Sports

Carousel Group and Caesars agree on 10-year partnership in multiple states

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Carousel group, Owners and operators SportsBetting.com, And multi-state, signed a 10-year partnership Caesars Entertainment.. Under the terms of the agreement, the online sportsbook will be available to New Jersey, Indiana, Iowa customers, and New Jersey online casinos until all required game licenses have been obtained.

This is the second partnership signed by the Carousel Group following last year’s groundbreaking deal on market access in Colorado.

The agreement with Caesars will increase the Carousel Group’s addressable market in the United States from $ 109 million to an estimated $ 1.8 billion, with 24.5 million people living in the target states. The deal also gives the Carousel Group the opportunity to enter the fast-growing US online casino market, with the giant New Jersey GGR increasing from $ 843 million in 2019 to $ 961 million in 2020. You can get it.

Operated by Carousel Group’s unique platform and in-house trading and risk team, SportsBetting.com provides US sports betting and casino players with a customized online gaming experience in each state.

Daniel GretzerCarousel Group President and CEO said: A perfect strategic partner to help you aggressively expand market access in the United States. “

He added: “We look forward to working with both Caesars and regulators to launch SportsBetting.com in New Jersey, Indiana and Iowa, as well as major product updates such as new mobile apps and state-of-the-art casino platforms. Is finalized.

“Betters remain product savvy, so we have built a user-centered technology company that gives us complete control over the user experience. Our design principles, along with in-house technology and operations, are long-term in the United States. It will be the key to success. “



Carousel Group and Caesars agree on 10-year partnership in multiple states

Source link Carousel Group and Caesars agree on 10-year partnership in multiple states

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