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(NYSE: VICI), Bally’s Corporation, formerly Twin River Worldwide Holdings, has additionally agreed a deal to acquire Las Vegas-based sports betting technology company Bet. Doubledown Casino Slots On Facebook Bumu Works for 5 million, while also securing a long-term strategic partnership with Sinclair Broadcast Group. Upon completion of the Bet. Works deal, the business will be restructured into two individuacasino free games appl 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. Works’ sports betting operations, including new and existing sports betting and iGaming contracts. Significant presence:Currently, the firm [Bet. Online Casino Works] is the sports betting platform provider for operators in New Jersey, Iowa, Indiana and Colorado. Online Casino Online Casino

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The acquisition will see Bally’s Corp. take ownership of the provider’s proprietary technology stack and turnkey solutions, including marketing, operations, customer service, risk management and compliance tools. Online Casino 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. 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 casino free games appcustomers with an omni-channel approach, combining the best of our physical properties with a superior online experience. Online Casino

”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. Online Casino Works have reportedly agreed to hold for a year minimum. Online Casino Online Casino President and Chief Executive Officer for Bally’s Corporation, George Papanier, commented…“We are very excited to welcome Bet. Online Casino Works to the Bally’s family. Online Casino Apps With Live Blackjack 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. “David Wang and his team at Bet.

Works have already demonstrated impressive growth and the ability to execute while creating a differentiated platform. Online Casino 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. Online Casino Works, David Wang, will serve as the CEO of Bally’s Interactive upon finalization of the transaction. Online Casino The new operating division will integrate Bet. Works’ team of 130-plus employees across three offices, including socasino free games appme 90 engineers, into its interactive operations. Also in the works, Bally’s Interactive plans to open a Rhode Island-based technology development center by the end of 2021.

Bally’s Interactive:Wang said…“We are pleased to be joining the Bally’s family, which has demonstrated a remarkable track record of growth and diversification with a proven management team. We remain committed to creating the world’s best sports entertainment products, as well as delivering innovative and ex he innovator used an official Tuesday press release published by European Gaming Media and Events to declare that the launch of the three-row title marks a ‘new chapter’ in its history with iGaming aficionados now able to Online Casino