Century Casinos partners with bet365 for online sports betting in Colorado
Century Casinos announced on Tuesday that it has finalized an agreement with bet365 to become the company's second internet sports betting operator partner in Colorado after obtaining, through a subsidiary, its master license with the state.
bet365 will complete the necessary application and approval process with state authorities to operate an internet and mobile sports betting application under the bet365 brand.
The online sportsbook operations deal with bet365 is a 10-year agreement that includes a minimum annual revenue guarantee and a percentage share of net gaming revenue payable to the company each year, with an advance fee being paid on contract signing.
In November 2019, Colorado voters approved Proposition DD ratifying state legislation approving sports wagering throughout the states. Rules were approved by the Colorado Division of Gaming in February 2020.
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