NASCAR, Wynn Deal Could Lead to Betting Lounges
Posted On: November 2, 2020 By :NASCAR and WynnBET, the digital gaming division of Wynn Resorts Ltd. responsible for Wynn’s mobile sportsbook and casino app, have announced a multiyear national sports betting partnership that could lead to betting lounges at two tracks in Virginia. As an authorized gaming operator of NASCAR, WynnBET will collaborate with the racing series to create and promote sports betting experiences for racing fans across the United States.
“We’re excited to partner with such a deeply experienced and innovative team to drive engagement and expand our sports betting offerings,” said Tim Clark, NASCAR’s senior vice president and chief digital officer. “Wynn is a trusted and iconic brand and our new relationship advances NASCAR’s position in the rapidly evolving gaming space while delivering fans with yet another live-in race engagement tool.”
As NASCAR’s season reached its penultimate race in Martinsville, Virginia, this past weekend, WynnBET also formally submitted an application to become a legal gaming operator in the state of Virginia. The Virginia state legislature legalized sports betting earlier this year and could grant up to 12 online sports betting licenses by the end of the year.
“Like Wynn, NASCAR is an iconic brand,” said Craig Billings, president of Wynn Resorts. “Together, Wynn Interactive and NASCAR will provide sports bettors in Virginia with one-of-a-kind experiences, both digitally and at NASCAR facilities in the Commonwealth.”
Pending Wynn’s approval from the state, WynnBET will become the official online sportsbook of Martinsville Speedway and Richmond Raceway, which would result in the construction of WynnBET Lounges at each venue. Martinsville Speedway and Richmond Raceway will combine to host four NASCAR Cup Series races per year during the 2021 season, which is the most races in any one state.
“We take great pride in providing fans with an unforgettable experience at our racetrack and WynnBET is best-in-class in delivering a premium experience to its customers,” said Clay Campbell, president of Martinsville Speedway. “We are excited about what this new venture could mean for the Commonwealth of Virginia and for our loyal fans visiting our track in the years to come.”
Among the NASCAR bet types being explored by NASCAR and Wynn are top-finishing drivers, driver matchups, stage winners and bets tied to the number of the winning car (over/under), among others.
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