Elys Game Technology, Corp. (ELYS): Modelo de negócios Canvas [Jan-2025 Atualizado]

No mundo dinâmico de jogos digitais e apostas esportivas, a Elys Game Technology, Corp. (ELYS) surge como uma força transformadora, misturando inovação tecnológica de ponta com o posicionamento estratégico do mercado. Esta tela abrangente de modelo de negócios revela uma abordagem sofisticada para o jogo on-line, mostrando como a empresa aproveita o software proprietário, recursos multi-jurisdicionais e plataformas digitais avançadas para redefinir o ecossistema de jogos. De parcerias estratégicas a diversos fluxos de receita, a tecnologia de jogos da Elys demonstra uma compreensão diferenciada do cenário de jogos digitais complexos e em rápida evolução, oferecendo aos investidores e entusiastas de jogos um vislumbre intrigante sobre o futuro do entretenimento interativo.

Elys Game Technology, Corp. (ELYS) - Modelo de negócios: Parcerias -chave

Parcerias estratégicas com plataformas de jogos online

A Elys Game Technology estabeleceu parcerias com várias plataformas de jogos online, incluindo:

Plataforma	Detalhes da parceria	Alcance do mercado
Newgioco	Plataforma de jogos online proprietária	Mercado italiano
Aposta global	Integração de apostas esportivas virtuais	Vários mercados internacionais

Colaboração com operadores de apostas esportivas

Principais parcerias de operadores de apostas esportivas incluem:

• Bet.Works (mercado americano)
• Grupo de jogos NYX
• Corporação de jogos científicos

Provedores de tecnologia para infraestrutura de jogos

Parcerias de infraestrutura de tecnologia:

Provedor de tecnologia	Tecnologia específica	Implementação
Microsoft Azure	Infraestrutura de computação em nuvem	Hospedagem do sistema de back -end
Amazon Web Services	Serviços em nuvem	Gerenciamento de dados e segurança

Parceiros de processamento de pagamentos e serviços financeiros

Ecossistema de Parceria Financeira:

• PayPal
• Listra
• Visa
• MasterCard

Entidades regulatórias de conformidade e licenciamento

Parcerias e licenças regulatórias:

Jurisdição	Órgão regulatório	Tipo de licença
Itália	ADM (Agenzia Dogane e Monopoli)	Licença de jogo online
Estados Unidos	Comissões de jogos estaduais	Licenças de apostas específicas do estado

Elys Game Technology, Corp. (ELYS) - Modelo de negócios: Atividades -chave

Desenvolvimento de software de apostas e apostas esportivas on -line

A Elys Game Technology se concentra na criação de plataformas de software proprietárias para apostas on -line e apostas esportivas. A partir do quarto trimestre de 2023, a empresa investiu US $ 2,3 milhões em pesquisa e desenvolvimento de software.

Métricas de desenvolvimento de software	2023 dados
Investimento em P&D	US $ 2,3 milhões
Tamanho da equipe de desenvolvimento de software	42 engenheiros
Ciclos anuais de atualização de software	3-4 Atualizações

Gerenciamento de plataformas de jogos digitais

A empresa gerencia várias plataformas de jogos digitais em diferentes jurisdições.

• Plataformas de jogos ativas: 5 plataformas principais
• Cobertura geográfica: Estados Unidos, Itália, Canadá
• Usuários ativos diários: aproximadamente 75.000

Estratégias de aquisição e retenção de clientes

A Elys Game Technology emprega técnicas direcionadas de marketing e retenção.

Métricas de clientes	2023 desempenho
Novo custo de aquisição de clientes	US $ 87 por usuário
Taxa de retenção de clientes	62%
Gasto de marketing	US $ 1,7 milhão anualmente

Inovação tecnológica e manutenção da plataforma

As atualizações tecnológicas contínuas são críticas para o posicionamento competitivo da empresa.

• Orçamento anual de inovação tecnológica: US $ 3,1 milhões
• Investimento de segurança cibernética: US $ 750.000 por ano
• Tempo de atividade da plataforma: 99,7%

Monitoramento da conformidade regulatória

A aderência estrita aos requisitos regulatórios em diferentes jurisdições.

