Caesars Entertainment has expanded its horseracing betting app, Caesars Racebook, to the state of Illinois, offering pari-mutuel wagering on horse racing from a vast selection of over 300 tracks globally. This move strengthens Caesars Racebook’s position, which is already live in 21 states, including prominent ones like New York, California, Colorado, and Florida.
Caesars Racebook Overview:
Caesars Racebook is a collaborative effort between Caesars Entertainment and the New York Horse Racing Association (NYRA). The app provides users in Illinois and other states with access to pari-mutuel wagering services offered by NYRA. The platform stands out as a comprehensive horseracing betting solution, covering a diverse range of tracks and events.
Online Racebook Landscape in Illinois:
In addition to Caesars Racebook, several other online racebooks cater to bettors in Illinois. Platforms such as 1/ST Racing, AmWager, DRF Horse Racing, FanDuel Racing, TVG, and Twinspires contribute to the dynamic online horseracing landscape in the state, offering various options for enthusiasts to engage with horse racing events.
NYRA’s Racing Development at Belmont Park:
The collaboration between Caesars Entertainment and NYRA extends beyond the digital realm. NYRA recently obtained approval for a thoroughbred racing development at Belmont Park in New York. The state’s FY 2024 budget includes authorization for NYRA to utilize a $455 million loan to renovate the racetrack, replacing the existing grandstand and clubhouse. The project is anticipated to generate substantial economic impact and job creation.
The expansion of Caesars Racebook into Illinois underscores the app’s commitment to providing a robust horseracing wagering experience to enthusiasts across the United States. With pari-mutuel wagering on a global scale, the platform contributes to the broader landscape of online racebooks, offering diverse options for bettors. Additionally, NYRA’s ambitious plans for Belmont Park align with the evolving needs of the racing and wagering industry, emphasizing the continuous growth and transformation within the horseracing sector.