Attached files

Exhibit 99.1

Newgioco Group, Inc. Launches New Mobile Betting App on ELYS Platform

New York, October 24, 2017.  Newgioco Group, Inc. (OTCQB: NWGI) ("Newgioco" or
the "Company") a leisure betting technology company providing regulated lottery
and gaming products and services through licensed subsidiaries based in Europe,
is pleased to announce the launch of our new mobile betting application on our
ELYS betting platform. The new mobile app is dedicated to improving the
sport-bet user experience, with casino and poker brands being rolled out in
November 2017.

The Company's investment in its betting software technology has had an immediate
impact on brand recognition and appreciation in revenue segments and considers
mobile to be a key distribution channel for its international expansion plans.
Mobile business sales currently represent approximately 30% of gross gaming
revenue and are projected to grow to 45% in 2018.

The Italian market, with a population base of 60.6 million, is the second
largest gaming market in Europe, accounting for 23% of global gaming market
worth over $400 billion. Smartphone penetration in Italy represents about 64.9%
of mobile users between the ages of 15 and 64, with about 53.1 million using
mobile broadband.

"Mobile application in the field of online leisure betting will undoubtedly
become the leading technology vertical in our space and will require continuous
cutting-edge creativity," stated Luca Pasquini, Company Chief Technology
Officer. "Considering customer demand for improved performance, speed, and
ease-of-use for sports betting on mobile, we have committed a dedicated team of
engineers to this department and look forward to launching several innovative,
market-leading features in the very near future. We see ourselves as a major
player in this field and believe that we have the potential to be game
changers."

About Newgioco Group, Inc.

Newgioco Group, Inc., together with its wholly owned subsidiaries, is a fully
integrated, licensed gaming technology company.  The company conducts its
business primarily through retail neighborhood betting shops and internet-based
betting software platform under the registered brand Newgioco through our
licensed website www.newgioco.it situated in Italy.

The company offers its clients a full suite of leisure gaming products and
services, such as sports betting, virtual sports, online casino, poker, bingo,
lottery, interactive games and slots, as well as an innovative betting platform
(www.odissea.at) providing both B2B and B2C bet processing.  Additional
information is available on our corporate website at www.newgiocogroup.com.

This Press Release contains certain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.  The company
has tried, whenever possible, to identify these forward-looking statements using
words such as "anticipates," "believes," "estimates," "expects," "forecast,"
"plans," "intends," "potential" and similar expressions.  These statements
reflect the company's current beliefs and are based upon currently available
information.  Accordingly, such forward-looking statements involve known and
unknown risks, uncertainties and other factors which could cause the company's
actual results, performance or achievements to differ materially from those
expressed in or implied by such statements.

Investor Relations Contact

Worldwide Financial Marketing, Inc.
info@wwfinancial.com

Newgioco Group, Inc.
investor@newgiocogroup.co