US-based casino operator Century Casinos has inked a deal with major online gambling operator bet365 to become its online sports betting partner in the state of Colorado.
The 10-year agreement states that Century will operate an online and mobile sports betting app under the bet365 brand, subject to bet365 obtaining regulatory approval to launch in the state.
The deal also comes with a minimum annual revenue guarantee as well as a percentage share of net gaming revenue due to Century every year, with an advance fee also being paid upon signing the contract.
Century Casinos was granted master licenses in Colorado for its Central City and Cripple Creek properties last month. The licenses will allow operators to work with a licensed online or retail sportsbook or a licensee that offers both.