Elys Game Technology, Corp. (Elys): Business Model Canvas [Jan-2025 Mis à jour]

Dans le monde dynamique des jeux numériques et des paris sportifs, Elys Game Technology, Corp. (Elys) apparaît comme une force transformatrice, mélangeant l'innovation technologique de pointe avec le positionnement stratégique du marché. Cette toile complète du modèle commercial révèle une approche sophistiquée du jeu en ligne, montrant comment l'entreprise exploite des logiciels propriétaires, des capacités multi-juridictionnelles et des plateformes numériques avancées pour redéfinir l'écosystème de jeu. Des partenariats stratégiques à divers sources de revenus, Elys Game Technology démontre une compréhension nuancée du paysage de jeu numérique complexe et en évolution rapide, offrant aux investisseurs et aux amateurs de jeux un aperçu intrigant de l'avenir du divertissement interactif.

Elys Game Technology, Corp. (ELYS) - Modèle commercial: partenariats clés

Partenariats stratégiques avec les plateformes de jeux en ligne

Elys Game Technology a établi des partenariats avec plusieurs plateformes de jeux en ligne, notamment:

Plate-forme	Détails du partenariat	Portée du marché
Newgioco	Plateforme de jeu en ligne propriétaire	Marché italien
Pari mondial	Intégration de paris sportifs virtuels	Plusieurs marchés internationaux

Collaboration avec les opérateurs de paris sportifs

Les partenariats clés de l'opérateur de paris sportifs comprennent:

• Bet.Works (marché américain)
• Groupe de jeux NYX
• Scientific Games Corporation

Fournisseurs de technologies pour l'infrastructure de jeu

Partenariats sur les infrastructures technologiques:

Fournisseur de technologie	Technologie spécifique	Mise en œuvre
Microsoft Azure	Infrastructure de cloud computing	Hébergement du système backend
Services Web Amazon	Services cloud	Gestion et sécurité des données

Pays de paiement et partenaires de service financier

Écosystème de partenariat financier:

• Paypal
• Bande
• Visa
• MasterCard

Entités de conformité réglementaire et de licence

Partenariats et licences réglementaires:

Juridiction	Corps réglementaire	Type de licence
Italie	Adm (Agenzia dogane e monopoli)	Licence de jeu en ligne
États-Unis	Commissions d'État de jeu	Licences de paris spécifiques à l'État

Elys Game Technology, Corp. (Elys) - Modèle d'entreprise: Activités clés

Développement de logiciels de jeu et de paris sportifs en ligne

Elys Game Technology se concentre sur la création de plateformes logicielles propriétaires pour les jeux de hasard en ligne et les paris sportifs. Au quatrième trimestre 2023, la société a investi 2,3 millions de dollars dans la recherche et le développement logiciels.

Métriques de développement de logiciels	2023 données
Investissement en R&D	2,3 millions de dollars
Taille de l'équipe de développement de logiciels	42 ingénieurs
Cycles de mise à jour logicielle annuelle	3-4 mises à jour

Gestion des plateformes de jeux numériques

La société gère plusieurs plateformes de jeu numériques dans différentes juridictions.

• Plates-formes de jeu actives: 5 plates-formes primaires
• Couverture géographique: États-Unis, Italie, Canada
• Utilisateurs actifs quotidiens: environ 75 000

Stratégies d'acquisition et de rétention des clients

Elys Game Technology utilise des techniques de marketing et de rétention ciblées.

Métriques des clients	Performance de 2023
Nouveau coût d'acquisition de clients	87 $ par utilisateur
Taux de rétention de la clientèle	62%
Dépenses de marketing	1,7 million de dollars par an

Innovation technologique et maintenance des plateformes

Les mises à niveau technologiques continues sont essentielles pour le positionnement concurrentiel de l'entreprise.

• Budget d'innovation technologique annuel: 3,1 millions de dollars
• Investissement en cybersécurité: 750 000 $ par an
• Time de disponibilité de la plate-forme: 99,7%

Surveillance de la conformité réglementaire

Adhésion stricte aux exigences réglementaires dans différentes juridictions.

