Casino powerhouse Caesars Entertainment, Inc. is made up our minds to venture into Nebraska’s lately expanded playing market through a partnership with Columbus Exposition and Racing (CER)
Below the phrases of this most restful settlement, Caesars will manufacture and operate a Harrah’s branded on line casino and racetrack in Columbus.
Established in 2013, CER is a Columbus-primarily based totally non-profit entity that is “dedicated to the fashion forward for horse racing” within the gap and in Nebraska, as a complete. It has now chosen Caesars as its partner to extra venture into the negate’s expanded gaming and racing market.
Nebraska residents closing November overwhelmingly favorite a trio of initiatives that licensed on line casino-fashion gaming at licensed horse racetracks, allowed the negate to fetch an eye on the newly expanded playing industry, and established a 20% rate on unfriendly gaming income from the newly legalized merchandise.
The initiatives did no longer explicitly encompass sports making a bet, but Gov. Pete Ricketts in Would possibly perchance perchance perchance also signed a measure that licensed that notice, too. This most ceaselessly manner that the negate’s six industrial horse racing tracks can now conduct Las Vegas-fashion gaming and wagering activities, along with races.
Members of CER’s board relish been operating Reside Racing and Simulcasting at Ag Park in Nebraska since 2013.
The Original Harrah’s Property
The fresh Harrah’s property will be positioned appropriate off Highway 81 in Columbus. It is miles deliberate to feature a brand fresh one-mile horse racing floor, a 40,000-sq.-foot on line casino with over 400 slot machines, 20 table games, and a sportsbook.
The fresh complex is anticipated to price $75 million to manufacture and to be complete by slack 2022.
Commenting on their partnership with Caesars, CER Managing Director Tom Jackson acknowledged that they’re angry to welcome the Harrah’s value to Nebraska and that as soon as making an try to get dangle of a appropriate on line casino operator partner, “Harrah’s value recognition and established code of dedication to its workers, possibilities and the communities by which they operate proved an effortless risk.”
Mr. Jackson went on to claim that as they work to win a brand fresh leisure vacation space for the Midwest, their alliance with Caesars will be a truly remarkable “financial driver and job creator” for Columbus and the surrounding areas and would furthermore extra enhance CER’s dedication to “the hardworking people all in favour of the Nebraska horse racing industry.”
Caesars CEO Tom Reeg acknowledged that as soon as Nebraska licensed on line casino and sports making a bet activities at its racetracks, they knew that “our experience within the on line casino industry mixed with our dedication to horse racing made Harrah’s a finest match.”
Mr. Reeg added that they’re now taking a behold forward to constructing “an all-fresh Harrah’s experience in Columbus” and connecting that property to their Caesars Rewards for the duration of the country.
Caesars’ Racing SVP, Joe Morris, acknowledged that they’re overjoyed to be given the change to remodel Columbus’ horse racing industry and that being in a procedure to manufacture a brand fresh top quality notice at a Caesars-owned property demonstrates their dedication to the racing industry and their intent to “lift on the home’s storied racing custom.”
Source: COLUMBUS EXPOSITION AND RACING CONTRACTS WITH CAESARS ENTERTAINMENT TO DEVELOP CASINO AND RACETRACK IN NEBRASKA, PR Newswire, July 2, 2021