RICHMOND, Va., March 16, 2021 /PRNewswire/ -- NASCAR partner
WynnBET, the digital gaming division of Wynn Resorts, has launched
the WynnBET mobile app in the Commonwealth of Virginia in conjunction with being awarded an
online sports betting permit in the state. WynnBET, an Authorized
Gaming Operator of NASCAR, is collaborating with NASCAR as part of
a multi-year national sports betting partnership to create and
promote engaging sports betting experiences for sports fans,
particularly race fans, in Virginia and across the United States.
"Our new partnership with Wynn Resorts is having a positive
impact as NASCAR advances its position in the rapidly evolving
gaming space," said Tim Clark, SVP
and Chief Digital Officer, NASCAR. "As we work closely with WynnBET
to deliver a state-of-the-art race engagement tool for our race
fans, we are grateful to the Virginia Lottery for leading this
process and we look forward to welcoming this new experience in
Virginia."
With the recent announcement from the Virginia Lottery, WynnBET
is now a legal gaming operator in the Commonwealth of Virginia, and the WynnBET mobile app has
launched for sports betting enthusiasts to register and use
throughout the state. Players who are 21 years of age or older can
now download the app on Apple or Android devices with a
$500 risk-free bet (terms and
conditions apply).
In 2020, the Virginia General Assembly passed legislation to
legalize sports betting and create the process for the Virginia
Lottery to grant online sports betting licenses. The WynnBET sports
betting license application highlighting the partnership with
Richmond Raceway and Martinsville Speedway was among 25 submitted
to the Virginia Lottery in October
2020. WynnBET is now one of six currently authorized in the
Commonwealth of Virginia.
WynnBET has launched a nationally-scaled sports betting business
that is built upon the strength of its best-in-class brand offering
with an innovative approach to sports betting products. WynnBET
offers unique products comprised of one-of-a-kind experiences,
unique social betting mechanics and a high-quality user experience
to drive engagement and to attract both new and existing loyal
customers.
To download images of Chris
Gordon (President Wynn
Development), Tim Clark
(Chief Digital Officer, NASCAR), Clay
Campbell (President, Martinsville Speedway) and Dennis Bickmeier (President, Richmond Raceway)
at Martinsville Speedway, click here.
NASCAR has deep-rooted history in Virginia, with two of its most iconic tracks,
Richmond Raceway and Martinsville Speedway, located in the state.
With Wynn's approval in Virginia,
WynnBET is now the Official Online Sportsbook of Martinsville
Speedway and Richmond Raceway, and will soon start the construction
of WynnBET Lounges at each venue. While sports betting occurs
through mobile devices located in the Commonwealth, the lounges
will be a venue to host customers of the WynnBET platform to enjoy
the hospitality for which both Wynn and NASCAR are known.
Martinsville Speedway and Richmond Raceway annually combine to host
four NASCAR Cup Series races per year, the most of any state in the
country.
"We congratulate our partners at WynnBET on being awarded an
online sports betting permit in the Commonwealth of
Virginia," said Clay Campbell, President Martinsville Speedway.
"Through our NASCAR partnership, we will work together to provide
fans with an unforgettable experience on and off the track as
WynnBET brings a new premium experience to our loyal race
fans."
"We welcome WynnBET, an Authorized Gaming Operator of NASCAR, as
a licensed mobile sports betting operator in Virginia," said Dennis
Bickmeier, President, Richmond Raceway. "We look forward to
working closely with WynnBET as they launch the premier sports
betting platform in the Commonwealth and expand our economic impact
across the state."
WynnBET has expanded its portfolio of bet types offered on
its mobile app this NASCAR season, including pre-race and in-play
bets. Future bet types currently being explored include
top-finishing drivers, driver matchups, stage winners and bets tied
to the number of the winning car (over/under), among others. As the
NASCAR season continues to unfold, WynnBET expects to expand its
offering to include live, in-play betting through a partnership
with Genius Sports and live betting product, Betgenius, as the
sport continues to strengthen its position around in-play sports
betting. For more information, visit WynnBET.com.
