Caesars Sportsbook pulled out of a deal to run a retail sportsbook at Raynham Park just as regulators were in the process of reviewing the race track’s bid for a sports betting license, regulators said.
Caesars Sportsbook notified the Massachusetts Gaming Commission it has terminated an agreement with the Massasoit Greyhound Association, the company behind Raynham Park, to open a retail location at the former greyhound track, Gaming Commission Interim Executive Director Todd Grossman said.
“Caesars Sportsbook has terminated the operating lease agreement that was in place between MGA and Caesars,” Grossman said. “That agreement set out the terms and conditions under which Caesars would essentially operate the sportsbook if MGA were to be awarded the category two license.”