Casino operator Wynn Resorts has struck a US-facing sports betting deal with European mobile sportsbook and casino operator BetBull.
On Thursday, Wynn announced that it entered into a strategic partnership with the Malta-based, UK-licensed BetBull Ltd to “pursue sports betting opportunities in the emerging US market.” The idea is for BetBull to supply the technology, while Wynn supplies its “nationally recognized brand.”
As part of this new partnership, Wynn will take a 22.5% ownership stake in BetBull “in due course subject to customary closing conditions.” And that’s about all the parties had to say on the matter.
Wynn’s US operations are, for the moment, entirely based in Nevada, where it operates two resorts, Wynn Las Vegas and Encore Las Vegas, both of which already feature sportsbooks, including a Miomni-powered mobile wagering product.