About Martinsville Speedway
Founded by H. Clay Earles in 1947, Martinsville Speedway is
the only NASCAR track to host NASCAR Cup Series races every year
since its inception in 1949. At .526 miles in length, the track
annually hosts two NASCAR race weekends featuring the NASCAR Cup
Series, along with NASCAR Xfinity Series and NASCAR Gander RV &
Outdoors Truck Series races in the fall. Martinsville Speedway also
annually hosts the ValleyStar Credit Union 300, the nation's
biggest, richest and most prestigious NASCAR Late Model Stock Car
race. For more information about Martinsville Speedway,
visit martinsvillespeedway.com.
About NASCAR
The National Association for Stock Car
Auto Racing (NASCAR) is the sanctioning body for the No. 1 form of
motorsports in the United States
and owner of 16 of the nation's major motorsports entertainment
facilities. NASCAR consists of three national series (NASCAR Cup
Series™, NASCAR Xfinity Series™, and NASCAR Camping World Truck
Series™), four regional series (ARCA Menards Series, ARCA Menards
Series East & West and the NASCAR Whelen Modified Tour), one
local grassroots series (NASCAR Advance Auto Parts Weekly Series)
and three international series (NASCAR Pinty's Series, NASCAR
Peak Mexico Series, NASCAR Whelen Euro Series). The International
Motor Sports Association™ (IMSA®) governs the IMSA WeatherTech
SportsCar Championship™, the premier U.S. sports car series. NASCAR
also owns Motor Racing Network, Racing Electronics, and
ONE DAYTONA. Based in Daytona Beach, Florida, with offices in eight
cities across North America,
NASCAR sanctions more than 1,200 races in more than 30 U.S. states,
Canada, Mexico and Europe. For more information
visit www.NASCAR.com and www.IMSA.com, and follow
NASCAR on Facebook, Twitter, Instagram, and Snapchat
('NASCAR').
About Richmond Raceway
Richmond Raceway is America's
Premier Short Track annually hosting two NASCAR race weekends,
featuring the NASCAR Cup Series and either the NASCAR Xfinity
Series or NASCAR Camping World Truck Series, on the iconic ¾-mile
D-shaped oval. Richmond Raceway is a regional leader for events
including sports, live music and consumer trade shows. The Richmond
Raceway Complex's 1,100 plus acre multipurpose facility hosts more
than 200 live events over 280 event days annually including
concerts with top national recording artists at Virginia Credit
Union LIVE!, the region's only covered amphitheater. For more
information, visit richmondraceway.com, richmondracewaycomplex.com,
or vaculive.com.
About WynnBET
WynnBET is the online gaming division of
Wynn Resorts (Nasdaq: WYNN) offering a world-class collection of
casino and sports betting mobile options for discerning players who
understand the difference between placing a bet and experiencing a
bet. WynnBET products are designed to digitally deliver the
legendary service and guest experience Wynn Resorts is known for,
backed by the Company's trusted legacy as the world's premier
international casino operator.
WynnBET is anchored by its eponymous mobile sports and casino
betting app providing one-of-a-kind experiences, unique social
betting mechanics, and a high-quality user interface. Currently
available in New Jersey,
Colorado, and Michigan, WynnBET is poised for rapid
expansion in 2021 with market access opportunities in ten states
and several pending license applications in process. WynnBET is
an Authorized Gaming Operator of NASCAR and proud partner of
the Memphis Grizzlies and Detroit Pistons, with more partnerships
to be announced. WynnBET was launched in 2020 and is headquartered
in Jersey City, New Jersey. For
more information, visit WynnInteractive.com or WynnBET.com.
Media Contacts:
Brent S.
Gambill, NASCAR Communications
bgambill@nascar.com; 804-306-5936
Chris Tropeano, NASCAR
Communications
ctropeano@nascar.com
Eric Kreller, WynnBET
Communications
eric.keller@wynnlasvegas.com; 702-770-3740
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