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HomeFinTechBlueBet: Secures market access in fourth US state, Indiana

BlueBet: Secures market access in fourth US state, Indiana

BlueBet Secures market access in fourth US state, Indiana

  • BlueBet (BBT) expands its presence in the US with a new agreement with Horseshoe Hammond casino to operate in Indiana
  • Through its Indiana subsidiary, Blue Bet signed a market access agreement with the casino which is owned by global casino giant, Caesars Entertainment
  • If regulatory approval and licensing is granted, the deal will see Blue Bet operate a new online sportsbook in Indiana under its ClutchBet B2C brand for an initial ten-year term
  • It adds to BBT’s access agreements in Iowa, Colorado and Louisiana, which together, the company says provides a platform to launch the first phase of its US entry strategy
  • BBT shares are up up 18.1 per cent trading at 55.5 cents at 1:05pm AEST
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