A prominent sports wagering firm hailing from Las Vegas, Circa Sports, has joined forces with Century Casinos, a casino operator, to introduce online sports betting in Colorado.
This agreement, extending over a period of fifteen years, will see Circa Sports launch its mobile betting application in Colorado. They will leverage one of Century Casinos’ sports betting licenses, which they already possess within the state.
The app is scheduled to become operational around the first of May, 2020. Century and Circa Sports have already submitted applications for the required permits to facilitate this endeavor.
The accord also encompasses a market entry fee, a revenue sharing arrangement, and a minimum guaranteed annual income paid to Century Casinos for the entirety of the agreement’s duration.