Caesars Entertainment, one of the largest gaming companies in the world, has recently signed sports betting agreements with two Kentucky racetracks. The agreements will allow Caesars to offer sports betting services at the Churchill Downs Racetrack in Louisville and the Turfway Park Racetrack in Florence.

The agreements come after the Supreme Court of the United States struck down a federal ban on sports betting in May 2018. Since then, many states have legalized sports betting, and Caesars has been quick to capitalize on this new market.

Sports betting is a rapidly growing industry in the United States, with millions of Americans placing bets on their favorite sports teams and events every year. With the legalization of sports betting, many companies are looking to enter the market and offer their own services.

Caesars is one of the biggest players in the industry, with a presence in many states across the country. The company has been expanding its sports betting operations since the Supreme Court ruling, and the agreements with the two Kentucky racetracks are just the latest example of this.

Under the agreements, Caesars will operate sportsbooks at both racetracks, allowing customers to place bets on a variety of sports events. The company will also offer mobile betting services, allowing customers to place bets from their smartphones or other mobile devices.

The agreements are expected to be a major boost for both Churchill Downs and Turfway Park, as they will now be able to offer sports betting services to their customers. This is likely to attract more customers to the racetracks and increase revenue for both companies.

In addition to the agreements with the Kentucky racetracks, Caesars has also signed deals with other companies across the country. The company has partnerships with several professional sports leagues, including the NFL and NBA, as well as with individual teams and venues.

Overall, the agreements with the Kentucky racetracks are a significant development for Caesars and the sports betting industry as a whole. With more states legalizing sports betting and more companies entering the market, the industry is expected to continue growing in the coming years.