Business
Caesars Sportsbook Partners with Historic Racetracks Keeneland and Red Mile Ahead of Sports Betting's Launch in Kentucky
Caesars Sportsbook intends to offer in-person and mobile sports wagering to those 21 and older in the Bluegrass State LEXINGTON, Ky.--(BUSINESS WIRE)--
About this update from Caesars Entertainment, Inc.
[{"type":"text","content":"\nCaesars Sportsbook intends to offer in-person and mobile sports wagering to those 21 and older in the Bluegrass State\n\n\n LEXINGTON, Ky.--(BUSINESS WIRE)--\nLegalized sports wagering is coming to Kentucky and Caesars Sportsbook, the sports wagering platform for Caesars Entertainment, Inc. (NASDAQ: CZR) (“Caesars”), today announced agreements with Keeneland and Red Mile Gaming & Racing in Lexington. The agreements grant the operator market access to offer legalized mobile sports wagering in Kentucky and include plans to open Central Kentucky’s only brick-and-mortar retail sportsbook locations, subject to regulatory approvals from the Kentucky Horse Racing Commission.\n\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230516005455/en/\n“Keeneland and Red Mile are iconic horse racing venues with an important legacy in the state of Kentucky,” said Eric Hession, President of Caesars Digital. “Customers in the region have long enjoyed our world-class Caesars destinations and, most recently, our horse racing wagering app, Caesars Racebook. Working with these historic institutions provides an unmatched opportunity to reach sports and racing fans in the state, and we look forward to working with the Kentucky Horse Racing Commission as we prepare to launch later this year.”\n\n\n“Keeneland’s venture with Caesars Sportsbook holds exciting potential and furthers our mission to introduce new audiences to horse racing,” said Keeneland President and CEO Shannon Arvin. “Caesars is a globally respected brand, and we value their commitment to racing and their expertise in sports wagering.”\n\n\n“At Red Mile Gaming & Racing we are excited to continue introducing this historic harness track to new audiences,” commented Red Mile Chief Operating Officer Shannon Cobb. “Opportunities with sports wagering on site, added to live racing, simulcasting, and HHR Games accomplish goals we have worked toward for several years. Our relationships with Keeneland and Caesars in this venture could not be more valued.”\n\n\nThese new relationships further reinforce Caesars’ commitment to horse racing and the continuous expansion of the Caesars Racebook app, facilitated through a partnership with the New York Racing Association, Inc. Caesars is the presenting sponsor of the National Horseplayers Champio...