Full House Resorts of Las Vegas has concluded agreements that will allow the regional casino operator to offer sports betting at its casinos in Indiana and Colorado.
The deals with Churchill Downs, Wynn Resorts and British betting exchange operator Smarkets will bring sports wagering to the Rising Star Casino Resort in Rising Sun, Indiana, and Bronco Billy’s in Cripple Creek, Colorado, where the state’s voters last week narrowly approved legalization.
The agreements call for Full House to receive a onetime $3 million access fee for the Indiana book and $3 million for Colorado plus a minimum of $7 million annually from commissions at the two operations.
Full House said the revenue injections will help finance an expansion with a parking garage project at Bronco Billy’s and support a bid the company has submitted for a gaming resort planned in Waukegan, Illinois.
The company also operates a sportsbook at its Silver Slipper Casino Resort in Bay St. Louis, Mississippi.
Nasdaq-listed Full House based also has a casino in Fallon in central Nevada and operates the casino, poker room and sports book at the Hyatt Regency Resort, Spa and Casino on Lake Tahoe.
