In today’s sports gambling market, NBA teams partnering with sports betting companies is now the norm. Following this trend, Caesars Sportsbook partners with the Memphis Grizzlies to become their official sports betting partner of the team. As a fairly young NBA franchise, the Grizzlies had a nice run last season with a 52-26 record. Using their rise in popularity, they are cashing in on their success in and out of the court.
According to the announcement by both Caesar Entertainment and the Grizzlies the multi-year partnership will have “unique game day promotions”. In addition, there will be a Caesars Sportsbook lounge opening on the main plaza for all events at FedExForum. Therefore, agreement will also expand the sportsbook’s existing Tennessee presence at the Horseshoe Tunica.
While sports betting is legal in Tennessee, that is only thru the use of online sportsbook software and apps. Therefore, in the lounge, Players will be able to utilize the Caesars Sportsbook mobile app.
In the press release, Chris Holdren, Co-President of Caesars Digital, said “Tennessee is an important state for us”. Therefore, he expects this partnership to allow them to engage with more sports fans while giving them a unique experience.
Caesars Sportsbook Partners with the Memphis Grizzlies: Partnership Details
According to sportsbook pay per head news, Caesars Sportsbook will have access to use the official Grizzlies logos. While this is normal for this type of deal, Caesars will also be the presenting partner for shows on Grind City Media. These include The Chris Vernon Show, The Odds Couple, the GCM Pick ’em Panel and more.
In addition, Caesars Sportsbooks will also have “TV visible fix in-game signage” through the Forum. Therefore, they will be on the Grizzlies’ pre-and-post-game radio broadcasts and other digital and social media content. NBA News source says that the Memphis Grizzlies President, Jason Wexler is very happy with the deal”. This is because it will continue to enhance, develop and execute the best -in-class content for all sports fans.
As bonus to the newly made partnership, Bettors in Tennessee will now have access to Caesars Rewards. A rewards program is the perfect promotion for sportsbooks as players can earn both Tier and Rewards Credits by wagering money. Gamblers can then redeem these credits for bonus cash, discounts and Grizzles invitation only events and much more.
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