- Grand Central in DC will soon have sports betting at the Grand Central Sports Bar.
- Newgioco Group will be the providers of the wagering platform for both the sports bar and Capo Deli.
- Newgioco is a very big company for Italian gaming but has since decided to branch out into the U.S.
WASHINGTON, D.C. – Italy is coming to Grand Central in Washington DC in the form of a sportsbook. The Newgioco Group, an Italian gaming firm, was hired to provide their ELYS platform services. The company inked a deal with the Grand Central Sports Bar and the Capo Deli. Newgioco already has business dealings in the DC area, where they were chosen to be the sports betting platform provider for sports bar Handle 19 a month ago.
This latest partnership is right on par with the firm’s plan of expansion across the United States. Their handle in revenue has increased by a staggering 51% from that of a year ago. While this new deal is progress in the right direction for the company, they believe it will take upwards of five years to build a solid reputation in the U.S.
An agreement with Grand Central is a huge one as the foot traffic alone is heavy which could only help with more sports bettors engaging in the activity, equaling for more business where both parties are concerned.
“We are again tremendously honored to have been selected by Grand Central to stand as our second ELYS platform client in the regulated DC sports betting market,” said Michele Ciavarella, CEO of Newgioco. “We are looking forward to working closely with the teams from Grand Central along with the previously announced agreements with Handle 19 – to develop their independently branded sportsbook offerings as a complement to their principal hospitality businesses.”
As for those at Grand Central, both Andy Seligman and Brian Vasile are happy with their choice of Newgioco as their sports betting platform provider. They have stated that the company was very thorough in explaining the different aspects of their gaming operations and ELYS program, making them feel comfortable with this new partnership.
August was the first month where bars in the DC area were able to apply for their legal sports betting licenses. The licenses give the sports bars an exclusive two-block range for bettors. Bars immediately began applying for licenses once they were able. Grand Central Sports Bar and Capo Deli were among those that applied. Now with Newgioco’s help, they will be able to operate their sportsbooks smoothly and betting on sporting events can commence. Tourists passing through Grand Central have just been given more reason to stop and visit for a while.
Christina has been writing for as long as she can remember and does dedicated research on the newly regulated sports betting market. She comes from a family of sports lovers that engage in friendly bets from time to time. During the winter months, you can find Christina baking cookies and beating the entire staff at Mario Kart…the N64 version of course.