WynnBET Online & Mobile Sportsbook Launches in New York

Rhea-AI Summary

WynnBET, the online sports betting platform of Wynn Resorts, has launched its services in New York, marking a significant expansion. Players can download the app and benefit from a promotional offer of Bet $10, Win $200. This launch aligns with Wynn's growth strategy, tapping into the large Wynn Rewards membership in New York. WynnBET is now operational in eight states, with plans for further expansion into Iowa and Louisiana. The entry into New York is a strategic move supported by partnerships with local tribes, enhancing the brand's presence in the competitive online gaming market.

Positive

• Launch in New York enhances market presence.
• Promotional offer may attract new users.
• Connects to existing Wynn Rewards members, fostering customer loyalty.
• Operational in eight states with expansion plans in Iowa and Louisiana.

Negative

• None.

LAS VEGAS, Feb. 4, 2022 /PRNewswire/ -- WynnBET (Nasdaq: WYNN), the online sports betting and casino ("iGaming") app from the global leader in luxury hospitality, Wynn Resorts, announced on Friday that its online sports betting platform is live in the state of New York. Players in New York can download WynnBET on the Apple App and Google Play Store, or visit https://ny.wynnbet.com/sportsbook to begin wagering.

"WynnBET beginning operations in New York is a monumental step in the growth of our company," Wynn Interactive President Ian Williams said. "New York represents a significant population of our Wynn Rewards membership, and we are confident in our ability to compete in this market by providing the first-class service and gaming experiences synonymous with the Wynn Resorts brand."

WynnBET New York patrons will gain immediate access to Wynn Rewards, providing them with a variety of real-life experiences and benefits that can be used at Wynn Resorts' properties. Existing Wynn Rewards members will be able to connect their accounts to WynnBET upon completing registration.

New York patrons will be able to take advantage of a new player offer, Bet $10 Win $200. If a player completes registration, makes at least a $10 deposit, and places a $10 first-time straight bet or parlay wager, they will receive $200 in free bets*.

New York is the eighth state in which WynnBET is currently live in, joining Arizona, Colorado, Indiana, Michigan, New Jersey, Tennessee and Virginia. WynnBET will also launch in Iowa and Louisiana in the near future. WynnBET secured market access in New York in partnership with the Oneida and St. Regis Mohawk compacted tribes as part of a consortium of operators.

To learn more about the one-of-a-kind experiences available to WynnBET players and Wynn Rewards, please visit https://www.wynnbet.com/wynn-rewards/. Please visit www.WynnBET.com for additional information.

*Terms and Conditions apply to all promotions.

About Wynn Interactive
Wynn Interactive is the online gaming division of Wynn Resorts, Ltd. (Nasdaq: WYNN) offering a world-class collection of casino and sports betting mobile options for discerning players who understand the difference between placing a bet and experiencing a bet. Wynn Interactive products, which operate under the WynnBET, WynnSLOTS, and BetBull brands, are designed to digitally deliver the legendary service and guest experience Wynn Resorts is known for, backed by the Company's trusted legacy as the world's premier international casino operator.

WynnBET is anchored by its eponymous mobile sports and casino betting app providing one-of-a-kind experiences, unique social betting mechanics, and a high-quality user interface. Currently available in Arizona, Colorado, Indiana, Michigan, New Jersey, New York, Tennessee and Virginia, WynnBET is poised for rapid expansion with several pending license applications in process. WynnBET is an Approved Sportsbook Operator of the NFL, an Authorized Gaming Operator of NASCAR, MLB and NBA, and proud marketing partner of several NFL, NBA and MLB teams. For more information, visit www.wynninteractive.com or www.WynnBET.com.

Media Contact: 
Seth Medvin, WynnBET
702-770-7832
seth.medvin@wynnbet.com

Investor Relations:
Vincent Zahn, Wynn Resorts
702-770-7555 
investorrelations@wynnresorts.com

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SOURCE WynnBET

FAQ

What is the significance of WynnBET's launch in New York?

WynnBET's launch in New York represents a strategic expansion into a significant market, tapping into a large population and existing Wynn Rewards members.

What promotional offers are available for WynnBET users in New York?

New users can take advantage of a Bet $10, Win $200 offer upon registration and making a qualifying deposit.

Which states currently have WynnBET operations?

WynnBET is currently operational in Arizona, Colorado, Indiana, Michigan, New Jersey, New York, Tennessee, and Virginia.

What partnerships support WynnBET's entry into New York?

WynnBET secured market access in New York through partnerships with the Oneida and St. Regis Mohawk compacted tribes.