Newgioco Signs Multi-year Sports Betting Agreement in District of Columbia

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 a multi-year agreement with Handle 19, Inc. to provide Newgioco’s
ELYS platform for regulated sports betting operations in Washington, DC.

“After an exhaustive competitive analysis of several betting platform
providers, we are very pleased to have selected Newgioco to partner with for
our planned sports betting operations,” stated Shane August, General Manager
of Handle 19, Inc. “A key factor in our decision came down to the fact that
the ELYS platform was developed in a fully regulated market and has both
online and land-based functionality, giving us a comprehensive tool and the
know-how of the Newgioco team to work closely with regulators to help shape
the DC sports betting market for years to come.”

“We are honored to have secured the opportunity to work with Shane and his
team at Handle 19 for their licensed sports betting operations,” commented
Newgioco CEO Michele Ciavarella. “We believe that our background and
experience in the tightly regulated Italian market will be highly beneficial
in pioneering the sports betting market in the District of Columbia.”

“We aspire to build our business in the U.S. sports betting market by
fostering strong, long-term partnerships with both tribal and non-tribal
operators such as Handle 19 in real-money betting and loyalty based
free-to-play programs for non-licensed establishments as the market continues
to rapidly evolve across the nation,” added Mr. Ciavarella.


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