The Caesars flag will lastly dangle on a constructing in Massachusetts now that the house owners of the Raynham Park simulcasting facility have reached a deal to launch a sports-betting partnership with playing behemoth Caesars Leisure.
Chris Carney and his father, George Carney, have filed a request with the Massachusetts Gaming Fee to function a sportsbook with Caesars at their former greyhound monitor in Raynham. It nonetheless operates as a simulcasting parlor, the place gamblers can place bets on televised horse and canine races, although stay racing ended there greater than a decade in the past.
If the request is accepted, clients will quickly be capable to wager on way more than that, now that the Carneys have teamed up with one of many largest on line casino operators within the nation.
As operators of former racetracks, the Carneys and the house owners of the Suffolk Downs simulcasting parlor are every eligible for a one brick-and-mortar sports-betting license, per the phrases of a state regulation that the Legislature handed final 12 months legalizing sports activities bets in Massachusetts . Sterling Suffolk Racecourse has not but introduced a accomplice or location for its future sports-betting facility.
Caesars had already determined to enter the Massachusetts sports activities betting area by teaming up with Wynn Resorts to make use of one of many two on-line licenses allotted to Wynn for its Encore Boston Harbor on line casino. This new cope with Raynham Park solely includes a brick-and-mortar license, not on-line betting. The Carneys are nonetheless searching for a web based accomplice.
The deal got here collectively shortly after Chris Carney made his pitch to Dan Shapiro, chief improvement officer with Caesars Digital, on the Breeders’ Cup in Kentucky two months in the past. Shapiro took an in depth take a look at the Carneys’ plans for Raynham Park, visited the positioning, and favored what he noticed. Chris Carney mentioned he and his father de él are investing $28 million to place up a 60,000-square-foot constructing on the monitor website, with greater than half of the house devoted to sports activities betting, and a capability of as much as 2,000, together with standing room.
“Caesars has casinos in lots of markets across the nation however does not have any in Massachusetts or wherever in New England,” Shapiro mentioned. “We consider having that retail presence in a market helps us. Not solely will we generate revenues on the retail aspect, however we additionally consider it helps our on-line sports activities enterprise in numerous methods.”
Shapiro mentioned Caesars will basically function the sports-gambling enterprise as a tenant of the Carneys within the new constructing, which is slated to open in late spring or early summer season. Development began final August. Caesars will probably supply sports activities betting within the present constructing for a number of months till the brand new one opens, assuming the gaming fee offers the inexperienced gentle inside the subsequent two to a few months; the prevailing constructing will probably be torn right down to make method for warehouse development.
Caesars Leisure, based mostly in Nevada, was generally known as Eldorado Resorts till it acquired Caesars in 2020 and adopted the title; it later acquired the United Kingdom-based William Hill sports-betting firm, and rebranded the US arm of that enterprise as Caesars Sportsbook. The earlier firm, generally known as Caesars, had as soon as tried to get into Massachusetts by partnering with the house owners of Suffolk Downs on a resort on line casino bid, however finally walked away, and the gaming fee awarded the Boston-area on line casino license to Wynn Resorts as an alternative.
Chris Carney mentioned the Caesars model will assist draw clients to the sports-betting parlor, due to its broad title recognition. The enterprise will probably be referred to as Caesars Sportsbook at Raynham Park.
Chris Carney mentioned he at present employs about 120 folks at Raynham Park, however expects to ramp that as much as 300, partially as a result of the brand new constructing will function a full-service restaurant. He mentioned his operation of him will stand out in comparison with these of his rivals as a result of will probably be a standalone sportsbook enterprise, versus a bigger on line casino that has house put aside for sports activities bets.
He mentioned he is trying ahead to tapping into the fervent following for the Bruins, Celtics, Patriots, and Purple Sox.
“You by no means go to season [in Boston] with out any person making the playoffs,” he mentioned. “It’ll be a sports activities bar, with effective eating, on steroids.”
Jon Chesto will be reached at firstname.lastname@example.org. Observe him on Twitter @jonchesto.