Why Is Wynn Interactive No Longer Going Public Via SPAC?
Wynn announced Friday that its deal with Austerlitz Acquisition Corp had been terminated, but gave no explanation as to why. Read More
Posted on: November 15, 2021 |
Wynn Switches Sports Betting Plan, Aims Not To Lose ‘Lots Of Money’
Wynn Interactive is on track to lose around $200 million across Q3 and Q4 but will scale back spending dramatically next year. Read More
Posted on: November 12, 2021 |
Caesars App Launch Grows Louisiana Sports Betting Push
Online Louisiana sports betting might still be weeks away, but Caesars Sportsbook is getting ahead in the state. Bettors can prepare for online Louisiana sports betting with Caesars Sportsbook first available for download. That online launch, however, might not come for several weeks, according to Ronnie Johns, chairman of the Louisiana Gaming Control Board. Johns told […] Read More
Posted on: October 22, 2021 |
WynnBET Gains Louisiana Sports Betting Access Through Competitor
WynnBET will be among the sportsbook options when online Louisiana sports betting launches. WynnBET gained access through Caesars, according to an industry source. The company announced the LA sports betting market access last week. Louisiana Gaming Control Board Chairman Ronnie Johns recently told LSR Louisiana sports betting will likely start within a few weeks. However, Johns also […] Read More
Posted on: October 6, 2021 |
Seven US Sportsbooks Back Another California Sports Betting Initiative
FanDuel, DraftKings and BetMGM were among seven US sportsbooks backing a plan to put CA mobile sports betting on the ballot in 2022. Read More
Posted on: August 31, 2021 |
Who Are Big Winners From Latest NFL Betting Partnerships?
The NFL added BetMGM, PointsBet and WynnBet to its roster of NFL betting partners, but Genius Sports may be the real winner. Read More
Posted on: August 30, 2021 |
The Week In Sports Betting News: Turn Those Ears To The Street
Happy Monday, folks. Sports betting news turned a bit ugly this weekend with the allegations against NHL forward Evander Kane of wagering on hockey, including his own games. Kane denies the charges levied on social media by his estranged wife. Certainly there is more to come as the league investigates. The LSR Podcast looked at some […] Read More
Posted on: August 2, 2021 |
Can Anyone Crack The Social Sports Betting Code In US?
US start-up Wagr is the latest company to try and socialize sports betting. Will it have any more success than its predecessors? Read More
Posted on: July 8, 2021 |
WynnBet Secures Arizona Sports Betting Access With San Carlos Apache Tribe
WynnBet is making its play for Arizona sports betting market share, partnering with the San Carlos Apache Tribe. Wynn Resorts announced the partnership Friday morning. The access to the Arizona market is the 16th state in WynnBet‘s portfolio. Arizona sports betting is expected to launch Sept. 9. The state continues to progress on regulations, as the […] Read More
Posted on: July 2, 2021 |
Wynn Interactive Set To Be Publicly Traded After Merger With Foley SPAC
Wynn Resorts is spinning off its sports betting and iGaming subsidiary, Wynn Interactive, into an independent company. The move led off Wynn’s first-quarter earnings call Monday. The spinoff comes through a merger with Austerlitz Acquisition Corp. I and the company will trade on Nasdaq under the symbol WBET. The symbol is a nod to its […] Read More
Posted on: May 11, 2021 |