WynnBet is enhancing the experience of its users, especially those who reside in those six jurisdictions where the venture has just launched its new sports betting application. Jurisdictions include Indiana, Colorado, Arizona, Tennessee, Louisiana, and Virginia. Residents of these regions, or users from these jurisdictions, will now have access to new betting markets through a single platform. Moving forward, WynnBet aims to further extend its reach to New York and New Jersey.
Additionally, its online betting services are live in 11 states of the US. Some of these states are West Virginia, Massachusetts, and New York, with all of them being the largest online gaming markets in the country.
While the sports betting platform will go live in New York and New Jersey in the days to come, it will later go live in Michigan by the end of this year. Simply put, WynnBet has just expanded, and it is aiming to expand to more regions in the times to come. The ones to receive all the benefits will be its users. Existing users already have access to its near-instant deposit & withdrawal services along with new betting markets. Those who register at WynnBet will also have access to these offerings.
According to the betting news, Ian Williams from WynnBet Sports Interactive has said that they are thrilled with the launch of the platform in 6 new jurisdictions. The President of the venture has added that they are committed to continue providing a 5-star experience to their users from all the states where their operations are live.
Ian Williams has thanked everyone involved in the expansion – regulators & team members – for their contribution to making the expansion a reality in a short time.
The plans drafted by WynnBet are driven by its financials for the first quarter of 2023. Wynn Resorts, its parent company, reported an increase in operating revenue and net Income. The figures were $1.42 billion and $12.3 million respectively. Both are an increase when compared to the same quarter from the previous year.
Operative revenue for Q1-2023 was $953.3 million. Net Income for the same period was $183.3 million.
However, all of it is not as bright as it looks, for WynnBet is still seeking to register profitability from sports betting. Online casino offerings and sports betting were down in terms of operative revenue by $2.4 million when compared to the same quarter of 2022. Numbers for the second quarter of 2023 are expected to be made public by WynnBet on August 09, 2023.
Having said that, any user who is registering at WynnBet for the first time may want to look out for a couple of promotions. For instance, Bet $100, Get $100 is a promo where users have to make a bet of at least $100. This will qualify them for a $100 bet credit. Similarly, another promotion being run by WynnBet at the moment is Bet $100, Get $50 Bet Credit Plus $50 Casino Bonus.