Caesars Sportsbook customers in Colorado and Kentucky now have parimutuel horse race wagering available, just in time for Saturday’s Kentucky Derby and the upcoming Triple Crown races.
It launched Tuesday as Caesars Entertainment announced that the Caesars Racebook wagering interface has been integrated into the Caesars Sportsbook app in the states of Colorado and Kentucky.
Shared wallet for Caesars Sportsbook, Racebook
It’s a shared wallet integration, allowing current Caesars Sportsbook users in Colorado and Kentucky to quickly toggle via the app to Caesars Racebook and place parimutuel horse race wagers using their sportsbook account balance.
It’s one of the few shared sports betting/horse racing wallets in the industry, joining the current FanDuel Sportsbook-FanDuel Racing pairing.
The Caesars Racebook interface is powered by NYRA (New York Racing Association) Bets.
In addition, Caesars Racebook is tied to the Caesars Rewards loyalty program, and users will earn Reward Credits and Tier Credits with every horse racing wager.
“Integrating parimutuel horse racing into the Caesars Sportsbook app is a significant milestone for both our digital business and the sport of horse racing,” Caesars Digital Senior Vice President and Chief Development Officer Dan Shapiro said Tuesday in the company’s news release. “Our customers will be able to bet on horse racing, whether it’s the sport’s biggest events or daily races from tacks around the world.
“Now our product seamlessly puts the action directly in front of an expanded audience and reinforces Caesars’ commitment to horse racing. We look forward to continuing our work with the New York Racing Association and NYRA Bets to expand the availability across more states as we gain regulatory approvals.”
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Live streams of 300-plus horse races available
Live race streams are an integral horse wagering industry standard, and Caesars Racebook is delivering on that front as well.
Caesars said in the release that live streams of more than 300 annual races will be available on Caesars Racebook, including streams from Aqueduct, Saratoga Race Course, Gulfstream Park and Santa Anita in addition to races at Caesars’ current partner tracks such as Del Mar, Monmouth Park, Keeneland and Red Mile.
Caesars also currently operates a number of prominent horse tracks as well, including Harrah’s Hoosier Park, Horseshoe Indianapolis, Harrah’s Philadelphia and Eldorado Gaming Scioto Downs.
In addition to live race streams, Caesars Racebook horse bettors also will have access to race statistics and handicapping data within the app.
“Horse racing plays an important role in the betting marketplace, and we appreciate Caesars’ long-standing commitment to elevating the sport and growing fan engagement,” NYRA president Tony Allevato said in the Caesars release. “Launching the shared wallet functionality allows Caesars to provide its large customer base with premier racing content through a comprehensive and easy-to-access wagering menu.”
The Caesars Sportsbook/Racebook integration is expected to expand soon to other states.
Meanwhile, the Caesars Racebook standalone app remains available for download on iOS, Android and desktop in 20 U.S. states, including California, Florida, Massachusetts, New York, Ohio, Pennsylvania and Virginia.