Caesars Sportsbook pulled out of a deal to run a retail sportsbook at Raynham Park simply as regulators had been within the strategy of reviewing the race observe’s bid for a sports activities betting license, regulators mentioned.
Caesars Sportsbook notified the Massachusetts Gaming Commission it has terminated an settlement with the Massasoit Greyhound Association, the corporate behind Raynham Park, to open a retail location on the former greyhound observe, Gaming Commission Interim Executive Director Todd Grossman mentioned.
“Caesars Sportsbook has terminated the operating lease agreement that was in place between MGA and Caesars,” Grossman mentioned. “That agreement set out the terms and conditions under which Caesars would essentially operate the sportsbook if MGA were to be awarded the category two license. As a result of that termination, as of today, MGA is without an entity to operate the sportsbook.”
Caesars sportsbook already runs a cell sports activities betting software by means of an settlement with Encore Boston Harbor, the on line casino in Everett owned by Wynn Resorts.
Bet365, one other sportsbook, introduced earlier this yr that it dropped a bid to supply cell sports activities betting by means of a license tethered to Raynham Park.
Chris Carney, the proprietor of Raynham Park, mentioned in January that Caesars Sportsbook was the “strongest retail sports gaming brand in the industry” as he introduced a plan to open one of many largest bodily sports activities betting areas within the nation.
The area was billed as a 60,000 square-foot sportsbook that would come with greater than 30,000 square-feet of gaming area, two eating places, a number of bars, non-public operate rooms, and room for as much as 2,000 patrons.
“Raynham Park is in an excellent location in southeast Massachusetts and will be one of just a few retail sports betting locations in the Commonwealth,” Caesars Digital President Eric Hession mentioned in an announcement earlier this yr.
But the Gaming Commission was instructed in an open assembly Friday that a number of violations cited by the state Department of Environmental Protection in regards to the dealing with and disposal of hazardous and/or construction-related supplies had been dedicated by corporations operated by the Carney household, Bookies.com reported.
A Raynham Park supervisor couldn’t touch upon the gaming board’s proceedings. Chris Carney couldn’t be instantly reached for a remark.
Source: www.bostonherald.com”