Major US land casino operator Wynn Resorts revealed Thursday that it is partnering with European mobile sportsbook and casino operator BetBull to compete in the burgeoning US sports betting sector.
Based in Malta and licensed by the UK Gambling Commission, BetBull will provide the necessary technology for the partnership, whilst Wynn will contribute its strong brand and expertise in the US gambling industry, where it operates two major land casinos in Nevada.
Both of these assets run sportsbetting activity which includes mobile betting using Miomni technology; it is not clear how this will fit in with the new arrangements.
Wynn is also working on a third major undertaking, investing $2.4 billion in Boston, Massachusetts to launch Encore Boston Harbour once the state's licensing and regulatory structures have been completed and are in place.
The sports betting agreement requires Wynn to eventually take up a 22.5 percent stake in BetBull.