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GGRAsia > Industry Talk > Sci Games in sports bet, iGaming deal with Wynn Resorts
Industry TalkLatest News

Sci Games in sports bet, iGaming deal with Wynn Resorts

Newsdesk Published April 17, 2019
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Scientific Games Corp, a United States-based provider of casino equipment, betting management services and digital gaming products, says it has linked with casino operator Wynn Resorts Ltd, “to support the launch of Wynn Resorts’ unique digital sports betting and iGaming applications in the United States.”

A Tuesday press release from Scientific Games on the topic added: “Wynn Resorts intends to initially launch in New Jersey and utilise several Scientific Games products and services…”

These included “a sports betting and iGaming system; a managed sports trading service and Scientific Games’ market-leading content aggregation system that is home to more than 2,000 digital games such as ’88 Fortunes’, ‘Raging Rhino’, ‘Zeus’ and more”.

With regard to the legal status of online sports betting in the U.S. – outside the context of sports books operated for some time in certain licensed bricks and mortar casinos – in May last year the U.S. Supreme Court overturned a de facto ban that had been in place under the Professional and Amateur Sports Protection Act.

A number of U.S. states, including Nevada and Atlantic City, now offers this form of outside-casino gambling, but the prospect for nationwide liberalisation of such business is still unclear. Nonetheless, service providers have been ramping up efforts to be ready for wider liberalisation than exists currently.

In October last year, Wynn Resorts – the parent of Macau casino operator Wynn Macau Ltd – said it had a “strategic partnership” with BetBull Ltd, a Europe-based digital sports betting operator, “to pursue sports betting opportunities in the emerging U.S. market”.

At the time, Wynn Resorts said it was to take a 22.5 percent equity stake in BetBull on a fully-diluted basis.

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