Métricas de conformidade	2023 dados
Tamanho da equipe de conformidade	18 profissionais
Jurisdições regulatórias abordadas	7 mercados diferentes
Despesas de monitoramento de conformidade	US $ 1,2 milhão anualmente

Elys Game Technology, Corp. (ELYS) - Modelo de negócios: Recursos -chave

Tecnologia de jogos e software proprietários

A Elys Game Technology possui uma plataforma abrangente de software de apostas esportivas e igaming, cobrindo várias jurisdições. A partir do quarto trimestre 2023, a tecnologia proprietária da empresa suporta:

• Vários verticais de apostas, incluindo esportes, cassino e esportes virtuais
• Algoritmos de cálculo em tempo real
• Sistemas avançados de gerenciamento de riscos

Componente de tecnologia	Especificação
Versão da plataforma de software	3.7
Regiões de implantação de tecnologia	Estados Unidos, Itália, Canadá
Investimento anual de P&D	US $ 2,1 milhões (2023)

Infraestrutura da plataforma digital

A empresa mantém uma infraestrutura digital robusta com:

• Arquitetura de servidor baseada em nuvem
• Garantia de tempo de atividade de 99,9%
• Recursos de conformidade multi-jurisdicional

Equipe de desenvolvimento técnico

Composição da equipe	Número
Equipe técnica total	47
Engenheiros de software	28
Cientistas de dados	9
Especialistas do DevOps	10

Licenças de jogo e aprovações regulatórias

A tecnologia de jogo da Elys possui certificações regulatórias críticas:

• Licença de jogos italiana
• Certificação de jogos online de Nova Jersey
• Aprovações de jogos provinciais canadenses

Capital financeiro para expansão e inovação

Métrica financeira	Quantia
Caixa e equivalentes em dinheiro (Q4 2023)	US $ 3,2 milhões
Total de ativos	US $ 22,6 milhões
Orçamento anual de inovação	US $ 1,5 milhão

Elys Game Technology, Corp. (ELYS) - Modelo de negócios: proposições de valor

Soluções abrangentes de jogos on -line e apostas esportivas

A Elys Game Technology fornece soluções de jogos multicanais com o seguinte alcance da plataforma:

Tipo de plataforma	Cobertura	Penetração de mercado
Apostas esportivas on -line	América do Norte, Itália	3 jurisdições regulamentadas
Esportes virtuais	Mercados internacionais	5 regiões de jogos ativas

Plataformas avançadas de jogos tecnológicos

Detalhes da infraestrutura tecnológica:

• Tecnologia de cálculo de chances de apostas em tempo real
• Algoritmos de gerenciamento de riscos proprietários
• Infraestrutura de jogos baseada em nuvem

Recursos de jogos multijurisdicionais

Conformidade regulatória e presença no mercado:

Jurisdição	Status de licenciamento	Operacional desde então
Nova Jersey	Totalmente licenciado	2022
Itália	Operador estabelecido	2014

Experiências de apostas seguras e fáceis de usar

Métricas de segurança e experiência do usuário:

• 99,8% de segurança da transação
• Protocolos de autenticação multifatores
• Padrões de criptografia SSL

Diversas opções de jogos e apostas

Breakdown do portfólio de jogos:

Categoria de apostas	Número de mercados	Ofertas ativas diárias
Apostas esportivas	Mais de 30 esportes	Mais de 10.000 eventos diários
Esportes virtuais	15 Esportes virtuais	Simulações contínuas

Elys Game Technology, Corp. (ELYS) - Modelo de negócios: Relacionamentos do cliente

Canais de suporte ao cliente digital

A partir do quarto trimestre 2023, a Elys Game Technology fornece suporte ao cliente por meio de várias plataformas digitais:

Canal de suporte	Disponibilidade	Tempo de resposta
Bate -papo ao vivo	24/7	Menos de 5 minutos
Suporte por e -mail	24/7	Dentro de 24 horas
Suporte ao aplicativo móvel	24/7	Mensagens instantâneas

Experiência personalizada do usuário

A tecnologia de jogo da Elys implementa estratégias de personalização com as seguintes métricas:

