Wynn Resorts Signs Two Betting Deals with Full House
Wynn Resorts Signs Two Whole House Contract
To roll out smartphone and online sports betting facilities in Indiana and Colorado, US casino operator Wynn Resorts has entered into two agreements with Full House Resorts.
While there was no announcement of further specifics of the two transactions, Full House Resorts reported that it has already exhausted all of the sports betting privileges in both states.
Furthermore, full house said the Colorado launch is subject to the wagering of sports allowed by the legislature. Colorado Governor Jared Polis signed off on a May bill to allow sports wagering, as a reminder. However, residents will also vote on the initiative in a nationwide referendum set for November 5.
"We are excited to partner with Wynn Resorts, allowing them to conduct mobile sports wagering throughout Indiana and Colorado," - commented Daniel Lee, president and chief executive of Full House.
Full House owns Colorado's Bronco Billy's casino and Hotel as well as Indiana's Rising Star Casino Resort, while Wynn Resorts has properties in both Nevada and Massachusetts.
Ongoing Full House Progress
The two contracts came after Full House signed a deal last month with Churchill Downs Incorporated to run a Rising Star Casino indoor sportsbook.
The arrangement also requires CDI to sell retail and online sports wagering under Colorado's BetAmerica name, using Bronco Billy's casino and Hotel's full house resorts operating license in Cripple Creek, Colorado, subject to Colorado citizens' approval of legislation, final regulations issuance, and gaming licensing. At the bronco billy s casino and hotel the retail betamerica sportsbook will be sold. Residents of Colorado will vote on whether to ratify the Colorado sports betting bill, HB 19-1327, this November.
Full house has signed an agreement in September with betting platform operator Smarkets to serve as their mobile sports betting service at both casinos.
Back then, smarkets outlined that it will move to launch its newly unveiled SBK proprietary sportsbook platform inside betting-law jurisdictions, with smarkets planning Indiana's release of SBK iOS and Android applications by the end of 2019.
At the time CEO & founder of Smarkets Jason Trost said: "This is a landmark day for Smarkets. As an American myself, I’m thrilled to bring our world-leading technology to Indiana and Colorado, as well as more states across the country."
He believes, with a help of Smarket's superior technologies, that an agile business, like his one, will make a major impact on some of the bigger companies, and concentrate on offering the best rates.