Wynn Resorts Sports Betting Expansion Plan in the U.S.
Ever since the legalization of sports betting in the U.S., Wynn resorts has been working hard to enter the market. In fact, the company is now in the gambling market in 9 states and plans to enter 7 more states. However, how big are their plans for the future? Let’s take a look at the Wynn Resorts Sports Betting Expansion Plan in the U.S.
One of the ways Wynn resort intends to expand in the gambling market is thru their new online gambling branch. According to online sports betting software news, their new branch is focusing strictly on online sports betting and online casinos.
Furthermore, they just made an announcement last week about partnering with BetBull from the UK. According to the statement, the partnership will help them double their U.S. gambling market share by the end of 2021. This is because BetBull is a product that focuses on” online gaming” that combines free-to-play games wit a social aspect. Thus, bettors are able to go in chat rooms and watch games together.
Wynn Resorts Sports Betting App: WynnBet
The latest reorganization by Wynn Resorts combines their online sports betting and interactive gaming under the name of Wynn Interactive. However, in the UK market, the company will be known as BetBull. Furthermore, according to Quality Sportsbook Pay Per Head companies, Wynn Resorts is the main shareholder with a 71% ownership.
The latest expansion will be the launch of their sports betting app, WynnBET. However, it will only be available at the Apple App store as Google does not yet allow gambling apps. Furthermore, while a sports betting app is nothing new to the industry, they will offer something not available in NV. This is because the WynnBet app will also offer horse and dog betting.
According to Sportsbook Pay Per Head providers, Wynn is set to enter the Tennessee sports betting market. Furthermore, the Tennessee Education Lottery also said that there are in the next group a sports betting license. In addition, they will also receive consideration for live mobile sports betting in TN.
Wynn Resorts also intends to open shop in Virginia but the competition for a license is fierce. However, it could be worth it as Virginia allows pro sports venues to apply for sports betting licenses. Thus, Wynn could be the first company to secure access in Virginia through a sports venue.