Elys Game Technology Appoints Matteo Monteverdi as CEO

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Elys Game Technology has announced the appointment of Matteo Monteverdi as its Chief Executive Officer, effective 1 January 2021.

Monteverdi served as an independent strategic advisor to the Company since March 2020, and in September 2020 was appointed as the President. Michele Ciavarella will continue in his current role as Executive Chairman of the Company.

“We are honored to welcome one of most accomplished and recognized gaming executives in the industry to our team. Matteo brings over 20 years of industry experience, including an amazing track record in the betting, gaming and technology sectors. In the short time since joining the Company, he has already demonstrated his leadership and continuous innovation. We believe his experience in driving organic revenue growth, combined with his background in M&A, will help accelerate growth in both our online and land-based retail channels,” Michele (Mike) Ciavarella, Chairman and CEO of Elys Game Technology, said.

“Over the past 9 months, I have had an opportunity to fully immerse myself with the Elys team, customers, and technologies. I can confidently state that Elys has built a first-class operation with a strong product foundation and has tremendous potential waiting to be unleashed. Given the convergence of shifts in the US regulatory landscape and technological innovation, Elys is positioned to capitalize on emerging trends as sport betting evolves into new forms of entertainment at the intersection of media and gaming. The Company offers a differentiated omni-channel framework that provides a distinct competitive advantage in this market. Overall, I believe Elys has the potential to become a market leader and capture a significant share of the i-gaming and sports betting markets in Europe and the Americas,” Monteverdi said.