January 2 / 2023

Caesars Entertainment and the Cleveland Cavaliers Celebrate the Grand Opening of Caesars Sportsbook at Rocket Mortgage FieldHouse

Caesars Sportsbook at Rocket Mortgage FieldHouse Grand Opening Spotlight Image

CLEVELAND, Ohio (Jan. 2, 2023) – Caesars Entertainment, Inc. (NASDAQ: CZR) (“Caesars”) – in partnership with the NBA’s Cleveland Cavaliers – today celebrated the ceremonial grand opening of Caesars Sportsbook at Rocket Mortgage FieldHouse in Cleveland. The new, 10,355-square-foot sportsbook accepted its first legal sports wagers on New Year’s Day, January 1. 

The Jan. 2 ceremonial grand opening marked the first time the sportsbook was operational during a Cavs home game. The event featured remarks from Caesars and Cavs representatives, appearances by Cavs Legends, a ceremonial first bet, and a combined donation of $40,000 from Caesars Sportsbook and the Cavaliers to Seeds of Literacy, a nonprofit organization that provides free GED® and HiSET® preparation and basic education to adults in the Cleveland area.

Caesars Sportsbook is easily accessible in the heart of the Gateway District in downtown Cleveland. Its location within the FieldHouse glass atrium offers an incredible view of the Cuyahoga River and allows for natural sunlight to shine throughout the space. It also provides a seamless connection to the more than 200 ticketed events hosted at the venue each year, including Cavs and Cleveland Monsters (AHL) games. The sportsbook features wall-to-wall flatscreen televisions, five betting windows, and 15 self-service betting kiosks with an extensive food and beverage menu and an elevated lounge-like atmosphere across two stories.

“We expect Caesars Sportsbook at Rocket Mortgage FieldHouse to be a go-to entertainment destination for sports fans in Ohio,” said David Grolman, SVP & Chief Retail Sportsbook Officer at Caesars Sportsbook. “This unique retail sportsbook anchored to a franchise with tremendous pedigree provides potential customers with a rewarding experience they can’t find anywhere else.”

“The launch of legalized sports betting in Ohio and the grand opening of Caesars Sportsbook at Rocket Mortgage FieldHouse is a historic moment for our franchise, Northeast Ohio and the entire state,” said Cleveland Cavaliers, Rocket Mortgage FieldHouse and Rock Entertainment Group CEO, Nic Barlage. “It is with great pride and responsibility that we open the first Sportsbook in a sports venue in Cleveland. Located within the heart and fabric of downtown Cleveland and connected to the over 200 events that the FieldHouse hosts each year, this Sportsbook will be an asset and amenity for our community, and we’re excited to bring it to life alongside our great partners in Caesars.” 

Caesars Sportsbook is an "Official Sports Betting Partner" and Caesars Entertainment is the "Official Casino Partner" of the Cavs, unlocking unforgettable experiences for bettors available through its industry-leading customer loyalty program Caesars Rewards. In addition to discounted getaways and world-class culinary experiences at Caesars destinations across the U.S., customers can enjoy special access to Cavs tickets, merchandise, experiences with Cavs Legends, and more.

Caesars Sportsbook and the Cavaliers donate $40,000 to Seeds of Literacy Spotlight Image

Caesars Sportsbook at Rocket Mortgage FieldHouse is Caesars Entertainment’s third sportsbook at a U.S. professional sports facility, adding to the industry’s first in-arena sportsbook – Caesars Sportsbook at Capital One Arena in Washington, D.C., and Caesars Sportsbook at Chase Field in Arizona, home of the Arizona Diamondbacks. The opening adds to Caesars’ legacy in the Buckeye State, where it just opened another Caesars Sportsbook location at top horse racing and gaming destination Eldorado Gaming Scioto Downs in Columbus. 

Eligible sports fans are welcome to visit the sportsbook year-round, which is now open on both event and non-event days Monday through Thursday from 10 a.m. to midnight, Friday from 10 a.m. to 1 a.m., Saturday from 9 a.m. to 1 a.m., and Sunday from 9 a.m. to midnight.

For real-time industry updates and to join the empire of like-minded Caesars, players can engage with the Caesars Sportsbook social handle @CaesarsSports on Twitter, Instagram, and Facebook. For more information, please visit www.rocketmortgagefieldhouse.com and follow @Cavs on Twitter, Instagram, and Facebook.