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Home News Casino

Caesars withdraws from Raynham Park partnership… for now

igw by igw
August 21, 2023
in Casino, News, Sports Betting
Reading Time: 2 mins read
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Image: Shutterstock

Caesars Sportsbook has halted its partnership with Massachusett Greyhound Association – the group that owns the Raynham Park facility located in Massachusetts.

The group was initially partnered with bet365 to bring a sportsbook to Massachusetts. However, in January of this year, they decided not enter the state at all. The group initially partnered with Bet365 for a sportsbook in the state. However, bet365 decided to withdraw after they decided not to enter Massachusetts.

Caesars was the next partner, but the looming question of whether Raynham Park would be suitable for a gaming license led Caesars to terminate the deal on Thursday.

Raynham Park has been in complicated discussions regarding its suitability with Masssachusetts Gaming Commission. The application revolves around the question of whether Chris Carney is really a key stakeholder.

After a long meeting last Friday, there was no resolution. Raynham park still wants the MGC make a preliminary determination of suitability, even though it does not have a provider for sportsbooks.

In Friday’s meeting, Todd Grossman , the interim MGC executive director explained that it was difficult to imagine a situation in which a commission could grant a temporary operating license.

Raynham Park says that the partnership has been terminated but a suitability determination could bring it back to life.

A Raynham Park representative said at the meeting that there was a “definite possibility” (I’d go further) that the agreement would be revived with Caesars.

It is not clear when this decision will be made, but the discussion about Carney’s position in the company as well as its suitability will continue in another MGC Meeting on Monday morning.

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