Caesars Sportsbook has struck a second partnership in Massachusetts for market entry into the state’s forthcoming sports activities betting trade.
Caesars Leisure doesn’t function a on line casino in Massachusetts. However the Las Vegas-based on line casino operator desires to guess on Massachusetts’ newly liberalized sports activities betting trade.
To achieve market entry, Caesars late final yr struck a cope with rival Wynn Resorts and Encore Boston Harbor. The partnership will enable the Caesars Sportsbook to function on-line within the commonwealth by using Encore Boston Harbor’s Class 1 sportsbook license.
Class 1 sports activities wagering concessions enable the state’s three casinos — Encore Boston Harbor, MGM Springfield, and Plainridge Park — to function a retail sportsbook and as much as two on-line sportsbooks. The Class 1 licenses are additionally afforded to the state’s horse and greyhound racetracks — Suffolk Downs and Raynham Park.
Caesars Sportsbook will make the most of considered one of Encore Boston’s two on-line skins, with WynnBet accounting for the opposite.
However with on-line sports activities betting not anticipated to go dwell till March, Caesars sought a faster entry for retail privileges. Caesars discovered such a accomplice with Raynham Park.
In-person wagering in Massachusetts on the three casinos is ready to start on Tuesday, Jan. 31.
New Life to Raynham Park
Raynham and Caesars introduced immediately a partnership that can enable the on line casino’s main sportsbook model to function a retail sportsbook on the racetrack, which ceased dwell greyhound racing greater than a decade in the past. Raynham has been working as a simulcast parlor since, with patrons capable of place parimutuel wagers on televised horse and canine races.
Pending regulatory approval by the Massachusetts Gaming Fee (MGC), Caesars Sportsbook plans to open a brief sportsbook inside the present simulcasting facility within the coming weeks. Caesars says the interim sportsbook would function as a brand new, 30,000-square-foot standalone sportsbook is constructed on the Raynham Park campus.
The everlasting sportsbook could be one of many US’ largest free-standing race and sportsbooks. The venue would value $28 million to construct, with Raynham Park house owners George Carney and his son Chris funding the majority of the mission.
The proposed Caesars Sportsbook incorporates a capability of as much as 2,000 individuals and comes with self-service wagering kiosks and staffed betting home windows. Although additional particulars haven’t but been launched, the sports activities betting mission would presumably embody the standard facilities, together with a video wall, dozens of televisions, and meals and beverage service.
Raynham Park is in a superb location in southeast Massachusetts and shall be considered one of only a few retail sports activities betting areas within the commonwealth,” stated Eric Hession, president of Caesars Digital. “It’s nice to accomplice with the Carney household, which has a protracted historical past locally and an thrilling imaginative and prescient for an incredible sports activities leisure and pari-mutuel simulcasting facility.”
Ought to the MGC approve the Caesars Sportsbook/Raynham Park software, the partnership says the interim facility might be open as early as this spring.
State Adjusts Sportsbook Guidelines
In associated information, the MGC final Friday amended its rules on sportsbook promoting. The commonwealth beforehand instructed its sportsbook licensees that they can’t have interaction anybody below the age of 21 to assist promote their operations.
However after listening to considerations a few sportsbook’s capacity to rent an underage Olympian to market their operations, the MGC reworked these guidelines. The 5 commissioners settled on permitting sportsbooks to make use of the likeness of somebody as younger as 18 of their advertising and marketing campaigns.
Commissioners cited such stars as Olympic gymnast Simone Biles, who was simply 19 when she gained 4 gold medals on the 2016 Summer season Olympics in Brazil.