SBTech has signed its second major United States focused partnership agreement after the PASPA ruling, with Resorts Casino Hotel backing the sports betting solutions provider.
Delivering its sportsbook across retail, mobile and online channels to The Mohegan Sun property, situated on Atlantic City’s famous boardwalk, this move follows a recent “multi-jurisdictional partnership” inked with Churchill Down Incorporated.
Resorts, the US land based casino operator, is to incorporate certain similar parameters of that previous deal, leveraging SBTech’s platform for a full omni-channel offering, with a focus firmly placed on its “on-property solution to provide a land-based solution for the future”.
Richard Carter, Chief Executive Officer of SBTech, explained: “Our strategic partnership with Resorts represents the next stage of our long-planned penetration of the US market.
“SBTech’s renowned commitment to delivering leading-edge solutions across all channels, and intelligent responsible gaming infrastructure, will help us develop a sports betting offering that will benefit our partners and promote best practice and the strongest levels of consumer protection.”
Furthermore, this latest agreement will see a number of mobile product features also be incorporated, including Pulse Bet and YourBet, whilst Resorts is to also outsource its risk management and trading to SBTech.
Detailing the benefits of the latter, it was stated that the “proprietary trading operations will enable SBTech to implement a bespoke risk management strategy, allowing Resorts to achieve genuine differentiation in a crowded field, and be in full control of their liabilities and not be influenced by a wider pool-based risk management.”
Mark Giannantonio, President & Chief Executive Officer of Resorts Casino Hotel, concluded: “After conducting a comprehensive selection process to find the right sports betting supplier, we feel that SBTech offers the right combination of deep regulatory expertise in the world’s most dynamic and demanding markets and the scalability to support our ambitious multi-vertical plans.”