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Caesars to Build Harrah's Branded Casino, Racetrack in Nebraska

Casino powerhouse Caesars Entertainment, Inc. Columbus Exposition and Racing (CER)

Nebraska's recently expanded gambling market through partnership with .

Founded in 2013, CER is a Columbus-based nonprofit. “dedicated to the future of horse racing” in the region and in Nebraska as a whole. It has now chosen Caesars as its partner to further enter the province's expanding gaming and racing market.

Nebraska residents last November, allowing casino-style games on licensed horse racetracks The trio overwhelmingly approved the initiative. allowed the state to regulate the newly expanding gambling industry and set up % 000. Gross game revenue ratio from newly legalized products.

The initiatives did not explicitly include sports betting, but Governor Pete Ricketts signed a measure in May allowing this practice as well. This basically means that the six commercial horse racing tracks in the state are now with races. Las Vegas style gaming and betting activities It means it can run.

CER board members have operated Live Racing and Simulcasting at Ag Park in Nebraska since 200. ).

20300New Harrah's Property

New Harrah's property is located just off Highway 81 in Columbus. A new one kilometer horse race surface is planned to be 1,000,000. -square casino

slot machines, 20 table games and a sportsbook.

The new complex is expected to cost $75 million to build and finish late by 2022.

Commenting on their partnership with Caesers, CER General Manager Tom Jackson said they were excited to host the Harrah's brand in Nebraska and while searching for a suitable casino operator partner, “Harrah's brand awareness and its employees, customers and the communities in which they operate The principles of commitment were an easy choice.”

Mr. As Jackson seeks to create a new entertainment destination for the Midwest, his alliances with the Caesars are an important one. went on to say it would be an “economic driver and job creator” and also CER's dedication to the hardworking people involved in the Nebraska horse racing industry. will strengthen it further. ”

When Caesars CEO Tom Reeg lets Nebraska casino and sports betting “Our experience in the casino industry combined with our dedication to horse racing has made Harrah's the perfect fit.”

Mr. Reeg added that they now look forward to creating “a brand new Harrah experience in Columbus” and connecting this property to Caesars Rewards nationwide.

Caesars Senior Vice President Racing, Joe Morris, said they are excited to have the opportunity to transform Columbus' horse racing industry and be able to build a new world-class track. on a Caesars property, their dedication to the racing industry and “continuing the region's deep-rooted racing tradition”

shows their intentions.

Source: COLUMBUS EXPOSITION AND RACING CONTRACTS WITH CAESARS FUN TO DEVELOP CASINO AND RACETRACK IN NEBRASKA, PR Newswire, July 2, 2021

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