PointsBet Secures Strategic Partnership with The Riverboat on the Potomac in Maryland

PointsBet to Provide Online and Retail Sports Wagering in the state of Maryland by way of an Exclusive Agreement with The Riverboat on the Potomac, Following Regulatory ApprovalCHARLES COUNTY, Md. and DENVER, June 10, 2021 /PRNewswire/ — PointsBet Maryland LLC (an entirely owned subsidiary of PointsBet Holdings Ltd.), a premier international on-line gaming operator and Official Partner of NBC Sports, right this moment introduced its plans to enter the not too long ago legalized Maryland sports activities wagering market by means of an unique settlement with Riverboat on-the-Potomac LLC, comprising Bodhi NAAV, LLC organized collectively with licensed Minority Business Enterprise (“MBE”) Delmock Technologies, Inc., dba Delmock Entertainment.(PRNewsfoto/PointsBet)The settlement shall afford PointsBet the privilege of partnering with the revered Riverboat on the Potomac, a licensed satellite tv for pc simulcast facility for horseracing and minority owned small enterprise positioned in Charles County, Maryland. Subject to regulatory approvals from the Maryland Lottery & State Gaming Control Agency and per the not too long ago enacted laws, the strategic partnership positions PointsBet and Riverboat on the Potomac to rapidly provide its best-in-market sports activities betting product in retail and on-line capacities in the state, as soon as permitted.”With terrific companions in The Riverboat on the Potomac, PointsBet is thrilled to start the course of towards providing the passionate, sports-loving group of Maryland with the quickest and most differentiated sports activities betting product throughout each buyer touchpoint,” commented Johnny Aitken, PointsBet USA CEO. “We sit up for rapidly and responsibly introducing sports activities bettors to the newly legalized aggressive benefits PointsBet possesses in proudly owning our know-how end-to-end, reminiscent of market-leading ease of use and the deepest slate of betting choices obtainable in the world.”PointsBet plans to convey its best-in-market proprietary know-how, modernized and premium model mentality, knowledgeable buying and selling practices, and confirmed progress advertising and marketing methods to Maryland’s keen sports activities betting market. The Riverboat on the Potomac, as soon as generally known as “Little Reno,” is a well-liked Off-Track Betting (OTB), keno, and licensed lottery retailer location uniquely located on the financial institution of the Potomac River.Story continues”We’re enthusiastic about this new endeavor, PointsBet will not be solely a global chief however has not too long ago confirmed to be an trade trailblazer. Their landmark settlement with the Riverboat on-the-Potomac has offered an unbelievable mannequin for the variety and inclusion of MBEs throughout the United States,” mentioned Winston DeLattiboudere, Co-Managing Member of the Riverboat Group. “We are proud to be partnering with a large that understands and believes in the worth of inclusiveness in each aspect of the trade, from the house owners to the bettors. Moreover, I’m so grateful to the Maryland General Assembly for passing laws which helped to make this monumental alternative a actuality. We sit up for a future crammed with phenomenal successes not just for our companions however for the residents of Maryland and their communities.”As the official, unique sports activities betting companion of NBC Sports, PointsBet will make the most of the media large’s premium tv and digital belongings to advertise the PointsBet model in Maryland. As a part of the settlement, NBC Sports gives PointsBet with year-round, multi-platform media and advertising and marketing alternatives throughout its unmatched portfolio of occasions, together with unique multiplatform gameday integrations throughout NBC Sports Washington, regional broadcast dwelling to the Washington Wizards and Washington Capitals. PointsBet’s full Spanish-language performance will attain Hispanic sports activities followers by way of Telemundo Deportes and Telemundo broadcast stations.About PointsBetPointsBet is one in every of the quickest rising on-line gaming operators in the nation and is quickly increasing its U.S. footprint, at present bringing its best-in-class proprietary know-how, modernized and premium model mentality, knowledgeable buying and selling practices, and confirmed progress advertising and marketing methods to the burgeoning sports activities betting markets of Colorado, Illinois, Indiana, Iowa, Michigan, and New Jersey. Originally based in Australia, PointsBet is a cutting-edge on-line gaming operator that prides itself on having the quickest and most user-friendly app (iOS and Android) whereas additionally offering the finest content material and expertise for sports activities bettors. PointsBet is the solely U.S. sportsbook to supply FactorsBetting – a singular and modern option to wager – and has additionally launched a slew of well-received, bettor-first initiatives. PointsBet affords the most markets on all main U.S. sports activities (NFL, NBA, WNBA, MLB, NHL) and FactorsBetting in the world. For extra info, go to www.PointsBet.com.About Riverboat on the PotomacThe Riverboat on the Potomac has been a staple of the local people for 28 years and is one in every of Maryland’s 4 Off-Track Betting services. Located in Colonial Beach on the Virginia aspect of the Maryland owned Potomac River, due to its distinctive location, many Marylanders are unaware of its contribution to the state and Charles County. The Riverboat is moored in Virginia, nonetheless, as a result of the betting lounge, restaurant, liquor retailer, and different services are positioned over the Maryland state line, the Riverboat contributes to Maryland lottery income and pays different Maryland state taxes. Somewhat- identified truth about Riverboat (aka Little Reno) is that between 1950-1968, it was one in every of just a few places in the nation the place slots machines had been obtainable. Visit www.riverboatonthepotomac.com for extra info.Media Contact:Patrick Eichner Director of Communications, PointsBet USA [email protected] unique content material to obtain multimedia:http://www.prnewswire.com/news-releases/pointsbet-secures-strategic-partnership-with-the-riverboat-on-the-potomac-in-maryland-301310130.htmlSOURCE PointsBet

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