BetOnline is the parent company of SportsBetting AG, a leading online sports betting company in the United States. The company was founded in 2006 and is headquartered in Las Vegas. BetOnline is one of the largest online sports betting companies in the world, with operations in over 20 countries.
In 2016, BetOnline was acquired by William Hill plc, one of the world’s largest gambling companies. The acquisition made BetOnline one of William Hill’s largest subsidiaries and added over $2 billion in annual revenue to the company.
Based on its current ownership and operations, it appears that BetOnline does not own SportsBetting AG 100% but rather shares a majority ownership with William Hill. This does not impact the legality of online sports betting in the United States as long as BetOnline complies with all applicable lAWS and regulations.
