Wynn resorts announces reduction of wynnbet markets

Las vegas--(business wire)--wynn resorts, limited (nasdaq: wynn) announced today its decision to close its online sports betting and igaming platform, wynnbet, in certain jurisdictions. “in light of the continued requirement for outsized marketing spend through user acquisition and promotions in online sports betting, we believe there are higher and better uses of capital deployment for wynn resorts shareholders,” said julie cameron-doe, chief financial officer of wynn resorts. “while we believ.
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