
A leading casino and sports betting company could have a catalyst coming with the launch of an app to wager on horse racing for its existing and future customers.
What Happened: Caesars Sportsbook, which is owned by Caesars Entertainment Inc (NASDAQ:CZR) announced Caesars Racebook in partnership with the New York Racing Association. The new app will debut in the spring and provide wagering on horse racing for more than 250 horse race tracks worldwide.