Encore Boston Harbor reached a “preliminary agreement” to hand off one of its mobile sports betting licenses to Caesars Interactive Entertainment, according to new public records released Tuesday and confirmation from a spokesperson for the Everett casino.
The agreement is one of the first major deals to be publicly disclosed as the Massachusetts Gaming Commission works to stand up the state’s brand-new sports betting industry. It also shows that some businesses will have a chance to bypass a competitive license process if they can strike the right agreement with an already-established casino, horse racetrack, or simulcasting facility.
Encore Boston Harbor is in the process of applying for a category one license under the state’s sports betting law.
