By M. Marin NASDAQ:ELYS READ THE FULL ELYS RESEARCH REPORT Elys Game Technology (NASDAQ:ELYS) recently announced 2020 results. Turnover, or betting handle, has grown from about $122 million in 2016 to $574 million in 2020, which represents a CAGR of 47% as the company’s expansion accelerates. Despite the impact of COVID-19, 2020 turnover of $574 million was up 26.5% compared to $454 million in
Elys Game Technology is a small casino and sports betting stock I have been following for a while. Like many other names in the gaming sector, it topped out in mid-February and fell into a bear market. One reason I've been a fan of Elys is the conviction shown by management.
Elys Game Technology Achieves Record Annual Revenue of $37.3 Million for 2020