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Caesars Sportsbook, a division of Caesars Entertainment, the largest casino and entertainment company in the United States, announced plans to open a new Caesars-branded sportsbook in Puerto Rico. The launch is completed by a partnership between Caesars Sportsbook and Puerto Rico’s largest casino, Casino Metro.
Casino Metro and Caesars to Open Retail Betting Location
As part of the new deal announced Wednesday, the duo plan to launch a new sportsbook called MetroBets with Caesars Sportsbook. The new sports betting retail store aims to provide exciting experiences for Casino Metro guests. According to Caesars, the new retail sportsbook at Casino Metro will feature 12 self-service betting kiosks and three betting windows. The total project area is 7,000 square feet and is expected to feature 25 LED televisions and odds display boards for bettors’ convenience. Caesars confirmed that Casino Metro has already begun expanding the venue that will house the new betting business.
The Duo Plans to Expand Its Partnership in the Future
Caesars said that the location itself is scheduled to open in the second quarter of next year. In addition to retail betting, Caesars Sportsbook and Casino Metro have announced plans to launch a mobile sportsbook for Puerto Rico next year. Still, the launch is subject to regulatory approvals. Additionally, Caesars didn’t rule out further expansion through “other satellite betting sites” under Puerto Rico regulations. However, more details on the above increases between Caesars and Metro Casino are yet to be confirmed.
The Collaboration Brings Excitement for Caesars, Casino Metro
Eric Hession, President of Caesars Digital, said the retail location complements the Company’s plan for the regulated gaming market in Puerto Rico. At the same time, he explained that the Company wants to offer bettors unique experiences by capitalizing on his knowledge. Finally, Hession said Caesars had found the best partner in selecting Casino Metro and predicted the collaboration would bring unique experiences for sports betting fans. A potential partner who brings in-depth and localized knowledge of the market. Ismael Vega, General Manager of Casino Metro, added that the Company is pleased to announce the MetroBets with Caesars Sportsbook brand, which will help create more than 30 new jobs.
He added that the casino is constantly innovating, so introducing sports betting was a “natural step.” Finally, Vega said the Company looks forward to working with an industry expert like Caesars to launch sports betting.
About Casino Metro:
At 23,000 square feet, Casino Metro is the largest facility in all of Puerto Rico by area and number of slot machines. Casino Metro features 19 gaming tables and 547 slot machines, many of which are exclusive to Casino Metro. The expansion in 2023 will bring the last 30,000 square meters of gaming space along with more than 25 table games and more than 650 slots. Casino Metro is managed and operated by Interlink, an integrated real estate resource with over 44 years of experience in Puerto Rico and the Caribbean. The Company focuses on developing, constructing, and managing hospitality, residential and commercial assets, and real estate.