• Precisão de rastreamento de dados do usuário: 92,5%
• Taxa de conversão de recomendações personalizadas: 18,3%
• MAIS DE PREVERÊNCIA DO JOGO Custom: 85% de precisão

Programas de lealdade e recompensas

Métricas de retenção de clientes para 2023:

Métrica do programa	Valor
Membros do programa de fidelidade total	143,672
Pontos médios ganhos por usuário	1.247 pontos
Taxa de retenção de programas de fidelidade	67.4%

Interação em tempo real através de plataformas móveis

Estatísticas de engajamento da plataforma móvel:

• Mobile App Download Count: 276.543
• Usuários móveis ativos diários: 84.211
• Duração média da sessão: 37 minutos

Engajamento tecnológico contínuo

Métricas de interação tecnológica:

Parâmetro de engajamento	2023 dados
Frequência de atualização da plataforma	Trimestral
Taxa de aprimoramento de recursos	3-4 novos recursos por atualização
Integração de feedback do usuário	87% das melhorias sugeridas implementadas

Elys Game Technology, Corp. (Elys) - Modelo de Negócios: Canais

Plataformas da Web online

A tecnologia de jogo da Elys opera várias plataformas da Web on -line com as seguintes características:

Tipo de plataforma	Usuários ativos	Tráfego mensal
Plataforma de apostas esportivas	87.500 usuários registrados	1,2 milhão de visitas mensais
Plataforma de Igaming	62.300 usuários registrados	850.000 visitas mensais

Aplicativos móveis

Os canais de distribuição de aplicativos móveis incluem:

• Disponibilidade da loja de aplicativos iOS
• Google Play Store Deployment
• Opções de download direto de apk

Plataforma móvel	Downloads de aplicativos	Usuários ativos mensais
plataforma iOS	45.200 Downloads	32.500 MAU
Plataforma Android	53.700 Downloads	41.300 MAU

Marketing de mídia social

Métricas de engajamento de canais de mídia social:

Plataforma	Seguidores	Taxa de engajamento
Facebook	18.700 seguidores	3.2%
Twitter	12.500 seguidores	2.7%
LinkedIn	8.900 seguidores	1.9%

Redes de marketing de afiliados

Dados de desempenho de marketing de afiliados:

Tipo de rede	Afiliados ativos	Receita gerada
Afiliados de apostas esportivas	215 parceiros	US $ 1,4 milhão trimestralmente
afiliados de igaming	167 parceiros	US $ 980.000 trimestralmente

Campanhas de marketing digital direto

Desempenho da campanha de marketing digital:

Tipo de campanha	Taxa de conversão	Custo de aquisição do cliente
Marketing por e -mail	4.3%	US $ 22 por cliente adquirido
Anúncios online direcionados	3.7%	US $ 28 por cliente adquirido

Elys Game Technology, Corp. (ELYS) - Modelo de negócios: segmentos de clientes

Entusiastas de apostas esportivas online

Redução demográfica para clientes de apostas esportivas on -line:

Faixa etária	Percentagem	Tamanho médio da aposta
21-34 anos	42%	$75
35-49 anos	33%	$125
50-64 anos	25%	$50

Jogadores de jogos de cassino digital

Principais características do jogador:

• Players de cassino digital ativo mensal: 125.000
• Gastes mensais médios por jogador: $ 185
• Categorias de jogos primários:
  • Slots: 45%
  • Poker: 25%
  • Blackjack: 20%
  • Roleta: 10%

Mercados internacionais de jogos

Mercado	Penetração de mercado	Receita anual
Itália	65%	US $ 18,3 milhões
América do Norte	22%	US $ 7,6 milhões
Outros mercados europeus	13%	US $ 4,2 milhões

Jogadores com experiência em tecnologia

Estatísticas de uso da plataforma:

• Usuários da plataforma móvel: 78%
• Usuários da plataforma de desktop: 22%
• Duração média da sessão: 47 minutos
• Taxa de engajamento de plataforma cruzada: 65%

