Business News

US Gaming operator Golden Entertainment has expanded its relationship with William Hill to cover sports betting operations in Nevada, Maryland and Montana.

William Hill currently manages Golden Entertainment's race and sports betting operations at Pahrump Nugget Hotel & Gambling Hall in Nevada, as well as deposit kiosks at 80 taverns and third party distributed gaming locations in the state.

Under the expanded agreement, William Hill will also manage the operator's race and sports books at Stratosphere Casino, Arizona Charlie’s Decatur and Arizona Charlie’s Boulder in Las Vegas and Aquarius Casino Resort in Laughlin, Nevada. It will also continue to operate the race and sports books at Edgewater and Colorado Belle casino resorts in Laughlin following their acquisition by Golden Entertainment.

The agreement provides for at least 100 William Hill mobile deposit kiosks at Golden Entertainment’s wholly-owned taverns and third party distributed locations in Nevada, and also includes possible sports betting opportunities in Maryland and Montana, subject to enabling legislation in each state.

"We are excited to expand our current relationship with William Hill, which has a proven sports wagering platform not only in Nevada but around the world," said Golden Entertainment chief operating officer Steve Arcana. "We look forward to growing our business in Nevada and other jurisdictions through this partnership."

Joe Asher, chief executive of William Hill US, added: "Since entering the United States, William Hill has had an excellent relationship with Golden Entertainment and we look forward to continuing it for many years to come in Nevada and elsewhere as opportunities arise."

Shares in Golden Entertainment Inc. (NSQ:GDEN) closed in New York Tuesday down 0.20 per cent at $24.69 per share, while shares in William Hill plc. (LSE:WMH) were trading up 0.48 per cent at 251.60 pence per share in London Wednesday morning.