Métriques de conformité	2023 données
Taille de l'équipe de conformité	18 professionnels
Juridictions réglementaires couvertes	7 marchés différents
Dépenses de surveillance de la conformité	1,2 million de dollars par an

Elys Game Technology, Corp. (ELYS) - Modèle commercial: Ressources clés

Technologie et logiciels de jeu propriétaires

Elys Game Technology possède une plate-forme logicielle complète des paris sportifs et des igaming couvrant plusieurs juridictions. Au quatrième trimestre 2023, la technologie propriétaire de la société prend en charge:

• Multipliers verticaux de paris, y compris les sports, le casino et les sports virtuels
• Algorithmes de calcul des cotes en temps réel
• Systèmes de gestion des risques avancés

Composant technologique	Spécification
Version de la plate-forme logicielle	3.7
Régions de déploiement technologique	États-Unis, Italie, Canada
Investissement annuel de R&D	2,1 millions de dollars (2023)

Infrastructure de plate-forme numérique

La société maintient une infrastructure numérique robuste avec:

• Architecture de serveur basée sur le cloud
• Garantie de disponibilité à 99,9%
• Capacités de conformité multi-juridictionnelles

Équipe de développement technique

Composition de l'équipe	Nombre
Personnel technique total	47
Ingénieurs logiciels	28
Data scientifiques	9
Spécialistes DevOps	10

Licences de jeu et approbations réglementaires

Elys Game Technology détient des certifications réglementaires critiques:

• Licence de jeu italien
• Certification de jeu en ligne du New Jersey
• Approbations des jeux provinciaux canadiens

Capital financier pour l'expansion et l'innovation

Métrique financière	Montant
Cash and Cash équivalents (T4 2023)	3,2 millions de dollars
Actif total	22,6 millions de dollars
Budget d'innovation annuel	1,5 million de dollars

Elys Game Technology, Corp. (ELYS) - Modèle d'entreprise: propositions de valeur

Solutions complètes de jeux et de paris sportifs en ligne

Elys Game Technology fournit des solutions de jeu multicanal avec la plate-forme suivante:

Type de plate-forme	Couverture	Pénétration du marché
Paris sportifs en ligne	Amérique du Nord, Italie	3 juridictions réglementées
Sports virtuels	Marchés internationaux	5 régions de jeu actives

Plateformes de jeu technologique avancées

Détails des infrastructures technologiques:

• Technologie de calcul des cotes de paris en temps réel
• Algorithmes de gestion des risques propriétaires
• Infrastructure de jeu basée sur le cloud

Capacités de jeu multi-juridictionnelles

Conformité réglementaire et présence sur le marché:

Juridiction	Statut de licence	Opérationnel depuis
New Jersey	Entièrement sous licence	2022
Italie	Opérateur établi	2014

Expériences de paris conviviales et sécurisées

Métriques de la sécurité et de l'expérience utilisateur:

• Sécurité des transactions à 99,8%
• Protocoles d'authentification multi-facteurs
• Normes de chiffrement SSL

Diverses options de jeu et de paris

Répartition du portefeuille de jeux:

Catégorie de paris	Nombre de marchés	Offres actives quotidiennes
Paris sportifs	30+ sports	10 000+ événements quotidiens
Sports virtuels	15 sports virtuels	Simulations continues

Elys Game Technology, Corp. (ELYS) - Modèle d'entreprise: relations clients

Canaux de support client numérique

Depuis le quatrième trimestre 2023, Elys Game Technology fournit un support client via plusieurs plates-formes numériques:

Canal de support	Disponibilité	Temps de réponse
Chat en direct	24/7	Moins de 5 minutes
Assistance par e-mail	24/7	Dans les 24 heures
Prise en charge de l'application mobile	24/7	Messagerie instantanée

Expérience utilisateur personnalisée

Elys Game Technology implémente les stratégies de personnalisation avec les mesures suivantes:

• Précision de suivi des données des utilisateurs: 92,5%
• Taux de conversion de recommandation personnalisée: 18,3%
• Préférences de jeu personnalisées: 85% de précision

Programmes de fidélité et de récompenses

Mesures de rétention de la clientèle pour 2023:

Métrique du programme	Valeur
Membres du programme de fidélité totale	143,672
Points moyens gagnés par utilisateur	1 247 points
Taux de rétention du programme de fidélité	67.4%

Interaction en temps réel via les plateformes mobiles

Statistiques d'engagement de la plate-forme mobile:

• Count de téléchargement d'application mobile: 276 543
• Utilisateurs mobiles actifs quotidiens: 84,211
• Durée moyenne de la session: 37 minutes

Engagement technologique continu

Métriques d'interaction technologique:

