WynnBET secures market access in Ohio; awaits legalization & regulatory approvals

imagesource:glassdoor
imagesource:glassdoor

WynnBET, the casino and sports betting app from Wynn Resorts has secured accessto markets in Ohio. Ohio still awaits legalization of sports betting and moves are being taken in that direction.

However, acting pro-actively, WynnBET has announced that it has entered the marketplace and would be ready to get launched as soon as sports betting gets green signal in Ohio.

The company said its entry is subject to license eligibility and availability, legalization, and regulatory approvals.

Reportedly, Licenses would cost $200,000 every three years which includes $100,000 for application fee, $100,000 for license fee and the same fees would apply for renewal.

WynnBET is available New Jersey, Colorado, Michigan, Indiana, Iowa, Nevada and Massachusetts. It has also applied to be licensed in Tennessee and Virginia.