Fanatics Opens Retail Sportsbook at Cleveland’s Progressive Field
LISTEN TO THIS ARTICLE:Following its launch online in four states last week, Fanatics Betting & Gaming has now opened a retail sportsbook at Progressive Field, the home of the baseball team, the Cleveland Guardians.
The new venue is located at the intersection of Larry Doby Way and East 9th Street. It occupies roughly 600 square feet and offers visitors two betting windows, four self-service kiosks, and seven television screens. It is the operator’s first retail sportsbook in the US.
Related: Fanatics Exits Beta Phase and Unveils Full-Scale App in Four States
Betting Opened by Paul Shuey
The Cleveland Guardians’ pitcher, Paul Shuey, placed the first bet, wagering $20 on the University of North Carolina to defeat the University of South Carolina in an upcoming game.
This is Fanatics Betting & Gaming’s first retail sportsbook at a Major League Ballpark. We designed this location to complement our online sports betting app and usher in a brand-new sports betting experience with the most rewarding online sportsbook in Ohio, allowing customers to earn up to 5% back in FanCash on every bet.
Fanatics Faces Competition from FanDuel and DraftKings
Fanatics Betting & Gaming’s launch in the US has been a long time coming, but the company will be facing stiff competition from FanDuel and DraftKings, two of the largest sports betting operators in the country.
However, with actions such as the $225 million acquisition of PointsBet’s US operations, the company has signaled its intent to make its presence felt.
Caesars Abandons Raynham Park Racetrack
In related business news, Caesars announced that it is no longer in negotiations to open a retail sportsbook at Raynham Park racetrack. The announcement was met with surprise as regulators had already begun the process of assessing the track’s license application. There is some speculation that it may be due to significant pressure in recent times for greyhound racing to be banned.
Caesars’ decision to withdraw from the venue came after bet365 abandoned its own attempt to offer mobile sports betting through Raynham Park, suggesting that there are significant problems with the location.
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