Hilton Sportsbook gonzo at the end of the year

[Sharky]

...say is isn't so...sportsbetting in Vegas won't be the same next year as the Hilton Corp plans to terminate its licensing agreement with the Las Vegas Hilton at the end of this year ..Super Bowl ouch, March madness ouch...this one really hurts...even if another name picks it up..won't be the same.

 

[ChefJJ]

Wait. Why is the sportsbook shutting down because the name of the casino is going to change?

 

[darco77]

Wait. Why is the sportsbook shutting down because the name of the casino is going to change?

Yeah, I've heard nothing about the sportsbook changing. In fact, from what I've read, the only change will be the name of the property. No personnel changes, no change in operations, no layoffs. Nothing but the name. Sharky, do you know something we don't?

 

[ChefJJ]

Might just be reading a bit too much into it. They lose the name and affiliation with the Hilton rewards program (which probably brings in a fair amount of people using points for the hotel stay), but the casino/hotel operations should still keep on.