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Wynn Resorts Ends Sports Bet SPAC Deal, Notes High Customer Acquisition CostsWritten by: Todd Shriber

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Wynn Resorts (NASDAQ:WYNN) and special purpose acquisition company (SPAC) Austerlitz Acquisition Corp. I (NYSE:AUS) are ending a plan to merge the shell company with Wynn Interactive. That would have paved the way for that business to go public. The casino operator said the decision was “mutually agreed” to. Unappealing economics in the online sports wagering
The post Wynn Resorts Ends Sports Bet SPAC Deal, Notes High Customer Acquisition Costs appeared first on Casino.org.
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