Caesars Racebook New York App Now Open

Article ByDavid Weir

August 22, 2023

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Posted in: New York Gambling News, US Horse Racing News, US Sports Betting News

Las Vegas-based global gambling operator Caesars Entertainment has launched its horse racing wagering application, “Caesars Racebook,” in New York State.

The Racebook will launch in collaboration with the New York Racing Association, owners of the Belmont Park racing track (pictured). The two operators first announced the partnership more than a year ago in March 2022.

This move allows New York sports betting fans to participate in pari-mutuel betting on top-tier horse racing events globally. The app is also integrated with Caesars Rewards, which offers perks, experiences, and other bonuses at Caesars properties across the U.S. and at Wyndham hotels.

The launch of the Racebook app in New York is the latest in a line of launches after the introduction of the app in sixteen other states since launching in 2022.

“This is an important expansion of the partnership between NYRA Bets and Caesars Racebook that will contribute to the success of horse racing in New York State now and in the future,” said Tony Allevato, the President of NYRA Bets, in a joint press release from the new partners.

Long Road to Victory

New York, the biggest sports betting market in the country and also a keen horse race betting state, is obviously an attractive market for many gambling operators.

Caesars initially announced its partnership with NYRA in early 2022, when the Caesars Racebook project was revealed. However, it has since launched in 15 states – without New York on the list.

Those launches included in California, Colorado, Florida, Indiana, Kentucky, Louisiana, Maryland, Massachusetts, Minnesota, Montana, North Dakota, Ohio, Oregon, Pennsylvania, Washington, and Wyoming.

“Building on the popularity of our Caesars Sportsbook app, we are thrilled to launch Caesars Racebook in New York during the heart of the Saratoga race meet,” said Caesars SVP and Chief Development Officer Dan Shapiro.

Caesars’ Deep-Rooted Commitment

Caesars has a longstanding association with horse racing, evident from its sponsorship of the National Horseplayers Championship, held annually at the recently rebranded Horseshoe Las Vegas.

The company also operates horse racing tracks at various locations, including Harrah’s Hoosier Park, Horseshoe Indianapolis, Harrah’s Philadelphia, and Eldorado Gaming Scioto Downs.

Caesars has additionally opened a temporary casino venue in Columbus, Nebraska, while it builds the permanent Harrah’s Columbus Racing & Casino. The combined casino, sportsbook, and mile-long thoroughbred racetrack is set to open in 2024.

In Nebraska, the state’s newest casino projects are required to build racetracks or partner with existing horse racing operators to help boost the historic sport.

However, in New York, horse racing has been doing rather well, including the incoming prospect of a license to expand for the two downstate racing casino venues, and dozens of operators competing for an additional license to build a casino resort.

Earlier in 2023, the state saw that potential and approved a $450 million finance package for significant renovations at Belmont Park. It marks the first major renovation in more than 50 years.

The renovation plans include a brand-new clubhouse and grandstand. Now that the partnership with Caesars Racebook has finally rolled out, the new Belmont Park could potentially incorporate the brand in various ways, from digital and physical signage to mentions during live racing events.

“Caesars has a deep-rooted commitment to horse racing, and we couldn’t have a better partner to bring a premier horse racing mobile wagering experience to racing fans,” Shapiro said.