Full House Resorts, which operates five casinos in four states, has signed two new agreements to permit online and mobile sports wagering throughout Indiana and Colorado, where Full House runs its Rising Star and Bronco Billy’s hotel casinos, respectively.
Both deals are with WSI US, LLC, Wynn Resorts ‘ wholly-owned subsidiary, and the main operating company of online gaming and sports wagering.
In a press release last Friday, Daniel R. Lee, President and CEO of Full House Resorts said: “We are excited to partner with Wynn Resorts, allowing them to conduct mobile sports wagering throughout Indiana and Colorado.
“Wynn Resorts is renowned for its unparalleled focus on guest service and as the premier operator in the gaming industry. We are thrilled to see them bring their unique vision to the online space, beginning with the residents of — and many visitors to — Indiana and Colorado.”
Full House Resorts filed an 8-K with the SEC on September 24, summarizing the other sports wagering contracts it had previously made for Indiana and Colorado. With this partnership deal, the company has now used all the sports wagering incentives it has provided in those two states. For each of its casino licenses, the company has been licensed with three mobile skins (websites) and has already partnered in the two states with sports betting operators Smarkets and Churchill Downs.
Sports wagering in Colorado depends on ratification in a statewide referendum on November 5, 2019. In April, Wynn announced a partnership with Scientific Games which focuses on developing U.S. applications for online sports betting and iGaming, beginning with New Jersey.
In August, Lee told investors that he expects the business to see positive results as sports betting continues to spread across the U.S., as the Las Vegas Review-Journal noted. Sports wagering contributed $443,000 to operating revenue from sales alone during the first half of the year at the company’s Silver Slipper property located in Mississippi.