Traditional Indian Stick Game Signals U.S. Expansion of Real-money Class 1 Tribal Sports Betting
NEW YORK, NY / ACCESSWIRE / December 23, 2019 / Newgioco Group, Inc. ("Newgioco" or the "Company") (OTCQB:NWGI), a global sports betting and gaming technology company providing fully integrated software solutions to online and land-based gaming and sports betting operators, is pleased to announce the successful launch of real-money betting on traditional Indian Stick Game with Northern Winz Casino in Montana. The Indian Stick Game product adds to the Indian Horse Relay betting product unveiled by Newgioco in October 2019.
Indian Stick Game, otherwise called Hand Game, Bone Game or Sal-hal is an intuitive indigenous sport that is highly popular throughout Native American Tribes and Canadian First Nations and played between competing teams in both single events and tournament competitions. Newgioco's Elys betting platform executed bets, managed risk and payouts, and provided full live support for cage staff for the Northern Winz Christmas Hand Games Tournament held on Saturday, December 21, 2019.
The all-star teams included Shady Cree from Salish Chippewa-Cree Tribe in Washington State, Janice Meyers from Rocky Boy Chippewa-Cree Tribe in Montana, Dexter Falls Down from Crow Tribe in Montana and Brandon McKean from the Sho-ban Tribe in Fort Hall, Idaho. The teams were comprised of members from a variety of communities including Washington, Idaho, Montana, and Canada.
In the championship round, Shady Cree team from Salish Chippewa Cree prevailed over Janice Meyers from Chippewa-Cree Tribe. The event brought friends, family, elders and community together and was a huge success at Northern Winz Casino.
"In continuing to deliver on our commitment to provide full service, turn-key sports betting solutions for both our tribal and non-tribal clients, Newgioco once again partnered with Northern Winz Casino in Montana to produce event lines and odds on both the "Kick Stick" (i.e. analogous to coin-toss) as well as the tournament brackets through to the championship round," commented Michele (Mike) Ciavarella, Newgioco Chief Executive Officer. "We are quite focused on respecting cultural nuances of Native American traditions in being a trusted and recognised service provider for tribal casinos in the U.S. and expect the further development of Class 1 indigenous sports betting products and expansion of offerings in tribal and non-tribal casinos to continue throughout 2020."
"We are very happy and excited to have made history again with the outstanding support and dedication that Newgioco provided to make our Winz XMass Hand Game Tournament a memorable success," stated Raymond "Jazz" Parker General Manager of the Northern Winz Casino on Rocky Boy Reservation in Montana. "The event was awesome with everyone including our elders having a great deal of fun. We will continue to push our sovereignty through Class 1 gaming by offering a safe and responsible environment for our members to place bets on traditional tribal games and events that have been around for hundreds of years. This was one of the founding principles written in the IGRA but has been largely overlooked and under-considered. The Newgioco team played an integral role by quickly customizing the games as the events unfolded throughout the evening with the betting platform working flawlessly with our cage staff. We definitely look forward to working with Newgioco on our future initiatives."
About Newgioco Group, Inc.
Newgioco Group, Inc., is a global leisure gaming technology company, with fully licensed online and land-based gaming operations and innovative betting technology platforms that provide bet processing for casinos and other gaming operators. The Company conducts its business under the registered brand Newgioco primarily through its internet-based betting distribution network on its website, www.newgioco.it as well as in retail neighborhood betting shops throughout Italy.
Newgioco offers clients a full suite of leisure gaming products and services, such as sports betting, virtual sports, online casino, poker, bingo, interactive games and slots. Newgioco also owns and operates innovative betting platform software providing both B2B and B2C bet processing for casinos, sports betting and other online and land-based gaming operators. Additional information is available on our corporate website at www.newgiocogroup.com.
Investors may also find us on Facebook® and follow us on Twitter @NWGI_gaming.
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements and includes statements regarding continuing to deliver on our commitment to provide full service, turn-key sports betting solutions for both our tribal and non-tribal clients, and respecting cultural nuances of Native American traditions in being a trusted and recognised service provider for tribal casinos in the U.S. and the further development of Class 1 indigenous sports betting products and expansion of offerings in tribal and non-tribal casinos continuing throughout 2020. These forward-looking statements are based on management's expectations and assumptions as of the date of this press release and are subject to a number of risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include our ability to continue delivering on our commitment to provide full service, turn-key sports betting solutions for both our tribal and non-tribal clients, and respecting cultural nuances of Native American traditions in being a trusted and recognised service provider for tribal casinos in the U.S. and our ability to further develop Class 1 indigenous sports betting products and expansion of offerings in tribal and non-tribal casinos throughout 2020, and the risk factors described in Newgioco's Annual Report on Form 10-K for the year ended December 31, 2018 and our subsequent filings with the U.S. Securities and Exchange Commission, including subsequent periodic reports on Forms 10-Q and 8-K. The information in this release is provided only as of the date of this release, and we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events, except as required by law.
For further information, please contact:
Newgioco Group, Inc.
Michele Ciavarella, Chief Executive Officer
[email protected]
SOURCE: Newgioco Group, Inc.