Paramètre d'engagement	2023 données
Fréquence de mise à jour de la plate-forme	Trimestriel
Taux d'amélioration des fonctionnalités	3-4 nouvelles fonctionnalités par mise à jour
Intégration des commentaires des utilisateurs	87% des améliorations suggérées mises en œuvre

Elys Game Technology, Corp. (Elys) - Modèle d'entreprise: canaux

Plateformes Web en ligne

Elys Game Technology exploite plusieurs plateformes Web en ligne avec les caractéristiques suivantes:

Type de plate-forme	Utilisateurs actifs	Trafic mensuel
Plateforme de paris sportifs	87 500 utilisateurs enregistrés	1,2 million de visites mensuelles
plate-forme igaming	62 300 utilisateurs enregistrés	850 000 visites mensuelles

Applications mobiles

Les canaux de distribution d'applications mobiles comprennent:

• Disponibilité de l'App Store iOS
• Déploiement de Google Play Store
• Options de téléchargement APK direct

Plate-forme mobile	Téléchargements d'applications	Utilisateurs actifs mensuels
plate-forme iOS	45 200 téléchargements	32 500 MAU
Plate-forme Android	53 700 téléchargements	41 300 MAU

Marketing des médias sociaux

Rédictions de médias sociaux Mesures d'engagement:

Plate-forme	Abonnés	Taux d'engagement
Facebook	18 700 abonnés	3.2%
Gazouillement	12 500 abonnés	2.7%
Liendin	8 900 abonnés	1.9%

Réseaux de marketing d'affiliation

Données de performance marketing d'affiliation:

Type de réseau	Affiliés actifs	Revenus générés
Affiliés de paris sportifs	215 partenaires	1,4 million de dollars trimestriel
Igaming Affiliates	167 partenaires	980 000 $ trimestriellement

Campagnes de marketing numérique direct

Performance de la campagne de marketing numérique:

Type de campagne	Taux de conversion	Coût d'acquisition des clients
E-mail marketing	4.3%	22 $ ​​par client acquis
Annonces en ligne ciblées	3.7%	28 $ par client acquis

Elys Game Technology, Corp. (ELYS) - Modèle d'entreprise: segments de clientèle

Antariens de paris sportifs en ligne

Déchange démographique pour les clients de paris sportifs en ligne:

Tranche d'âge	Pourcentage	Taille de pari moyenne
21-34 ans	42%	$75
35 à 49 ans	33%	$125
50-64 ans	25%	$50

Players de jeu de casino numérique

Caractéristiques clés du joueur:

• Players de casino numérique actif mensuel: 125 000
• Dépenses mensuelles moyennes par joueur: 185 $
• Catégories de jeux primaires:
  • Slots: 45%
  • Poker: 25%
  • Blackjack: 20%
  • Roulette: 10%

Marchés de jeu internationaux

Marché	Pénétration du marché	Revenus annuels
Italie	65%	18,3 millions de dollars
Amérique du Nord	22%	7,6 millions de dollars
Autres marchés européens	13%	4,2 millions de dollars

Joueurs avertis de la technologie

Statistiques d'utilisation des plateformes:

• Utilisateurs de la plate-forme mobile: 78%
• Utilisateurs de la plate-forme de bureau: 22%
• Durée moyenne de la session: 47 minutes
• Taux d'engagement multiplateforme: 65%

Démographie de jeu légal adapté à l'âge

Groupe d'âge	Participation légale du jeu	Conformité réglementaire
21-25 ans	32%	Vérification stricte d'identification
26-35 ans	45%	Authentification multi-facteurs
36-50 ans	23%	Options d'auto-exclusion

Elys Game Technology, Corp. (Elys) - Modèle d'entreprise: Structure des coûts

Développement et maintenance technologiques

Selon les rapports financiers en 2023 d'Elys Game Technology, les coûts de développement de la technologie étaient de 4,2 millions de dollars pour l'exercice. Les dépenses annuelles de génie logiciel et de maintenance ont totalisé environ 3,7 millions de dollars.

Catégorie de coûts	Dépenses annuelles
Génie logiciel	3,7 millions de dollars
Développement technologique	4,2 millions de dollars

Dépenses de licence de logiciel

Les coûts des licences logicielles pour la technologie de jeu Elys en 2023 étaient de 1,5 million de dollars, couvrant les plateformes de jeu tierces et les intégrations technologiques.

Coûts de marketing et d'acquisition des clients

Les dépenses de marketing pour la société en 2023 ont atteint 2,8 millions de dollars, les coûts d'acquisition des clients atteignant une moyenne de 125 $ par nouvel utilisateur.

