WynnBet Partners with Arizona Tribe
Luxury hotel and casinos operator WynnResorts has revealed that its online sports betting brand, WynnBet, has secured a partnership with the San Carlos Apache Tribe in the U.S. state of Arizona. The goal of the partnership is for WynnBet to attempt to secure an online sports wagering regulatory license in Arizona.
WynnResorts has revealed that its online sports betting platform, WynnBet, has signed a partnership with the San Carlos Apache Tribe in Arizona, in the hopes of winning a sports betting license in the state. ©manniguttenberger/Pixabay
WynnBet Sports Betting License Subject to Conditions
WynnBet, the online sports betting brand of luxury hotel and casino operator WynnResorts, has announced a recently-signed partnership together with the San Carlos Apache Tribe in the American Southwestern state of Arizona.
The terms of the agreement will see WynnBet work together closely with the Arizona tribe’s San Carlos Apache Tribal Gaming Enterprise to help secure the iGaming provider a license to operate online sports wagering in the state. The tribe currently runs the Apache Gold Casino and Apache Sky Casino.
Before WynnBet can be granted access to Arizona’s sports betting market, it is naturally subject to the availability and eligibility of the license, along with any other necessary regulatory approvals.
In the event that WynnBet wins the necessary approvals and successfully secures itself an online sports betting license, Arizona would be the operator’s 16th state in which it provides sports wagering or, at the very least, has future plans to.
WynnBet Continues Its Expansion into the U.S. Sports Betting Market
Online sports wagering platform WynnBet is enjoying increasing popularity and presence across the sports betting spectrum in the United States, already being active in states such as Colorado, Indiana, Michigan, New Jersey, Tennessee and Virginia, with market access in several more states.
Adding to its recent ventures, WynnBet announced last month its nascent corporate partnership with Major League Baseball team the Cincinnati Reds. In addition to the Reds, the operator is likewise an official partner of the NBA’s Memphis Grizzlies and Detroit Pistons, as well as being an authorized gaming operator of NASCAR and the official online sportsbook of the Martinsville Speedway and Richmond Raceway.
With sports betting still not yet legal in neither Ohio nor Kentucky, which are the bulk of the Cincinnati Reds’ local markets, WynnBet clarified in its press release that it hopes to use this deal to attain more fans in Indiana — a state in which the mobile sportsbook is currently also attempting to expand into.
As part of its deal with the Cincinnati Reds, WynnBet will receive access to use official Reds logos and branding in its online offerings, along with marketing assets in order to create co-branded promotional offers for sports bettors in Indiana. Fans will also be offered the opportunity to win tickets to Reds games, as well as team memorabilia during the course of select promotions.
Back in May 2021, Wynn Resorts also announced that its online subsidiary Wynn Interactive, operator of WynnBet itself, would be merging with the special purpose acquisition company (SPAC) Austerlitz Acquisition Corporation I. This means that it will subsequently become listed on the Nasdaq stock exchange.
WynnBet Announced Expansion into 7 States in January 2021
The announcement of WynnBet’s recent expansion into seven U.S. states arrived in mid-January 2021, which was a sign of a dramatic expansion into the American sports betting market on behalf of the online sports wagering provider.
Already active at the time in states such as Colorado and New Jersey, representatives from the company also used the announcement as an opportunity to tease the fact that WynnBet aims to pursue sports betting licenses in an additional 12 states where sports betting is currently legal.
Long overshadowed by competitors such as BetMGM, WynnBet has made clear that it is prepared to make some serious moves in 2021. If it manages to make good on its plans to expand into a further 12 states this year, this will bring WynnBet’s presence up to a total of 21 states.
Add Tennessee to the Expanding List of WynnBet Operations
Soon after its initial January 2021 announcement, WynnBet made good on its promises to keep expanding into the U.S. market with the reveal of its conditionally green-lit Tennessee sports betting license in February.
The decision to grant WynnBet conditional approval to offer sports betting in Tennessee was granted by the Sports Wagering Committee, part of Tennessee’s Education Lottery Corporation’s Board of Directors.
The online sports betting app provider simultaneously signed with cherished local NBA team the Memphis Grizzlies, with the collaboration taking place across both digital and broadcast media spectrums.
WynnBet’s presence in Tennessee marked the ninth state it has been conditionally approved to operate in, at least at the time. The recent news concerning its partnership with the San Carlos Apache Tribe in Arizona should increase hopes for an Arizona sports betting license in the near future. What the rest of 2021 looks like for WynnBet remains to be seen — though it does indeed appear promising.
