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Newgioco Signs Popular Sports Bar Operator in District of Columbia

Tuesday 22nd October 2019

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 that
Grand Central, LLC has selected Newgioco's ELYS platform for its sportsbook at
their popular Grand Central sports bar and Capo deli in Washington, DC.

"We are very pleased with the attention we received from Newgioco, not only in
demonstrating the ELYS sports betting platform but also in thoroughly
explaining the comprehensive nuances of running a sportsbook as an ancillary
product within our hospitality businesses," stated Andy Seligman and Brian
Vasile of Grand Central, LLC. "We want patrons to have exciting and
entertaining experiences when visiting Grand Central situated in the
prestigious Adams Morgan district of Washington, DC. Additionally, the ELYS
platform could be a perfect fit to replicate the feel of a traditional Italian
betting venue in our Capo Italian deli providing the Shaw neighborhood
residents a convenient place to drop in to place a wager on their favorite
sports while picking up a sandwich."

"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," commented Newgioco CEO Michele Ciavarella. "We are looking forward to
working closely with the teams from Grand Central along with the previously
announced agreements with Handle 19, Fleetwood and the Northern Winz tribal
casino in Montana, to develop their independently branded sportsbook offerings
as a complement to their principal hospitality businesses."

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