Wynn – See the Reality https://www.seethereality.com Official Crypto News Website Wed, 14 Feb 2024 10:34:29 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 https://www.seethereality.com/wp-content/uploads/2023/03/cropped-onlinelogomaker-032123-0229-2177-32x32.png Wynn – See the Reality https://www.seethereality.com 32 32 ESPN Wager launches in New York, Penn’s $25m take care of Wynn https://www.seethereality.com/?p=69142 https://www.seethereality.com/?p=69142#respond Wed, 14 Feb 2024 10:34:28 +0000 https://www.seethereality.com/?p=69142

Penn Leisure acquires Wynn Resorts’ New York licenses in a $25m deal. Pending regulatory approvals, Penn anticipates the ESPN Wager model’s launch in New York in 2024.

Penn will buy Wynn’s WSI US, LLC for $25m, acquiring WynnBet licenses from the New York State Gaming Fee. This secures cellular sports activities betting market entry for Penn, positioning ESPN Wager amongst New York’s 9 on-line sports activities betting manufacturers.

Current energetic manufacturers embody FanDuel, DraftKings, Bally Wager, BetMGM, Caesars Sportsbook, Fanatics Sportsbook, Resorts World Wager, and BetRivers.

Penn CEO and president Jay Snowden, stated:

This is a crucial growth that can deliver ESPN Wager to the biggest regulated on-line sports activities wagering market in North America. Along with ESPN, we’re constructing a model that’s synonymous with sports activities betting, and working within the New York market is vital as we develop ESPN Wager throughout the US.

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