• Budget marketing total: 2,8 millions de dollars
• Coût d'acquisition du client: 125 $ par utilisateur
• Attribution du marketing numérique: 65% du budget marketing

Investissements de conformité réglementaire

Les dépenses de conformité réglementaire pour la technologie de jeu Elys en 2023 étaient de 1,9 million de dollars, couvrant les consultations juridiques, les frais de licence et l'infrastructure de conformité.

Catégorie de dépenses de conformité	Coût annuel
Consultations juridiques	$650,000
Frais de licence	$850,000
Infrastructure de conformité	$400,000

Coûts opérationnels de l'infrastructure et de la plateforme

Les dépenses opérationnelles de la plate-forme pour la technologie de jeu Elys en 2023 ont totalisé 3,3 millions de dollars, y compris la maintenance des serveurs, l'hébergement cloud et l'infrastructure réseau.

• Maintenance du serveur: 1,2 million de dollars
• Hébergement cloud: 1,5 million de dollars
• Infrastructure réseau: 600 000 $

Elys Game Technology, Corp. (ELYS) - Modèle d'entreprise: Strots de revenus

Commission des paris sportifs

Pour l'exercice 2023, Elys Game Technology a rapporté des revenus de la Commission des paris sportifs de 14,3 millions de dollars, représentant une composante clé de leur stratégie de génération de revenus.

Marché	Revenus de la Commission des paris sportifs	Année
Amérique du Nord	8,7 millions de dollars	2023
Marchés internationaux	5,6 millions de dollars	2023

Revenus de jeu de casino en ligne

Les revenus de jeu de casino en ligne pour la technologie du jeu Elys ont atteint 6,2 millions de dollars en 2023, avec un portefeuille de jeux numériques croissant.

• Types de jeux de casino: machines à sous, jeux de table, concessionnaire en direct
• Revenu moyen par utilisateur (ARPU): 42,50 $
• Total des utilisateurs de casino en ligne actifs: 145 000

Frais de transaction de plate-forme

Les frais de transaction de plate-forme ont généré 3,9 millions de dollars de revenus pour la société en 2023.

Type de transaction	Pourcentage de frais	Revenus totaux
Transactions de paris sportifs	4.5%	2,3 millions de dollars
Transactions de jeu de casino	5.2%	1,6 million de dollars

Licence de logiciel de jeu numérique

Les revenus de licence de logiciels de jeu numérique ont totalisé 4,5 millions de dollars en 2023.

• Nombre de plates-formes agréées: 12
• Frais de licence moyenne: 375 000 $ par plateforme
• Marchés de licence: États-Unis, Canada, Italie

Revenus d'expansion du marché international

Les revenus d'expansion du marché international ont atteint 5,7 millions de dollars en 2023.

Région	Revenu	Taux de croissance
Europe	3,2 millions de dollars	18.5%
l'Amérique latine	1,5 million de dollars	22.3%
Asie-Pacifique	1,0 million de dollars	15.7%

Elys Game Technology, Corp. (ELYS) - Canvas Business Model: Value Propositions

You're looking at the core reasons why operators and bettors choose Elys Game Technology, Corp. (ELYS) over the competition. It's not just about the software; it's about the specific, measurable advantages they deliver across their different customer segments.

For B2B: A Comprehensive, Omnichannel, End-to-End Betting Platform

Elys Game Technology, Corp. offers a fully integrated, end-to-end sportsbook solution designed to serve both B2B and B2C leisure gaming operators. This platform is engineered to handle both online and land-based (retail) wagering seamlessly, providing a true omnichannel experience that is essential in today's regulated markets. The platform supports operations across 3 total gaming markets, including North America and Italy. The technology component is robust, boasting a proprietary betting engine with a reported 99.9% uptime reliability. Also, the platform manages 4 primary gaming product verticals. The online platform specifically handles an estimated $620 million in transaction volume annually. This technology is built by bookmakers for bookmakers, meaning it includes features like odds customization and performance analysis for the operator. The company's technology group manages software development from its base in Innsbruck, Austria.

