Benzinga | Sep 8, 2021 12:18PM EDT

Caesars Entertainment Enters Sports Betting Partnership With Baltimore Ravens

* Caesars Entertainment Inc (NASDAQ:CZR) has signed a partnership agreement with The Baltimore Ravens, becoming the team's premier sport betting partner.

* The agreement will also expand Horseshoe Baltimore's status as the NFL team's only official casino partner.

* The five-year agreement provides the newly-launched Caesars Sportsbook naming rights throughout the club level of M&T Bank Stadium, additional exposure through signature animated displays across all of the stadium's LED boards.

* Pending regulatory approval, Caesars Sportsbook will provide Ravens fans and other sports enthusiasts sports betting experience with its mobile app and at its retail sportsbook.

* Price Action: CZR shares are trading lower by 2.65% at $104.16 on the last check Wednesday.