Betfred to take first step into the US with Elite Casino Resorts

Betfred USA and Elite Casino Resorts have partnered to offer sports wagering in Iowa, marking Betfred's first deal of this kind in the US.

BetFred

Once regulatory approval has been confirmed, the operator will be allowed to offer customers on-premise, online and mobile wagering at the Grand Falls Casino Resort in Larchwood, Iowa.

The Iowa Gaming and Racing Commission (IGRC) approved Betfred Sports Iowa last week.

Iowa became the third state in 2019 to legalise sports betting after Governor Kim Reynolds signed SF 617 into law.

Last month, Betfred reported a £40.7m ($51.8m) loss after tax for the 12-month period ending 30 September 2018.

Fred Done, CEO and Co-founder of Betfred, said: “I’m delighted to partner with Elite Casino Resorts in Iowa and we look forward to working with our new partners and sharing our joint expertise in what is a very exciting opportunity and market for Betfred.”

Premium+ Connections
Premium

Revsharks

 
Premium

Imagine Live

 
Premium

RISK

 
Premium

PIN-UP Partners

 
Premium

Galaxsys

 
Premium

GammaStack

 
Premium

1xBet Partners

 
Premium

Digitain

 
 
Premium

Sport Generate

 
Premium

Lynon

 
Premium Connections
Consultancy

SCCG Management

Executive Profiles
Zeal Network SE

Stefan Tweraser

VIP Play

Les Ottolenghi

Scientific Games

Keshav Pitani

Social & App

Spribe CEO exclusive: Simplicity is the foundation

Spribe CEO David Natroshvili speaks to Gambling Insider abou...

Redefining iGaming: A history of crash games

Crash games is a growing vertical that has taken gambling by...

A certain something: What makes crash games special?

Crash games. They’re simple, they’re easy to learn and,...

Smarter innovation to shape the future

Spribe CCO Giorgi Tsutskiridze discusses the past, present a...

Facing Facts: The corner of quarterly contemplation

With Q1 reports out across the industry, Gambling Insider co...

Taking Stock: A guide to key stock prices across the industry

Gambling Insider tracks prices from some of the industry’s...

15 years of Gambling Insider: From the Founders

Over the last 15 years, Gambling Insider magazine has interv...

15 years of Gambling Insider: The Awards over time

Global Gaming Awards Event Manager Mariya Savova gives us he...