Caesars Leisure, Inc. (NASDAQ: CZR) has teamed up with the Cleveland Cavaliers, saying a multi-year partnership with the franchise that may see Caesars Sportsbook develop into an “Official Sports activities Betting Companion” of the membership, and Caesars Leisure the Cavs “Official On line casino Companion.”
The partnership represents an thrilling evolution within the sports activities betting business.
Caesars Leisure is planning to construct a retail sportsbook inside Rocket Mortgage FieldHouse – the second NBA franchise the place Caesars has established such a platform (Washington Wizards/Capital One Area).
With sports activities betting scheduled to launch in Ohio later this yr, the timing couldn’t be higher.
âWe’re able to welcome Ohio sports activities followers into the Caesars Sportsbook Empire,” stated Co-President of Caesars Digital Chris Holdren on Thursday. “Caesars Sportsbook at Rocket Mortgage FieldHouse will likely be a first-class venue offering an thrilling environment for sports activities betting and extra.â
The roughly 10,355 sq. foot venue can be open year-round, offering entry to the sports activities betting public, impartial of scheduled occasions throughout the enviornment.
Building is ready to start quickly, and topic to regulatory and different required approvals, Caesars Sportsbook at Rocket Mortgage FieldHouse may very well be open by the top of this yr.
The partnership can even lever the introduction of cellular sports activities betting in Ohio, giving followers entry to Caesars’ famend buyer loyalty program – and a variety of VIP experiences beneath the broader Caesars umbrella.
All NBA odds and betting strains can be found on FanDuel Sportsbook.