Resorts Atlantic City inks second sports betting deal with SBTech

Atlantic City’s Resorts Casino Hotel has struck a second sports betting partnership with UK-based technology supplier SBTech.

On Monday, SBTech announced that it had been chosen to provide Resorts with a sportsbook solution “across on-property, online and mobile channels.” The deal is subject to regulatory approval, and there was no timeline specified for when Resorts might launch its new betting product.

The deal will see Resorts “fully outsource its risk management and trading” to SBTech, who will implement a “bespoke risk management strategy” to ensure differentiation of Resorts’ betting product and “be in full control of their liabilities.”

Resorts CEO Mark Giannatonio said SBTech was selected due to its “deep regulatory expertise in the world’s most dynamic and demanding markets and the scalability to support our ambitious multi-vertical plans.”