Prime Sportsbook seeks Chapter 11 protection ahead of planned Plannatech sale
Prime Sportsbook is pursuing Chapter 11 bankruptcy protection before a planned sale to its technology provider, Plannatech USA, Chief Operating Officer Jon Richards said. Richards said the restructuring is intended to manage expenses and that customers should continue to use the platform without disruption.
The bankruptcy process may affect Prime Sportsbook’s planned sale and its operations in Ohio, New Jersey and Kentucky.