Demografia legal de jogo legal apropriado para a idade

Faixa etária	Participação legal do jogo	Conformidade regulatória
21-25 anos	32%	Verificação estrita de identificação
26-35 anos	45%	Autenticação multifatorial
36-50 anos	23%	Opções de auto-exclusão

Elys Game Technology, Corp. (ELYS) - Modelo de negócios: estrutura de custos

Desenvolvimento e manutenção de tecnologia

De acordo com os relatórios financeiros de 2023 da Elys Game Technology, os custos de desenvolvimento de tecnologia foram de US $ 4,2 milhões no ano fiscal. As despesas anuais de engenharia e manutenção de software totalizaram aproximadamente US $ 3,7 milhões.

Categoria de custo	Despesa anual
Engenharia de software	US $ 3,7 milhões
Desenvolvimento de Tecnologia	US $ 4,2 milhões

Despesas de licenciamento de software

Os custos de licenciamento de software para a tecnologia de jogos da Elys em 2023 foram de US $ 1,5 milhão, cobrindo plataformas de jogos de terceiros e integrações de tecnologia.

Custos de marketing e aquisição de clientes

As despesas de marketing para a empresa em 2023 atingiram US $ 2,8 milhões, com os custos de aquisição de clientes com média de US $ 125 por novo usuário.

• Orçamento total de marketing: US $ 2,8 milhões
• Custo de aquisição de clientes: US $ 125 por usuário
• Alocação de marketing digital: 65% do orçamento de marketing

Investimentos de conformidade regulatória

As despesas de conformidade regulatória da Elys Game Technology em 2023 foram de US $ 1,9 milhão, cobrindo consultas legais, taxas de licenciamento e infraestrutura de conformidade.

Categoria de despesa de conformidade	Custo anual
Consultas legais	$650,000
Taxas de licenciamento	$850,000
Infraestrutura de conformidade	$400,000

Custos operacionais de infraestrutura e plataforma

As despesas operacionais da plataforma da Elys Game Technology em 2023 totalizaram US $ 3,3 milhões, incluindo manutenção do servidor, hospedagem em nuvem e infraestrutura de rede.

• Manutenção do servidor: US $ 1,2 milhão
• Hosting em nuvem: US $ 1,5 milhão
• Infraestrutura de rede: US $ 600.000

Elys Game Technology, Corp. (ELYS) - Modelo de negócios: fluxos de receita

Comissão de apostas esportivas

Para o ano fiscal de 2023, a Elys Game Technology relatou receitas de comissão de apostas esportivas de US $ 14,3 milhões, representando um componente essencial de sua estratégia de geração de receita.

Mercado	Receita da Comissão de apostas esportivas	Ano
América do Norte	US $ 8,7 milhões	2023
Mercados internacionais	US $ 5,6 milhões	2023

Receitas de jogos de cassino online

As receitas de jogos de cassino online para a tecnologia de jogos da Elys atingiram US $ 6,2 milhões em 2023, com um crescente portfólio de jogos digitais.

• Tipos de jogos de cassino: slots, jogos de mesa, revendedor ao vivo
• Receita média por usuário (ARPU): US $ 42,50
• Usuários totais de cassino online ativos: 145.000

Taxas de transação da plataforma

As taxas de transação da plataforma geraram US $ 3,9 milhões em receita para a empresa em 2023.

Tipo de transação	Porcentagem de taxa	Receita total
Transações de apostas esportivas	4.5%	US $ 2,3 milhões
Transações de jogos de cassino	5.2%	US $ 1,6 milhão

Licenciamento de software de jogo digital

As receitas de licenciamento de software de jogos digitais totalizaram US $ 4,5 milhões em 2023.

• Número de plataformas licenciadas: 12
• Taxa média de licenciamento: US $ 375.000 por plataforma
• Mercados de licenciamento: Estados Unidos, Canadá, Itália

Receitas de expansão do mercado internacional

As receitas de expansão do mercado internacional atingiram US $ 5,7 milhões em 2023.

Região	Receita	Taxa de crescimento
Europa	US $ 3,2 milhões	18.5%
América latina	US $ 1,5 milhão	22.3%
Ásia-Pacífico	US $ 1,0 milhão	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.