For Small Businesses: Cost-Effective, Turnkey Sportsbook Solution with a Small Footprint

The small business model is a key differentiator, offering a low-cost, high-value sportsbook solution to local establishments, which helps bypass the massive advertising spend national competitors rely on. This approach focuses on building local customer loyalty. The model proved successful in Washington D.C., where the first U.S. location, Grand Central Sportsbook, averaged $67,500 per month in Gross Gaming Revenue (GGR). Honestly, that figure was approximately 700% above initial expectations for that location. The solution is designed to expand easily and affordably, and its small footprint makes physical setup straightforward for partners. The company is focused on replicating this success across additional retail locations.

For Bettors: The 'Best Odds' Model, Prioritizing Long-Term Customer Loyalty

Elys Game Technology, Corp. has won favor among bettors by employing a proprietary odds-making strategy aimed at providing the most competitive odds on various sporting events. This 'best odds' approach prioritizes long-term customer retention and loyalty over aggressive short-term market share grabs, which is a smart, sustainable play. The platform's reported Customer Retention Rate stands at 68%. This focus on value helps drive engagement, which is reflected in the platform's ability to convert betting handle to Gross Gaming Revenue (GGR). For example, in Italy in 2021, the betting handle conversion to GGR reached $14.9 million for the second quarter period. The current stock price as of December 4, 2025, is $0.0005 per share, with a 52-week range between $0.000001 and $0.500.

Full Suite of Leisure Gaming

Elys Game Technology, Corp. provides clients with the flexibility to choose a comprehensive offering, acting as a one-stop-shop for sports betting and digital gaming. The full suite of leisure gaming products available through their platform includes:

• Sports Betting
• Virtual Sports
• Online Casino (slots and table games)
• Poker
• Bingo
• E-sports (mentioned in some contexts)

In their established European operations, such as Italy, the offering is extensive, covering sports betting, e-sports, virtual sports, online casino, poker, bingo, interactive games, and slots. The last reported trailing 12-month revenue, as of September 30, 2023, was $42.7 million.

Data-Driven Risk Management and Adaptive Business Intelligence for Operators

The difference-maker for operators using the Elys BMG platform is its advanced management technology. This includes data-driven Sportsbook Risk Management Services and Adaptive Business Intelligence dashboards, which are designed to enable customers to achieve the absolute best business performance from their betting operations. The system implements artificial intelligence learning bots, adaptive business intelligence, and big data analytics to optimize the user experience and operator control. This aligns with the 2025 trend where big data and advanced analytics are central to transforming risk management strategies, using real-time data to improve forecasting accuracy. The company's R&D Investment in 2022 was $4.2 million, supporting this technological backbone. The company's financial health shows challenges, with a reported Net Income of -$18.3 million in 2022 and Operating Cash Flow of -$4.2 million in the same year, underscoring the cost of developing these advanced tools.

Value Proposition Metric	Segment Focus	Data Point/Amount	Context/Date Anchor
Monthly GGR Achieved	Small Business (D.C. Retail)	$67,500	Per location, as reported in late 2023
GGR vs. Expectation	Small Business (D.C. Retail)	700% above	Initial expectations for the first U.S. location
Online Platform Transaction Volume	B2B/Omnichannel	$620 million	Annually
Customer Retention Rate	Bettors	68%	Performance Indicator
Betting Handle Processed (Q2)	B2C/European Operations	$220.1 million	Second Quarter 2021
Trailing 12-Month Revenue	Overall Financial Anchor	$42.7 million	As of September 30, 2023
FY 2022 Net Income	Financial Health	-$18.3 million	Fiscal Year 2022

Finance: draft 13-week cash view by Friday.

Elys Game Technology, Corp. (ELYS) - Canvas Business Model: Customer Relationships

You're looking at how Elys Game Technology, Corp. (ELYS) manages its connections with its diverse customer base, which spans from large casino operators to individual online bettors. This isn't a one-size-fits-all approach; it's segmented by the type of client they serve.

Dedicated account management for B2B casino and operator clients

For your business-to-business (B2B) casino and leisure gaming operator clients, the relationship is high-touch. Elys Game Technology, Corp. provides a full suite of omnichannel leisure gaming products and services, including sports betting and online casino software, to commercial and tribal casinos, retail betting establishments, and franchise distribution networks. As of late 2023, ELYS had B2B operations in five states plus the District of Columbia in the U.S. market alone. This requires dedicated support to ensure their turnkey solution integrates smoothly.

The success of this model is visible in their U.S. retail expansion. For instance, their first U.S. location, Grand Central Sportsbook in Washington D.C., was a significant revenue driver, averaging $67,500 per month in Gross Gaming Revenue (GGR) for the operator, which was reported as approximately 700% above initial expectations (as of November 2023). This level of performance necessitates close, dedicated account management to replicate and scale.

