Hollywood Press Release
You have permission to publish this article electronically or in print, free of charge, as long as the signature box is included.
Hollywood Sportsbook International has been Acquired.
Hollywood Sportsbook International is a leading online sportsbook and casino operator based in San Jose, Costa Rica which has been sold in an undisclosed all cash transaction. As of Wednesday morning, Hollywood Sportsbook will now be operated by Sportingbet utilizing their state of the art technology and excellent customer care as a white label site.
The business is mainly conducted through the internet and will be integrated into the existing Sportingbet infrastructure in Costa Rica and Antigua. The acquisition also brings additional marketing expertise and enhanced channels for the US market. Hollywood is a well-positioned business in the growing online gambling market.
Eduardo Guillen, President of Hollywood Sportsbook, said “This is an exceptional step in the right direction for Hollywood Sportsbook, allowing us to maximize our marketing efforts by leveraging the strong infrastructure of Sportingbet.”
This represents a unique opportunity to match the well recognized and branded name of Hollywood with the expanding product base of Sportingbet. Hollywood’s online sportsbook and casino products will be complemented by the Sportingbet offering of horse racing, in running wagering, poker, and the newly upgraded casino product.
Hollywood’s existing customer incentive offerings will be maintained to the extent that the integration process permits. Additional customer bonuses that Hollywood will now be able to offer include a casino rebate program, a horse betting rebate program, -105 juice on Fridays, enhanced parlay and teaser odds, and a Million Dollar Poker Free Roll tournament in conjunction with Paradise Poker.
Any customer inquiries should be addressed to Victor at 1.800.220.0002.