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2024-04-27 19:56:04
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merican casino operator Century Casinos Incorporated has announced the signing of an agreement that is due to give British sportsbetting giant Bet365 access to the nascent online sports wagering market of Colorado.”Growing presence:The online news domain at LegalSportsReport. The provider purportedly also has a similar deal in place with New York’s Resorts World Catskills should that state ever legalize sports wagering....
The jurisdiction is home to 17 land-based casinos and has so far witnessed the launch of six online sports wagering services run by the likes of MGM Resorts International, DraftKings Incorporated and the Rush Street Interactive subsidiary of Rush Street Gaming. It moreover stated that the Stoke-on-Trent-based firm has now become its ‘second Internet sportsbetting operator partner’ following the February signing of an analogous deal with Nevada’s Circa Sports and that it now ‘has one more master license available’ for sale.The Colorado Springs-headquartered firm used an official Tuesday press release to detail that the ten-year arrangement will allow Bet365 to operate an own-branded online and mobile sports wagering service for punters in ‘The Centennial State’ in exchange for agreeing to hand over a percentage of the coming facility’s annual net gaming revenues....
Double delight:Century Casinos Incorporated is responsible for land-based casinos in the Colorado communities of Cripple Creek and Central City and declared that the alliance with Bet365 additionally contains ‘a minimum annual revenue guarantee’ and had involved the sports wagering provider handing over an ‘advance fee’.Read a statement from Century Casino Incorporated…“Bet365 will complete the necessary application and approval process with the state of Colorado.” Within the first full fiscal year of the program, lottery sales for traditional/brick-and-mortar retailers surpassed the prior fiscal ...
It will operate an Internet and mobile sportsbetting application under the Bet365 brand.Developed and powered by Las Vegas-based Scientific Games Corporation (NASDAQ: SGMS), the Northeastern US state’s digital lottery program has easily eclipsed any previous iLottery launch in North America and is also on the way to surpassing billion in annual sales. However, the domain reported that this dominance has yet to translate to the United States despite the fact that the operator regularly generates annual company-wide revenues of almost billion and streams in excess of 190,000 events each year....
It will operate an Internet and mobile sportsbetting application under the Bet365 brand. The state’s Lottery has since 1972 contributed nearly billion to programs benefitting the demographic. The provider purportedly also has a similar deal in place with New York’s Resorts World Catskills should that state ever legalize sports wagering....
