Saturday, June 20, 2026

Caesars Becomes First College Bowl Gambling Operator

  • Caesars Entertainment has a deal to offer gambling opportunities at the Fiesta Bowl and Guaranteed Rate Bowl.
  • It’s the first such partnership between a sportsbook and college football game.
Fiesta Bowl/Design: Alex Brooks

Caesars Entertainment is spicing up the Fiesta Bowl with betting opportunities — the first such collaboration between a sportsbook and a college bowl game.

The company will provide gambling and fantasy gaming opportunities related to the contest. It will also operate fan lounges at the Fiesta Bowl at State Farm Stadium and the Guaranteed Rate Bowl at Chase Field.

Caesars is investing heavily in sports in Arizona and beyond. 

  • In April, the company completed its $4 billion acquisition of sportsbook operator William Hill.
  • Caesars became the Arizona Diamondbacks’ betting partner in May, shortly after becoming an MLB-authorized gambling partner.
  • In July, Caesars acquired naming rights to the Superdome, home of the New Orleans Saints, in a 20-year, $138 million deal.

While the NCAA has historically been opposed to sports betting, the practice is making its way into college sports.

In September 2020, PointsBet struck a five-year, $1.6 million sponsorship deal with the University of Colorado. The Arizona Bowl made Barstool Sports, which operates a sportsbook, its title sponsor in July.

Sports betting in Arizona is set to begin on Sept. 9. The Arizona Cardinals will be the first NFL team to have a sportsbook in its home stadium after striking a deal with BetMGM earlier this month.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Kalshi's logo is displayed on a smartphone placed on a reflective surface onto which a betting curve is projected in Creteil, France, on March 9, 2026, during a major scandal and a $54 million lawsuit concerning bets related to recent strikes in Iran. (Photo by Samuel Boivin/NurPhoto)NO USE FRANCE

Kalshi’s Tarek Mansour Talks Giannis, Don Jr., Supreme Court

The Kalshi cofounder discussed critics, CFTC rulemaking, and more.
Sen. Ted Cruz (R-TX) listens as Sen. Maria Cantwell (D-WA) speaks during a hearing on the “Protect College Sports Act” before the Senate Commerce Committee, on Capitol Hill in Washington, D.C., U.S., June 3, 2026.

Ten Pro Sports Unions Criticize Bipartisan College Sports Bill

“The bill further silences college athletes’ voices on the job,” the AFL-CIO said.
Reuters FILE PHOTO: Kalshi logo appears in this illustration created on April 22, 2026.

Kalshi CEO Downplays Polymarket Rivalry

Tarek Mansour says Polymarket’s scandals risk sullying the entire industry.
podcast thumbnail mobile
Front Office Sports Today

A Conversation With WNBA Expansion Team Portland Fire’s GM Vanja Černivec

0:00

Featured Today

Why U.S. Open Host Sites Are on a 25-Year Plan

The U.S. Open has already picked out 22 future sites through 2051.
Wisconsin Badgers forward Laila Edwards, left, and defender Caroline Harvey celebrate after Edwards scored against the Minnesota Gophers in the first period in a game Saturday, February 8, 2025, at LaBahn Arena in Madison, Wisconsin.
June 15, 2026

Two Rookies Are Rewriting Women’s Hockey Stardom

Their platforms are a mutual boon for the PWHL and its players.
Ai sports slop
June 5, 2026

How Sports Became Ground Zero for AI Slop

The category is the perfect breeding ground for AI content churn.
FILE PHOTO: Soccer Football - FIFA World Cup - UEFA Qualifiers - Group A - Germany v Luxembourg - Rhein-Neckar-Arena, Sinsheim, Germany - October 10, 2025 Germany coach Julian Nagelsmann
June 4, 2026

‘Weird Corners of the World’: How to Find a World Cup Coach

National associations look for a winning record—and also hope for serendipity.
June 3, 2026

The Elite High Schools Hosting World Cup Teams

Spain, Morocco, Croatia, and Switzerland chose schools as their tournament base camps.
In this photo illustration, a mobile device displays the Kalshi logo while a laptop displays the webpage of the prediction market platform in Copenhagen, Denmark, on February 10, 2026. (Photo by Kristian Tuxen Ladegaard Berg/NurPhoto)

CFTC’s Proposed Rules Won’t Quiet Prediction-Market Critics

Markets tied to physical altercations or referee decisions would be flagged.
Fanduel
June 8, 2026

FanDuel Is Latest Gambling Company to Cut Jobs

Sources tell FOS a few hundred people were laid off last week.
Courtesy: Jake Epstein
June 10, 2026

Knicks Run Is New Front in the Kalshi-Polymarket Marketing War

Prediction-market platforms have capitalized on the Knicks’ Finals run.
Sponsored

Midge Purce Sounds Off on the Trinity Rodman Rule

Midge Purce discusses the Rodman Rule and the future of NWSL.
Reuters FILE PHOTO: Kalshi logo appears in this illustration created on April 22, 2026.
June 1, 2026

DraftKings Cofounder ‘Loves’ Prediction Markets Despite Attacks

Matt Kalish credits Kalshi with fighting legal and regulatory battles for the entire industry.
May 26, 2026

Trump Decries Prediction-Market Detractors As ‘Scum’

The president’s son is an investor in Polymarket and an advisor to Kalshi.
May 24, 2026

Sportradar Hit With Lawsuit Over Alleged Illegal Gambling Ties

The suit alleges investors were harmed by shady overseas business conduct.
Mark Cuban
May 20, 2026

Mark Cuban: ‘Betting Isn’t the Problem’

These wagers have been behind the recent MLB and NBA gambling scandals.