Newgioco Group, Inc. (“Newgioco” or the “Company”) (Nasdaq: NWGI), a global sports betting and interactive gaming technology company providing fully integrated, omni-channel sports betting software solutions, is pleased to announce an exclusive web affiliate engagement through our wholly owned subsidiary Multigioco Srl with Malta based DT9 Media Affiliations Group (“DT9”) to help drive online client account activations.
The Company expects the engagement will each month attract new active clients and result in an increase in Gross Gaming Revenue (“GGR”) and customer conversions to the i-gaming portfolio of online slots and casino games through its www.newgioco.it network.
“DT9’s online gaming services and innovative Artificial Intelligence tools are expected to achieve considerable expansion of our online gaming customer base through our nationwide network in Italy,” stated Alessandro Marcelli, Newgioco’s VP of Operations. “DT9 represents a highly qualified, reliable, and professional partner, with whom we believe we could establish a profitable and lasting relationship, focused on growth and strengthening of our joint activities.”
“We are proud to have signed this important supply agreement with such a recognized and prestigious brand as Newgioco,” commented Danilo Di Tota, CEO of DT9 Media Affiliations Group. “We are convinced of the potential that their network is able to offer players and one that our team would know how to enhance and make visible within the regulated Italian i-gaming space.”
About DT9 Media Affiliations Group
DT9 Media Affiliations creates communities that invite and incentivize expert influencers to prove their betting knowledge by sharing tips with their users. DT9 makes the market transparent by comparing odds across various bookmakers, ensuring that the users get the most value from their bets and creates in-depth, educational online and mobile betting, slot, casino, poker and bingo guides so their users can gain insights and be confident that their betting is supported by knowledge.
About Newgioco Group, Inc.
Newgioco Group, Inc., is a global leisure gaming technology company, with fully licensed online and land-based gaming operations and innovative betting technology platforms that provide bet processing for casinos and other gaming operators. The Company conducts its business under the registered brand Newgioco primarily through its internet-based betting distribution network on its website, www.newgioco.it as well as in retail neighborhood betting shops throughout Italy.
Newgioco offers clients a full suite of leisure gaming products and services, such as sports betting, virtual sports, online casino, poker, bingo, interactive games and slots. Newgioco also owns and operates innovative betting platform software providing both B2B and B2C bet processing for casinos, sports betting and other online and land-based gaming operators. Additional information is available on our corporate website at www.newgiocogroup.com.
Investors may also find us on Facebook® and follow us on Twitter @NWGI_gaming.
This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words “could,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “may,” “continue,” “predict,” “potential,” “project” and similar expressions that are intended to identify forward-looking statements and includes, among other aspects, statements regarding attracting each month new active clients to its i-gaming portfolio, the projected increase in GGR, expanding our customer base through our wide newgioco.it network in Italy and the expected contribution of DT9. These forward-looking statements are based on management’s expectations and assumptions as of the date of this press release and are subject to a number of risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, the Company’s ability to attract new active clients to its i-gaming portfolio and increase GGR as planned, the Company’s ability to expand its customer base through its wide newgioco.it network in Italy as planned, the duration and scope of the COVID-19 outbreak and the risk factors described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2018 and its subsequent filings with the U.S. Securities and Exchange Commission, including subsequent periodic reports on Forms 10-Q and 8-K. The information in this release is provided only as of the date of this release, and the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events, except as required by law.