NASCAR and WynnBET have formed a new partnership, with Virginia taking center stage due to its significant presence in the racing industry.
A multi-year national sports betting partnership was recently announced by officials from the two companies on Friday. As per the agreement, Wynn will be establishing an online sportsbook in Virginia to function as the official sportsbook for the sport in the commonwealth.
It remains uncertain whether Wynn will pursue its own online betting license or explore the possibility of utilizing one of the two raceway’s options to acquire a sports betting license.
WynnBET seeking VA betting license
In Virginia, where sports betting is scheduled to commence in January, WynnBET provides a legal mobile sportsbook app. However, the availability of the casino app depends on the state.
Retail betting will eventually be available in the state. The Virginia General Assembly and Gov. Ralph Northam have made sure that Martinsville Speedway and Richmond Raceway can apply for and acquire licenses to operate a sportsbook on-site at the track.
In the event that WynnBET obtains a license in Virginia, it would assume the role of the official online sportsbook for both Martinsville Speedway and Richmond Raceway.
Furthermore, as a component of the NASCAR agreement, WynnBET intends to broaden its range of NASCAR betting options accessible within its application. Such wagers may encompass:
- Pre-race bets
- In-play bets
- Winning driver
- Driver matchups/head-to-heads
- Stage winners
- Is the number of the winning car over or under?
Xfinity 500 will show some of Martinsville’s betting potential
No other state holds as many NASCAR Cup Series races per year as Virginia. Martinsville and Richmond each host two races in NASCAR’s premier series every season.
The two VA racetracks are operated by International Speedway Corporation, a company owned by NASCAR. Additionally, they manage several other tracks throughout the United States, such as Daytona International Speedway, Talladega Superspeedway, and Darlington Raceway, among others.
The presence of WynnBET sports betting lounges would add to the allure of Virginia’s racetracks during race weekends. These speedways transform into vibrant hubs, resembling bustling cities of their own.
For instance, Martinsville Speedway will be hosting a trifecta of races on consecutive days this weekend. The NASCAR Cup Series, NASCAR Xfinity Series, and NASCAR Truck Series will all be holding their penultimate races of the 2020 season.
Due to the COVID-19 pandemic, the capacity of race fans allowed to attend races at “The Paperclip” this weekend has been significantly restricted. Nevertheless, under normal circumstances, tracks like Martinsville would typically host tens of thousands of spectators. A considerable portion of these attendees would likely be interested in placing bets on the thrilling racing events.
According to the track president, Dennis Bickmeier, the same principle would apply to Richmond Raceway.
Richmond Raceway and WynnBET share several important qualities. Both brands are known for their strength and reliability, as well as their commitment to providing exceptional customer service and unforgettable experiences. We extend our best wishes to Wynn as they embark on their future ventures in the wonderful Commonwealth of Virginia, and eagerly anticipate many prosperous years of collaboration and partnership ahead.
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