WynnBet’s online sports betting app is now live in Louisiana with an official announcement from the parent company Wynn Resorts expected on Thursday, 10th February.
WynnBet becomes the state’s seventh live sports betting app and joins Barstool Sportsbook, BetMGM, Caesars Sportsbook, DraftKings, FanDuel, and Rush Street Interactive in Louisiana.
The company gained market access to the state through a deal with Horseshoe Casino in Bossier City, a property owned by one of its sports betting competitors Caesars Entertainment. The partnership was announced in September 2021 prior to the state’s sports betting launch.
Louisiana launched retail sports betting on October 31st 2021 while mobile sports betting took a little longer to get off the ground. In December the Louisiana Gaming Control Board approved licenses for the original six mobile sports betting operators who launched on January 28th 2022.
The Louisiana Lottery has yet to launch its sports betting product but hopes that it will be ready some time in early 2022.
The news of WynnBet’s launch in Louisiana comes just a few weeks after reports emerged that Wynn Resorts was seeking to offload its sports betting business for $500 million, a drop of 85% from the $3.2 billion valuation floated for the business in late 2021.
Olivia has worked as an editor and writer for major brands across multiple niches. She now focuses on the iGaming and sports betting industries.