The Venetian Resort Las Vegas introduced Thursday the debut of its new Yahoo Sportsbook, which shall be supported by William Hill know-how.
The Venetian Resort Las Vegas. A brand new Yahoo Sportsbook is now open there. (Picture: Journey Savvy)
The greater than 12,000-square-foot venue is situated on the principle on line casino ground of the Strip on line casino lodge and is the primary brick-and-mortar sports activities wagering venue to bear the Yahoo model. Whereas the web search firm isn’t synonymous with sportsbooks, it’s well-known to fantasy sports activities lovers and has a modest sports activities wagering footprint.
Its Yahoo Sports activities unit is without doubt one of the mother or father firm’s most worthwhile and visited items. It has the second-largest fantasy sports activities platform, behind solely ESPN, and has just lately tried to broaden its footprint within the sports activities wagering area.
This redesign pulls by the relaxed feeling of watching a recreation with your pals — plush sofas, lounge chairs, nice game-day eats with the comfort of betting powered by William Hill,” stated Venetian President and CEO Patrick Nichols in an announcement. “And thru the partnership with Yahoo, we’re certain to have further surprises in retailer for our company as we transfer into soccer season and past.”
The brand new sportsbook is a part of a broader $1 billion-plus transform of Venetian introduced final yr.
Attention-grabbing Background on Venetian Yahoo Sportsbook
These actively following the sports activities wagering trade know that Yahoo Sportsbook has an settlement with BetMGM, which can cause them to marvel why that branding is showing at a on line casino resort that isn’t operated by MGM Resorts Worldwide (NYSE: MGM).
Right here’s why Yahoo is smart because the model on the Venetian sportsbook. Non-public fairness large Apollo International Administration (NYSE: APO) operates the Strip property. It additionally owns 90% of Yahoo, with Verizon Communications proudly owning the opposite 10%.
As for the brand new sportsbook utilizing William Hill know-how, that’s attention-grabbing as properly as a result of Caesars Leisure (NASDAQ: CZR) controls that model within the US.
There’s some Apollo backstory there, too. In 2021, the non-public fairness agency was rumored to be a suitor for William Hill and later, its non-US belongings that had been bought by Caesars. Apollo didn’t win both prize. Nonetheless, Apollo has a long-running historical past within the gaming trade.
As we speak, along with working Venetian, it owns a Canadian on line casino firm and an Italian sportsbook operator, amongst different gaming belongings.
Venetian Yahoo Sportsbook Facilities
The brand new Venetian sportsbook incorporates a 1,770-square-foot LED video wall that can accommodate simultaneous viewing of as much as 40 video games. One other 30 televisions are discovered all through the venue, and there are two “Yahoo Fan Caves” that may be reserved for group occasions and events. Every fan cave can seat as much as 12 folks and has devoted meals and beverage service.
Talking of lodging, the sportsbook has 105 chairs and sofas along with its 29-seat bar. The bar additionally has 10 65-inch screens for sports activities viewing.
Black Faucet Craft Burgers & Beer and Noodle Asia are providing particular menus for the sportsbook.
