Newgioco Group Engages Experienced Bookmaker to Lead U.S. Development

Newgioco Group, Inc. (“Newgioco” or the “Company”) (OTCQB: NWGI), a global gaming
technology company providing fully integrated software solutions to regulated
online and land-based sports betting and gaming operators, is pleased to
announce the engagement of U.S. bookmaker Kevin Slicker to lead the Company’s
U.S. sports betting operations and business development plan.

Kevin Slicker spent over 30 years in the sports betting industry and advisor
in the U.S. sports betting market. For the past 10 years has been a consultant
to sportsbooks, casinos, Daily Fantasy Sports providers and is currently
working with several U.S. Tribes in preparation for the legalization of sports
betting. In addition, he is the sports betting consultant for the Arena
Football League, providing advice on strategy, marketing, partnerships and
potential new revenue streams.

As product consultant to Newgioco, Kevin will direct the American design and
infrastructure of our leading-edge ELYS betting platform and lead the Newgioco
operations team build-out from his base in Oklahoma. He will work directly
with our developers in Europe to seek to create a unique online and land-based
U.S. facing sports betting solution for state lottery, casino and route
operators, as well as private operators that will combine the broad expertise
and history of our European roots with the unique nuances of American sports
betting players.

“We are very pleased to have Kevin join our team in the U.S. Our strategic
plan for developing our business in the rapidly growing regulated U.S. sports
betting market considered each state’s unique set of rules, regulations and
framework requiring a comprehensive multi-faceted team. Bringing Kevin on
board should help enable Newgioco to execute on both our multi-pronged
strategy and our reach throughout the extensive and dynamic U.S. sports
betting market,” commented Newgioco CEO Michele (Mike) Ciavarella. “Kevin is a
highly recognized expert in the U.S. bookmaking industry. We further expect
that having a true bookmaker as a part of the U.S. strategic operations plan
combined with his extensive industry experience could be a significant
advantage over our competition.”

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