The Venetian Resorts Las Vegas just opened a state-of-the-art Yahoo Sportsbook, powered by William Hill. The 12,000 square foot space features a 1,770 square foot LED video wall, displaying up to 40 independent sporting events.
, resulting in more than a dozen Yahoo Sportsbooks opening across the United States. Although The Venetian is not an MGM property, Yahoo’s recent deal is hardly a surprise as both The Venetian and Yahoo are owned by the same private equity firm. Apollo Management acquired 90% of Yahoo in 2021, but the storied private equity firm has long been a staple in the gambling sector.
Apollo was responsible for one of the largest leveraged buyouts in the casino sector when it took Harrah’s Entertainment private in 2008. It subsequently sold off its stake in 2019 but acquired other casino properties soon after. In 2021, Apollo purchased the Great Canadian Gaming Corporation, consisting of the Hard Rock Casino Vancouver, Hastings Racecourse & Casino, River Rock Casino Resort in Metro Vancouver, and seven other casinos inApollo isn’t the only tie between The Venetian and Yahoo. and develop its strong user database. Fuchs eventually left Yahoo, ending up as William Hill’s president of digital. , which operated The Venetian’s sportsbook.
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