Done Deal: Caesars Announces Acquisition of WynnBET’s iGaming Operation in Michigan

  • 📰 Covers
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 59%

Business News News

Business Business Latest News,Business Business Headlines

Michigan is one of three states, along with Pennsylvania and New Jersey, to have produced at least $5 billion all-time in iGaming revenue.

Caesars Entertainment has completed the previously announced deal to acquire WynnBET’s iGaming market access in Michigan. that it has secured a long-term rights extension through the Sault Ste. Marie Tribe of Chippewa Indians to operate iGaming in the Wolverine State.

The WynnBET platform will continue without anticipated interruption to customers for now, Caesars said. A transition to a new online casino brand is scheduled for the second half of 2024, pending regulatory approvals. Caesars owns naming rights to several gambling brands under its umbrella like Horseshoe, Harrah’s, Tropicana, and Planet Hollywood, among others.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 341. in BUSİNESS

Business Business Latest News, Business Business Headlines