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The Venetian Las Vegas Hotel launches new Yahoo! Before sports betting

Venetian Las Vegas opens Yahoo Sportsbook, the first sportsbook to bear the Yahoo name.

SymClub
Apr 24, 2024
2 min read
Newscasino
Venetian Resort Las Vegas. The new Yahoo! Sports betting is now open there.
Venetian Resort Las Vegas. The new Yahoo! Sports betting is now open there.

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The Venetian Las Vegas Hotel launches new Yahoo! Before sports betting

The Venetian Resort in Las Vegas announced Thursday the debut of a new Yahoo website. exist. Sportsbook powered by William Hill technology.

The 130,000-square-foot venue, located on the Strip Casino Hotel's main casino floor, is the first brick-and-mortar sports betting venue to carry the Yahoo! logo. brand. While this internet search company isn't synonymous with sports betting, it is well-known among fantasy sports enthusiasts and has a modest presence in the sports betting world.

This is Yahoo! The sports department is one of the parent company's most profitable and busiest departments. It owns the second-largest fantasy sports platform behind ESPN and has recently sought to expand its presence in sports betting.

This redesign brings the relaxed feel of watching a game with friends - comfy couches, lounge chairs, delicious game day food and the convenience of betting courtesy of William Hill," Venetian Opinion President and CEO Patrick Nico "By partnering with Yahoo, we're sure to have even more surprises for our guests at the start of football season and beyond," said Patrick Nichols. "

The new sportsbook is part of a broader $1 billion-plus revamp of the Venetian announced last year.

Fun background for Venice Yahoo! Sports Betting

Those who actively follow the sports betting industry know that Yahoo!Sportsbook has a deal with BetMGM. That might make you wonder why this brand appears at a casino resort that isn't operated by MGM Resorts International (NYSE: MGM ).

That's why Yahoo! Being a Venetian sportsbook brand makes sense. Private equity giant Apollo Global Management (NYSE: APO) operates the Las Vegas Strip properties. It also owns 90% of Yahoo!, while Verizon Communications owns another 10%.

New sports betting products featuring William Hill technology are also interesting because Caesars Entertainment (NASDAQ: CZR ) controls the brand in the United States.

Apollo also has a backstory. In 2021, the private equity firm was rumored to be a suitor for William Hill before its non-U.S. assets were sold by Caesars Group. Apollo didn't win a single award. Still, Apollo has a long history in the gaming industry.

Today, in addition to Venetian, the company owns a Canadian casino company and an Italian sports betting provider.

Venice Yahoo! Sports Betting Facility

The new Venetian sportsbook operator has a 1,770 square meter LED video wall that can watch up to 40 games simultaneously. There are also 30 televisions throughout the venue, including two "Yahoo!" A "fan cave" can be reserved for group events and gatherings. Each fan hole can accommodate up to 12 people and provides dedicated catering services.

Speaking of accommodations, the sportsbook features 105 chairs and couches in addition to a 29-seat bar. The bar also features 10 65-inch sports screens.

Black Tap Craft Burgers & Beer and Noodle Asia offer special menus for sportsbooks.

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Source: www.casino.org

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