Joint ventures (JV) and management services provider (MSP) model with small businesses

A key relationship strategy, particularly successful in the Italian market and being scaled to the U.S., involves partnering with small businesses. This is where the Joint Venture (JV) or Management Services Provider (MSP) model comes into play, offering a convenient way for these smaller venues to offer cost-effective sports gambling. This strategy allows Elys Game Technology, Corp. to win customer loyalty by going local, contrasting with the massive marketing spend of national competitors. One reported JV deal was with USBookmaking, dated July 15, 2021. The company's platform is designed to be a plug-and-play solution, enabling the fastest time to market for these partners.

Here's a look at the operational scale across these segments based on the latest available data:

Metric Category	B2B/JV/MSP Focus (U.S. Retail/Partners)	B2C Focus (European Online/Retail)
U.S. B2B Jurisdictions (as of late 2023)	5 States + District of Columbia	N/A
Reported Single Location Monthly GGR (D.C. Example)	$67,500	N/A
Online User Accounts (Reported 2020)	N/A	Approximately 79,000
Physical Retail/Agency Locations (Reported 2020)	N/A	1,200 web-cafés, 7 corner, and 117 agency locations

Self-service and automated support for B2C online bettors

For the business-to-consumer (B2C) online bettors, the relationship leans more toward self-service, supported by the technology itself. The ELYS™ platform is engineered to provide an intuitive software experience, which reduces the need for constant human intervention. This is supported by a real-time customer management system for efficient cross-platform marketing. While specific 2025 support metrics aren't public, the structure relies on the platform's ease of use for tasks like checking account balances and placing bets.

The B2C user base shows distinct preferences, which informs how support content and platform features are prioritized:

• Male players primarily prefer sports-bets.
• Female players show a preference for casino and bingo products.
• Approximately 10% of male players also explore casino and poker.
• Approximately 1% of female players try sports-betting or lotteries.

Loyalty programs tied to the 'best odds' model for retention

Retention for Elys Game Technology, Corp. is heavily influenced by its 'best odds' model, which is an odds-making strategy designed to attract and keep clients by offering the most competitive odds on sporting events. This approach prioritizes long-term customer loyalty over short-term promotional gains. While specific 2025 loyalty program enrollment or retention rate data for ELYS isn't available, industry benchmarks suggest the importance of this focus. For context, general industry data indicates that 83% of consumers say a loyalty program makes them more likely to continue doing business with a brand.

The financial health underpinning these relationships, as of the latest available update on November 27, 2025, shows a Gross Margin of 20.56%. The company's Trailing Twelve Month (TTM) revenue was $42.7M as of December 31, 2022. Finance: draft 13-week cash view by Friday.

Elys Game Technology, Corp. (ELYS) - Canvas Business Model: Channels

You're looking at how Elys Game Technology, Corp. (ELYS) gets its product and services to the customer, which is a mix of direct-to-consumer and business-to-business routes across different geographies.

Online/Mobile: '5D by Elys' mobile app under the SportBet.com brand

The mobile channel is centered around the SportBet.com brand, which utilizes the proprietary '5D by Elys' technology. This platform was positioned for a launch in the North American mobile sports betting market, including a market access agreement in Colorado.

• Technology platform ready for U.S. regulated market integration.
• Platform integrated with geolocation, KYC, player tracking, and payment processing.

B2B Distribution: Direct software licensing to operators and casinos

Elys Game Technology, Corp. acts as a key B2B provider, offering its full suite of leisure gaming products and services to online operators and land-based casinos. This segment leverages its technology for online casino, sports betting, and virtual sports.

Metric	Value/Status (Latest Available Data)
B2B Operations States (U.S.)	5 states plus the District of Columbia
Annual Revenue (as of Dec 31, 2022)	$42.7M
Market Access Agreements	Multi-year agreement with Caesars Entertainment (announced Q3 2023)

Retail Venues: Small business sportsbooks (bars/restaurants) in the U.S.

The U.S. retail strategy focuses on the small-business model, often through Management Services Provider (MSP) licenses, placing its sportsbook solution in existing social establishments like bars and restaurants. Washington, D.C., served as a proof-of-concept market for this model.

• Model designed to offer convenient betting access alongside social venue enjoyment.
• Technology includes a 'Build-your-bet' feature for off-site wager preparation.

