Newgioco enters D.C. sports betting market with Handle 19
Betting technology supplier Newgioco is to enter the Washington, D.C. sports betting market through a new partnership with Handle19, a sports bar chain planned by entrepreneur Shane August’s August Holding Corp.
Under the agreement, Newgioco will supply Handle19 with its ELYS platform to power online and land-based sports betting in D.C.
According to the Washington Business Journal, Handle19 will apply for a Class B licence when the D.C. Lottery opens the licensing process.
“After an exhaustive competitive analysis of several betting platform providers, we are very pleased to have selected Newgioco to partner with for our planned sports betting operations,” August said.
“A key factor in our decision came down to the fact that the ELYS platform was developed in a fully regulated market and has both online and land-based functionality, giving us a comprehensive tool and the know-how of the Newgioco team to work closely with regulators to help shape the D.C. sports betting market for years to come.”