Caesars Racebook, a collaboration between Caesars Sportsbook and NYRA Bets, is up and working in Florida and Ohio. [Image: Shutterstock.com]
A brand new starting
Caesars has launched the Caesars Racebook, a web-based horse racing betting app, for the primary time, beginning with Ohio and Florida. Caesars Leisure introduced the information on Wednesday that Caesars Sportsbook and NYRA Bets LLC labored collectively to carry the racebook to the desk. The latter is the official New York Racing Affiliation (NYYRA) on-line betting platform. There are plans to roll out the Caesars Racebook in different states over the course of 2021.
Caesars Racebook makes use of the NYRA Bets betting know-how
Caesars Racebook makes use of the NYRA Bets betting know-how to energy the platform. There shall be pari-mutuel betting obtainable for races happening at greater than 250 racetracks throughout the globe. The Caesars Rewards loyalty program is built-in into the racebook, which implies that customers can earn rewards with every actual cash guess.
A serious milestone
In the press release for the launch of Caesars Racebook, Caesars Digital chief improvement officer and senior vp Dan Shapiro mentioned: “The launch of Caesars Racebook is a crucial milestone as we proceed so as to add wagering alternatives for our clients and livestreaming content material for the primary time.”
plans to launch it in about 30 totally different states
He went on to notice that Caesars Racebook is the primary horse racing advance deposit wagering app that built-in Caesars Rewards. Speaking about future plans for Caesars Racebook, Shapiro mentioned that there are plans to launch it in about 30 totally different states.
NYRA Bets basic supervisor Matt Feig additionally welcomed the deal, saying “The partnership between NYRA Bets and Caesars is a win for horse racing, its stakeholders and numerous racetracks around the globe.”
Loads of curiosity
Pari-mutuel betting is huge enterprise throughout the US; in 2021, the full betting deal with was $12.2bn. Caesars has been a long-time supporter of US horse racing. It’s the host of the Nationwide Thoroughbred Racing Affiliation’s Nationwide Handicapping Championship on the Horseshoe Las Vegas. It is also within the technique of growing a racetrack and on line casino in Nebraska.
NYRA Bets has been up and working since 2016 and is at the moment obtainable in 30 states.
Caesars Sportsbook has been in partnership with NYRA Bets since January. The settlement noticed Caesars turned an official betting advertising companion in New York, which incorporates sponsoring the NYRA Turf Triple Collection. These races happen at each Saratoga Race Course and Belmont Park. Plans to launch Caesars Racebook had been introduced in March.