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Caesars Sportsbook Named Official Sports Betting Partner of the New York Mets

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Caesars Entertainment (NASDAQ: CZR) and the New York Mets have formed a multi-year partnership designating Caesars Sportsbook as the team's Official Sports Betting Partner. This collaboration includes the creation of a dedicated sportsbook lounge at Citi Field, expected to open in the 2022 MLB season, offering VIP experiences for Caesars Rewards members. The partnership capitalizes on New York's lucrative market, where Caesars Sportsbook is recognized as an authorized gaming operator of MLB and is operational in 23 jurisdictions.

Positive
  • Establishment of a multi-year partnership with the New York Mets, enhancing brand visibility.
  • Opening of a 13,000 square foot sportsbook lounge at Citi Field to attract sports bettors.
  • Access to VIP experiences for Caesars Rewards members, potentially increasing customer loyalty.
  • Increased exposure through the use of official Mets logos and in-game signage.
Negative
  • Heavy reliance on the New York market, which could pose risks if regulations change.
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Dynamic partnership includes redesigned branded club space at Citi Field and access to VIP experiences for Caesars Rewards members

FLUSHING, N.Y. and LAS VEGAS, April 6, 2022 /PRNewswire/ -- Caesars Entertainment, Inc. (NASDAQ: CZR) ("Caesars") and the New York Mets today announced a multi-year partnership to make Caesars Sportsbook an Official Sports Betting Partner of the team. In addition to a variety of VIP experiences and hospitality assets for members of the industry-leading loyalty program, Caesars Rewards, this partnership features plans to open a new sportsbook lounge at Citi Field, Caesars Sportsbook at the Metro Grille.

Scheduled to open during the 2022 Major League Baseball season, the new upscale 13,000 square foot space for fans to enjoy the Caesars Sportsbook app together will come to life on the Excelsior Level at Citi Field with a multi-tiered dining room and outdoor patio seating complete with panoramic views overlooking left field.

"New York is a key state for us following the successful launch of our Caesars Sportsbook app in January," said Chris Holdren, Co-President of Caesars Digital. "The Mets' fanbase is one of the most loyal in baseball and this partnership offers us the chance to treat those passionate fans like Caesars. We look forward to opening our space at Citi Field during an exciting time for the franchise."

Caesars Sportsbook is the only app in New York that rewards sports bettors with every bet they place to unlock experiences within the Caesars portfolio of resorts and partnerships. Eligible sports fans across the Empire State can download the easy-to-use Caesars Sportsbook app on iOS or Android and place sports wagers today to earn unforgettable experiences at Citi Field this MLB season.

Access to official New York Mets logos and marks, TV-visible in-game signage, and broadcast and digital content across Mets' properties are also included in this partnership, which extends Caesars Sportsbook's already-established footprint in New York. Caesars Sportsbook is an authorized gaming operator of the MLB and is currently live in 23 states and jurisdictions—17 of which are mobile—and operates the largest number of retail sportsbooks across the country, including sportsbooks at top New York gaming destinations Turning Stone, Yellow Brick Road, and Point Place Casino through the Oneida Indian Nation and at Caesars, Harrah's Resort and Tropicana in Atlantic City.

For real-time industry updates and to follow the Caesars empire, players can engage with the Caesars Sportsbook social handle @CaesarsSports on Twitter, Instagram and Facebook.

About Caesars Entertainment, Inc. 
Caesars Entertainment, Inc. (NASDAQ: CZR) is the largest casino-entertainment Company in the U.S. and one of the world's most diversified casino-entertainment providers. Since its beginning in Reno, NV, in 1937, Caesars Entertainment, Inc. has grown through development of new resorts, expansions and acquisitions. Caesars Entertainment, Inc.'s resorts operate primarily under the Caesars®, Harrah's®, Horseshoe®, and Eldorado® brand names. Caesars Entertainment, Inc. offers diversified gaming, entertainment and hospitality amenities, one-of-a-kind destinations, and a full suite of mobile and online gaming and sports betting experiences. All tied to its industry-leading Caesars Rewards loyalty program, the Company focuses on building value with its guests through a unique combination of impeccable service, operational excellence and technology leadership. Caesars is committed to its employees, suppliers, communities and the environment through its PEOPLE PLANET PLAY framework. Know When To Stop Before You Start.® Gambling Problem? Call 1-800-522-4700. For more information, please visit. www.caesars.com/corporate. Must be 21 or older to gamble. Know When To Stop Before You Start.® Gambling problem? Call 1-877-8-HOPENY (846-7369) or text HOPENY (467369).

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/caesars-sportsbook-named-official-sports-betting-partner-of-the-new-york-mets-301519015.html

SOURCE Caesars Entertainment, Inc.

FAQ

What is the significance of the partnership between Caesars and the New York Mets?

The partnership designates Caesars Sportsbook as the Official Sports Betting Partner of the Mets, enhancing Caesars' brand visibility and access to a loyal fanbase.

When will the new sportsbook lounge at Citi Field open?

The sportsbook lounge is scheduled to open during the 2022 Major League Baseball season.

How does Caesars Sportsbook reward its users?

Caesars Sportsbook rewards sports bettors with experiences tied to their betting activity through the Caesars Rewards program.

In how many states is Caesars Sportsbook currently operational?

Caesars Sportsbook operates in 23 states and jurisdictions, with 17 offering mobile betting.

What is the size of the new sportsbook lounge at Citi Field?

The new sportsbook lounge will span 13,000 square feet, featuring dining and outdoor patio seating.

Caesars Entertainment, Inc.

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