.

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MisterInvestorGuy 1 year ago

Research analysts at HC Wainwright issued their Q1 2023 earnings estimates

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MisterInvestorGuy 1 year ago

Yes, let's hope the Lottomatica deal lands soon. Their IPO is supposed to drop at the end of April

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rodgranite 1 year ago

To me

We are treading water until the Lottomatica deal and the Illinois sports bars producing. It isn't bad but certainly not earth shattering.

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MisterInvestorGuy 1 year ago

What's everyone thoughts on the 10-K?

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MisterInvestorGuy 1 year ago

New press release!

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MisterInvestorGuy 1 year ago

Let's keep our fingers crossed!

https://gamingamerica.com/news/4456/elys-game-technology-inks-with-lottomatica

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John_Vallay 1 year ago

Why would ELYS go up

They filed a preliminary with the SEC that states they raised $1 million at a price lower than the current market price. This means management doesn't even believe ELYS stock is worth more.

Michele C is a convicted crook that had his hands in an illegal stock scam a few years ago. even if he is flying straight now, the mere presence of him running ELYS is reason enough for fund managers to never invest in the company. There are 10 thousand other companies in the U.S. that funds can invest in, why would they take a chance on a convicted CEO.

While I do admit the sector is strong and growing, their balance sheet is weak. $30 million of there 42 million is goodwilla nd rights of use assets which really have no value unless someone were to acquire ELYS.

From an operational standpoint they lost $3 million for the 3-months ended Sept and over $8 million for 9-months ended Sept.

Bottom line numbers are much worse since they lost $11 million for 9-months ended Sept

Their cash position is bad, as is evident with this most recent $1 million capital raise, but the more concerning part is that they may run out of money in late 2023 unless they raise more capital.

Will the capital be at a discount to market as they just did, or will it be some toxic financing like a convertible note.

They have negative cash flow so each and every business day they open the doors knowing they are going to lose money for that day.

They are not in the business of magically turning things around like generating enough cash to sustain themselves or turning a profit which would make them an attractive investment, so I ask you why would anyone stay the course and then be happy

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rodgranite 1 year ago

This stock

Is actually further along than it was at $6. With a stock like this if you have done the research and made an informed purchase you should not ecpect this to be an overnight double, until it is. This has always been an investment not a quick hitter. Stay the course and you will be happy ypu did.

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Can'tSparTheGhost 1 year ago

https://ih.advfn.com/stock-market/NASDAQ/elys-game-technology-ELYS/stock-news/90271215/statement-of-changes-in-beneficial-ownership-4?xref=newsalert

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Adhes 1 year ago

Yahoo/Lottomatica is synonymous.....same deal

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rodgranite 1 year ago

Look how much it jumps

Just on the mention of a potential, future venue. Just wait until >100 venues are announced in Ohio. NY is in play. There are rumors of a Yahoo partnership and also the Lottomatica deal, which is huge. The future looks great!

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Timing101 1 year ago

$ELYS Stop and think here, ELYS is huge in the EU and now HAS ALREADY come to the US , with big locations see below! Follow them, plus take note one that is really taking on "Shorting" see below. Note US HQ right in Las Vegas.
https://finance.yahoo.com/news/elys-game-technology-partners-t-120000181.html
https://elysgame.com
=====
Quote Tweet
Elys Game Technology
@ELYS_Gaming
·
1h
If anyone wants to have some fun. This is where short sellers are situated. twitter.com/tiffinyfawcett…

$ELYS, Besides the acquisition, they pulled the S-1 filing (HUGE) , and today announced their hiring a firm to take on the Naked Shorting (8-K). Leading the way here folks , plus US Market Share increasing https://finance.yahoo.com/news/elys-acquires-software-engineering-development-130000971.html
-
https://marketscreener.com/quote/stock/ELYS-GAME-TECHNOLOGY-COR-34091117/news/ELYS-GAME-TECHNOLOGY-CORP-Other-Events-form-8-K-42910036/

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Adhes 1 year ago

No, they issued a convert instead.

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Grandvic 1 year ago

Wonder if they pulled the offering because it was at a much lower price ? They see their stock price rising and might want to apply for another offering down the road at higher prices ? I’m only guessing guys because I don’t know the original offering price but it could make sense . Hope I’m wrong

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Can'tSparTheGhost 1 year ago

Looking forward to the
Electric
Light-
Year
Show!

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glenn1919 1 year ago

ELYS..................................https://stockcharts.com/h-sc/ui?s=ELYS&p=W&b=5&g=0&id=p86431144783

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fitzkarz 1 year ago

https://www.benzinga.com/secfilings/23/02/30714088/elys-game-technology-corp-formrw

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fitzkarz 1 year ago

https://ir.elysgame.com/sec-filings/all-sec-filings##document-1304-0001017386-23-000047-2

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harry crumb 1 year ago

Premarket monday will be interesting

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bme 1 year ago

About 4.6Mil trading so far AH

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bme 1 year ago

We will have our days.

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bme 1 year ago

We will have our days.

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fitzkarz 1 year ago

That was awesome$$$$$$

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Elys Game Technology Corporation (ELYS)

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ELYS News

Elys BMG Group Announces Approval for The Ugly Mug Sportsbook in Washington, DC.

Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405

Form 8-K - Current report

Elys BMG Group Announces New Installation at The Ugly Mug Sportsbook in Washington, DC.

Elys BMG Group Announces Grand Opening Event For Grand Central’s H Street Sportsbook in Washington, DC.

Elys BMG Group Announces Approval For Grand Central’s H Street Sportsbook in Washington, DC.

Form 8-K - Current report

Form 25-NSE - Notification filed by national security exchange to report the removal from listing and registration of matured, redeemed or retired securities

Elys Game Technology Reports Third Quarter 2023 Business and Financial Results

Form 8-K - Current report

Elys Game Technology Provides Call Coordinates for 2023 Annual Meeting of Stockholders

Elys Game Technology Secures Multiyear Market Access Agreement with Caesars Entertainment Commencing in Colorado

Form DEF 14A - Other definitive proxy statements

Elys Game Technology Announces Decision of Nasdaq Hearings Panel To Delist Common Shares

Form PRE 14A - Other preliminary proxy statements

ELYS Discussion

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Elys Game Technology Corporation (ELYS)

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ELYS News

Elys BMG Group Announces Approval for The Ugly Mug Sportsbook in Washington, DC.

Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405

Form 8-K - Current report

Elys BMG Group Announces New Installation at The Ugly Mug Sportsbook in Washington, DC.

Elys BMG Group Announces Grand Opening Event For Grand Central’s H Street Sportsbook in Washington, DC.

Elys BMG Group Announces Approval For Grand Central’s H Street Sportsbook in Washington, DC.

Form 8-K - Current report

Form 25-NSE - Notification filed by national security exchange to report the removal from listing and registration of matured, redeemed or retired securities

Elys Game Technology Reports Third Quarter 2023 Business and Financial Results

Form 8-K - Current report

Elys Game Technology Provides Call Coordinates for 2023 Annual Meeting of Stockholders

Elys Game Technology Secures Multiyear Market Access Agreement with Caesars Entertainment Commencing in Colorado

Form DEF 14A - Other definitive proxy statements

Elys Game Technology Announces Decision of Nasdaq Hearings Panel To Delist Common Shares

Form PRE 14A - Other preliminary proxy statements

ELYS Discussion

Your Recent History

Company

Business

Popular

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