Main worldwide sports activities betting supplier guess365 is about to increase its presence in the US by way of a take care of New York-listed on line casino operator Century Casinos.
The settlement introduced Tuesday provides guess365 entry to Colorado’s on-line sports activities betting market as Century On line casino’s second on-line sports activities betting accomplice within the state, following Century’s earlier settlement with Circa Sports activities.
guess365, which is already licensed in New Jersey, will now search license approval in Colorado to supply on-line sports activities betting underneath the guess365 model.
The 10-year market entry settlement with Century Casinos gives the on line casino operator with an upfront fee and a proportion share of internet income, topic to a minimal annual income assure.
The agreements with Circa Sports activities and guess365 go away Century Casinos with one remaining obtainable license for on-line sports activities betting in Colorado.
Shares in Century Casinos (NASDAQ:CNTY) closed up 3.78 per cent at $4.12 per share in New York Tuesday.