Newgioco Establishes US Operating Subsidiary - Seite 2

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, among other aspects, statements regarding the Company seeking its first sports betting license in Washington, DC, launching its new US sports betting platform with Handle 19, Inc in the historic Capitol Hill area of Washington, DC by the third quarter of 2020, and providing investors with timely updates as key developments progress. 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, among others, the duration and scope of the COVID-19 outbreak in the US, including the impact to the state and local economies of prolonged shelter in place orders and the pandemic generally, the inability to receive required governmental approvals for a sports betting license in Washington, DC, the inability of the Company and Handle-19 to satisfy their obligations under their licensing agreement, launching the Elys US platform and the risk factors described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2018 and its 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 the Company undertakes 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.