Location Focus	Count/Status (Latest Reported Figures)
Washington D.C. Locations Operational/Approved	At least 3 locations
Ohio Signed Host Locations (as of Oct 2022)	More than 100

European Network: Agency locations and web-cafés (historical B2C base)

The European network, primarily through its Italian subsidiary Multigioco, represents the historical B2C base, offering online and land-based gaming technology services. This segment was streamlined to return to profitability.

European Segment Metric	Figure (Nine Months Ended Sept 30, 2022)
Net Profitable Position (Europe)	$0.3M
B2C Turnover Increase (Q3 vs Q3 2021)	19%
Italian Operating Rights Deployed (as of Q3 2022)	Approximately 44 of 100 obtained rights

The company's overall turnover for Q3 2023 fell to $162.6M, a 2.4% drop, with total revenue at $8.5M for that quarter.

Elys Game Technology, Corp. (ELYS) - Canvas Business Model: Customer Segments

You're looking at the customer base for Elys Game Technology, Corp., now operating as Elys BMG Group, Inc. since January 2024. The customer segments are distinct across their established European base and their expanding North American retail focus. The company provides its technology and services to both business partners and end consumers globally.

The core customer segments are:

• B2B Operators: Commercial and tribal casinos seeking a platform solution.
• Small U.S. Businesses: Bars, restaurants, and retail venues for Class-B sportsbooks.
• B2C Bettors (Europe): Online and land-based leisure gaming consumers in Italy.
• B2C Bettors (U.S.): Mobile and retail sports bettors in regulated states.

Here's a look at the concrete numbers associated with these groups, based on the latest available data leading up to late 2025, keeping in mind the company was acquired by Lottomatica S.p.A. in late 2023.

Customer Segment	Geographic Focus	Key Metric / Data Point	Value / Amount
B2B Operators	U.S. (Regulated States)	Number of regulated jurisdictions with B2B operations (as of late 2023)	Five states and the District of Columbia
Small U.S. Businesses	U.S. (Class-B Retail)	Average Gross Gaming Revenue (GGR) per month for the first D.C. location (as of late 2023)	$67,500
Small U.S. Businesses	U.S. (Class-B Retail)	GGR performance vs. initial expectations for the first D.C. location (as of late 2023)	Approximately 700% above initial expectations
B2C Bettors (Europe)	Italy	Euro-based Turnover for Fiscal Year Ended December 31, 2022	€730.5m
B2C Bettors (Europe)	Italy	Online User Accounts Serviced (as of 2022 data)	Approximately 79,000
B2C Bettors (U.S.)	Regulated States	Projected U.S. Sports Betting Market Size (2025 estimate)	$31.4 billion

The B2C Bettors in Europe, primarily in Italy, represent the company's established revenue base, with the fiscal year 2022 turnover reaching €730.5m. This segment is where the company has deep experience bringing sports betting to small business venues, a model they are replicating in the U.S.

For the Small U.S. Businesses segment, the proof point is in Washington D.C., where the initial Class-B sportsbook location demonstrated significant success, averaging $67,500 in Gross Gaming Revenue monthly. This success has driven the expansion of B2B operations across five states and D.C., targeting bars, restaurants, and retail venues.

The B2B Operators segment is comprised of commercial and tribal casinos looking for the company's platform software and risk management services. While the company is pushing this, the last reported TTM revenue figure available was $42.7 million as of September 30, 2023, reflecting the overall scale before the full impact of 2024/2025 US expansion could be fully realized in later reports.

The B2C Bettors in the U.S. are the target for the company's retail expansion, tapping into a market projected to hit $31.4 billion in 2025. The company's strategy is to win loyalty locally, contrasting with the massive spending of market leaders.

Finance: review the Q3 2025 revenue contribution split between Italian B2C and US B2B/B2C by October 31st.

Elys Game Technology, Corp. (ELYS) - Canvas Business Model: Cost Structure

You're looking at the expense side of the Elys Game Technology, Corp. operation as of late 2025. This is where the capital goes to keep the ELYS™ platform running and to fuel the North American push. Honestly, tracking these costs is key, especially when the bottom line shows a loss.

The most concrete figure we have for the latest period is the result of these costs:

• Operating expenses, reflected in Q3 2025 Net Loss of -$3.30 million.

To give you a sense of where the money was going, we can look at the structure of operating expenses from a recent period, as specific 2025 breakdowns for every line item aren't immediately public. For instance, in Q3 2023, operating expenses were reported at $11.4 million, which represented a 10.2% decrease year-over-year.

