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Works for 5 million, while also securing a long-term strategic partnership with Sinclair Broadcast Group. Online Casino Upon completion of the Bet. Online Casino Works deal, the business will be restructured into two individuawheel of fortune free spins no depositl operating divisions, with Bally’s Casinos responsible for the company’s physical gaming and entertainment properties, and Bally’s Interactive to encompass all of Bet. Online Casino Works’ sports betting operations, including new and existing sports betting and iGaming contracts. Online Casino Significant presence:Currently, the firm [Bet. Online Casino Works] is the sports betting platform provider for operators in New Jersey, Iowa, Indiana and Colorado. Free Spins No Deposit Online Casino Umoz The acquisition will see Bally’s Corp. Fair Go Casino Reviews Yxbx take ownership of the provider’s proprietary technology stack and turnkey solutions, including marketing, operations, customer service, risk management and compliance tools.

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Through the deal, the operator aims to become “the premier, full-service, vertically integrated sports betting and iGaming company in the US”, using the solutions to power both proprietary and third-party offerings. Online Casino Online Casino Described by Chairman of Bally’s Corporation’s Board of Directors Soo Kim as the “next step” in the “company’s evolution,” the acquisition will see the operator’s casino portfolio significantly expanded. Online Casino After all pending transactions are finalized, the firm’s network will comprise 14 casinos across 10 states. Kim said…“By combining our expanding national footprint of casinos, the recently acquired Bally’s brand, and Bet. Works’ proprietary technology stack, we have evolved in just a few short years from a regional casino operator into the first US gaming company committed to serving our wheel of fortune free spins no depositcustomers with an omni-channel approach, combining the best of our physical properties with a superior online experience. ”Evolving product suite:Expected to close during the first quarter of 2021, the transaction will consist of 50 percent cash and the remaining 50 percent in Bally’s common stock, which shareholders of the Rhode Island-based Bet. Works have reportedly agreed to hold for a year minimum. President and Chief Executive Officer for Bally’s Corporation, George Papanier, commented…“We are very excited to welcome Bet.

Works to the Bally’s family. Online Casino Owning Bet. Online Casino Works’ superior technology platform will not only give Bally’s a long-term margin advantage online, but, more importantly, will also allow us to evolve our interactive product suite to go where sports betting and iGaming customers are headed quickly. Online Casino “David Wang and his team at Bet. Works have already demonstrated impressive growth and the ability to execute while creating a differentiated platform. We are very pleased to bring this technology to our more than 14 million active customers who will experience Bally’s Casinos and Bally’s Interactive as a unified brand with a single player card and rewards system. ”Founder and Chief Executive Officer for Bet. Works, David Wang, will serve as the CEO of Bally’s Interactive upon finalization of the transaction.

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