Newgioco to Install 400 New Self-Service Point of Sale Terminals
12 Outubro 2020 - 9:00AM
Business Wire
Newgioco Group, Inc. (“Newgioco” or the “Company”) (Nasdaq:
NWGI), a global sports betting and interactive gaming technology
company providing a cutting-edge fully integrated, omni-channel
sports betting technology, is pleased to announce that through its
wholly owned subsidiary Multigioco Srl, the Company plans to
install up to 400 new self-service point of sale locations
throughout Italy with the launch of NGoy™ Virtual Operator
terminals.
The Company has commenced installations with the first 100 NGoy
(“Enjoy”) terminals to be operational in Italy by December 2020 and
an additional 300 to be installed through 2021. Additionally, the
Company intends to expand deployment of the NGoy terminal in other
European countries that permit regulated sports betting.
The Newgioco design-built kiosk, commissioned under a previously
announced agreement with VNE Produzione Srl., is an all-in-one
self-service terminal that allows frictionless access to player
gaming accounts for remote deposits and withdrawals along with the
convenience of loading and re-loading of pre-paid cards, phone
cards and a variety of other banking services including bill paying
features.
“Our NGoy branded virtual operator terminal is a first of its
kind and built to address market demand from our customers in Italy
for reliable, seamless accessibility to their gaming accounts and
to provide convenient ancillary services in a one-stop solution,”
stated Alessandro Marcelli, VP of Operations of Newgioco Group. “At
full capacity, we expect that each new terminal location could
generate approximately $35,000 to $40,000 in gross gaming and other
value added service revenues on an annual basis and believe that
our NGoy terminal will provide a unique customer engagement edge as
we expand into additional European and newly regulated U.S.
markets.”
About Newgioco Group, Inc.
Newgioco Group, Inc., is a global leisure gaming technology
company operating in 12 countries worldwide, with fully licensed
online and land-based gaming operations in Italy. The Company’s
innovative alternative wagering system services online operators,
resort concept casinos, retail neighborhood betting establishments
and franchise distribution networks.
Newgioco offers its clients a full suite of leisure gaming
products and services, such as sports betting, esports, virtual
sports, online casino, poker, bingo, interactive games and slots.
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.
Forward-Looking Statements
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 include
statements regarding the installation of up to 400 new self-service
point of sale locations, the first 100 NGoy terminals to be
operational in Italy by December 2020 and an additional 300 to be
installed through 2021, expanding deployment of the NGoy terminal
in other European countries that permit regulated sports betting,
each new terminal location potentially generating on an annual
basis approximately $35,000 to $40,000 in gross gaming and other
value added service revenues, and providing a unique customer
engagement edge as we expand into additional European and newly
regulated U.S. markets. 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, our ability to successfully install up to
400 new self-service point of sale locations as planned, our
ability to deploy the first 100 in Italy by December 2020 and an
additional 300 through 2021, our ability to expand deployment of
the NGoy terminal in other European countries that permit regulated
sports betting, our ability to generate gross gaming and other
value added service revenues from each new terminal location, our
ability to have a unique customer engagement edge as we expand into
additional European and newly regulated U.S. markets, the duration
and scope of the COVID-19 outbreak worldwide, including the impact
to the state and local economies, and the risk factors described in
the Company’s Annual Report on Form 10-K for the year ended
December 31, 2019 and its subsequent filings with the U.S.
Securities and Exchange Commission, including subsequent periodic
reports on Form 10-Q and current reports on Form 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20201012005195/en/
Newgioco Group, Inc. Michele Ciavarella, Chief Executive Officer
investor@newgiocogroup.com
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