Here's a look at the components that drive these costs, using the latest available context:

Cost Component	Latest Available Real-Life Number/Estimate	Context/Period
Q3 2025 Net Loss	-$3.30 million	Q3 2025
Technology Development & Maintenance Costs (Component of OpEx)	Reduction noted contributing to OpEx decrease	Q3 2023
Total Operating Expenses	$11.4 million	Q3 2023
Estimated Nasdaq Listing Compliance Costs	Approximately $1.6 million annually	Estimated as of October 2023
Total Assets (for balance context)	$22.35 million	Latest Quarter End
Total Liabilities (for balance context)	$13.32 million	Latest Quarter End

Technology development and maintenance of the ELYS™ platform is a significant, ongoing drain. The company has historically made significant investments in product platform and infrastructure development for North America. The reduction in technology development costs was cited as a reason for the 10.2% drop in operating expenses to $11.4 million in Q3 2023.

Regulatory compliance and licensing fees across multiple states/countries are a non-negotiable cost of doing business in the US. Beyond state-specific licensing, the cost to maintain a public listing was estimated:

• Expenses related to maintaining Nasdaq listing were estimated at approximately $1.6 million annually as of October 2023.
• These listing expenses were expected to rise due to compliance requirements like Sarbanes-Oxley Act (SOX) and ESG initiatives.

Sales and marketing expenses for North American expansion are incurred up front when entering new markets and acquiring clients. The company has stated its intention to continue to invest in sales and marketing as part of its strategy.

Data feed and partnership costs, such as those with entities like Sportradar or U.S. Integrity, are embedded within the operating expenses, but specific dollar amounts for these third-party data services aren't itemized separately in the high-level reports available.

The overall financial performance, which these costs drive, shows a trailing twelve months (TTM) net profit margin of -42.78% and a total debt-to-equity ratio of 190.84%.

Finance: draft 13-week cash view by Friday.

Elys Game Technology, Corp. (ELYS) - Canvas Business Model: Revenue Streams

You're looking at the core ways Elys Game Technology, Corp. brings in money as of late 2025. This is where the rubber meets the road for their B2B platform services and their B2C operations, primarily in Italy and the expanding U.S. market.

The top-line number for the third quarter of 2025 is reported as $8.46 million in total revenue. This figure represents the culmination of their various streams, which are segmented across different operational areas.

Elys Game Technology, Corp. generates revenue from providing retail land-based and web-based gaming technology services in regulated countries and offers solutions for the B2B and B2C markets. While the Company has historically focused on the Italian gaming market, which accounts for a significant portion of its revenue stream, it intends to expand its US gaming markets by providing its software platform of services to gaming operators and casinos.

The revenue streams primarily consist of transactional income and service revenue.

Here's a look at the components making up that revenue structure:

• B2C Gaming Revenue: Net winnings from online and land-based betting operations.
• B2B Platform Fees: Licensing and managed services fees from operators.
• Revenue from leisure betting establishments in Italy and the U.S. operations.
• Revenue diversification from new product segments like virtual sports and casino offerings.

The Italian operations, through its subsidiary Multigioco, offer a full suite of leisure gaming products and services. For example, the virtual products segment had an objective to generate accretive organic incremental revenue of approximately $5 - $7 million annually, based on prior guidance.

In the U.S., service revenue is currently generated from providing the platform and bookmaking services on a B2B basis to retail locations and casino operators. In 2021, the U.S. operations generated approximately $1 million in B2B service revenue in the fourth quarter alone, illustrating the initial soft-start approach to North American expansion.

The composition of revenue streams historically shows a strong base in Italy, with male players preferring sports-bets and female players preferring casino and bingo. The table below outlines the general revenue categories that feed into the total reported figure:

Revenue Stream Category	Primary Market Focus	Historical/Targeted Revenue Contribution
B2C Net Winnings	Italy (Online/Land-based)	Transactional Income
B2B Platform & Managed Services	U.S. (Casinos/Retail) & Global Operators	Service Revenue
Virtual Sports Products	Italy & Global Markets	Targeted $5M - $7M Annually (Prior Guidance)
Casino, Poker, Bingo Offerings	Italy	Historically a major component alongside sports betting

The Company provides wagering solutions, services online operators, casinos, retail betting establishments, and franchise distribution networks. The goal is to convert investments in the North American product platform and infrastructure into revenue-generating deployments.