The future of legal sports betting in the Old Line State will be one operator smaller.
One of the deciding factors for Wynn was maintaining mobile wagering in states where it has brick-and-mortar casinos, as WynnBET has failed to carve out a big share of the market as an online operator alone.
The company is also keen on jurisdictions that have legalized online casino gambling, which remains far more niche than legal sports betting in the U.S. While Maryland is studying the possibility of legal iGaming, it has yet to take the plunge. “In light of the continued requirement for outsized marketing spend through user acquisition and promotions in online sports betting, we believe there are higher and better uses of capital deployment for Wynn Resorts shareholders,” said Julie Cameron-Doe, Wynn’s chief financial officer, in.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Maryland Begins New Fiscal Year With 11.5% Hold From Sports BettingThe 11 online sportsbooks and 10 brick-and-mortar locations combined to report a handle of $247.4 million — which is down a slight 2.8% from the previous month — according to figures released by Maryland Lottery and Gaming.
Weiterlesen »
What awaits Mobile with a $202 million Mobile Civic Center rehabJames DeLapp, executive director of Mobile's public works department, detailed Tuesday some of the timeline and plans for the Mobile Civic Center project that at least one council member calls 'premature.'
Weiterlesen »
Best sports betting apps and mobile sportsbooksLearn all about the Best Sports Betting Apps to use when wagering on sports via your phone or tablet in the USA in 2022.
Weiterlesen »
Sports Medicine News -- ScienceDailySports medicine. Read the latest research on competitive and recreational sports, including information on the occurrence and treatment of sports injuries.
Weiterlesen »
With an experienced QB in Taulia Tagovailoa, Maryland is aiming higher this seasonWhen Maryland coach Michael Locksley said at a Big Ten media day that the Terrapins are ready to compete for a conference title, it was an indication of how far the program has come.
Weiterlesen »
Parents cannot challenge Maryland school's gender identity policy, court rulesFederal appeals court rules that a group of parents could not challenge a Maryland school district’s policy against telling parents if their children identify as transgender or gender-nonconforming.
Weiterlesen »