Caesars Sportsbook becomes Cleveland Cavaliers’ official sports betting partner
The deal includes plans for a retail sportsbook at the Rocket Mortgage FieldHouse.
US.- Caesars Entertainment has announced a multi-year partnership with the Cleveland Cavaliers. Caesars Sportsbook will be the official sports betting partner and Caesars Entertainment the official casino partner of the NBA team.
Pending regulatory approvals, the deal includes plans to open a retail sportsbook at the Rocket Mortgage FieldHouse, the team’s home venue. An approximately 10,355 square foot venue, will feature a full-service bar and VIP lounge and wall-to-wall TV’s. It will have betting windows for cash wagering.
The sportsbook will be open year-round on both event and non-event days and is expected to launch by the end of 2022.
In addition, Caesars Sportsbook gains access to the use of official Cleveland Cavaliers logos and marks, broadcast and digital content across Cavs properties, as well as TV-visible in-game signage.
Chris Holdren, Co-President of Caesars Digital, said: “We’re ready to welcome Ohio sports fans into the Caesars Sportsbook Empire, while also making history with our second sportsbook at an NBA arena.
“Building upon our already established roots with Scioto Downs in Columbus, we’re excited to announce our partnership with the Cavaliers at an exciting time in their franchise’s history. As we prepare to launch sports betting in Ohio later this year, this wide-ranging partnership enables us to connect with the Cavs’ passionate and highly engaged fanbase.
“Caesars Sportsbook at Rocket Mortgage FieldHouse will be a first-class venue providing an exciting atmosphere for sports betting and more.”
See also: Caesars Entertainment revenue rises 168.7% in 2021
