Sunday, May 31, 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

Dec 6, 2025; Arlington, TX, USA; BYU Cougars safety Faletau Satuala (11) tackles Texas Tech Red Raiders tight end Terrance Carter Jr. (7) during the game between the Red Raiders and the Cougars at AT&T Stadium.

Big 12 Spring Meetings: CFP Expansion and Private-Capital Deal

Most Big 12 leaders support a 24-team CFP, though execution is unclear.
Mar 3, 2025; Miami, Florida, USA; Miami Heat guard Terry Rozier (2) warms up prior to the game against the Washington Wizards at Kaseya Center.

Feds Say Terry Rozier Took $70K Bribe in Sports Betting Case

Rozier’s attorney says it’s “all just a misplaced effort to make something stick.”
Nov 28, 2025; Atlanta, Georgia, USA; A general view of the the line of scrimmaged during a game between the Georgia Tech Yellow Jackets and Georgia Bulldogs in the first quarter at Mercedes-Benz Stadium.

At SEC Spring Meetings, a Consensus on Problems, but Not Solutions

Georgia discussed a “breakaway,” where the SEC would set or enforce its own rules.
May 26, 2026; Oklahoma City, Oklahoma, USA; Oklahoma City Thunder guard Shai Gilgeous-Alexander (2) drives past San Antonio Spurs guard Stephon Castle (5) and Oklahoma City Thunder center Chet Holmgren (7) picks in front of San Antonio Spurs forward Keldon Johnson (3) during the third quarter in game five of the western conference finals for the 2026 NBA playoffs at Paycom Center.
exclusive

Underdog Stands by Shai Gilgeous-Alexander Promo

SGA’s attorney demanded Underdog “destroy” a board game poking fun at him.

Featured Today

Frances Cabral-Delaney

How Arsenal Fandom Went ‘Manic’

“People do not become Arsenal fans because it’s easy,” says Zohran Mamdani.
May 23, 2026; Anaheim, California, USA; Fans participate in a tarp off during a MLB game between the Los Angeles Angels and the Texas Rangers at Angel Stadium
May 28, 2026

‘Tarps Off’: How Shirtless Fans Took Over MLB

The viral movement began with the SFA club baseball team.
Apr 6, 2026; Arlington, Texas, USA; Seattle Mariners catcher Cal Raleigh (29) walks to the on deck circle during the game against the Texas Rangers at Globe Life Field
May 28, 2026

Why Ballparks Are Louder Than Ever

Some stadiums sound like veritable nightclubs. How did we get here?
May 24, 2026; Evanston, IL, USA; Northwestern Wildcats attack Kathryn Ratanaproeksa (13) shoots against the North Carolina Tar Heels during the first half at Martin Stadium
May 26, 2026

Can Women’s Lacrosse Buck the Trend in College Sports?

The sport is fighting to prove its worth in the revenue-sharing era.

Trump Decries Prediction-Market Detractors As ‘Scum’

The president’s son is an investor in Polymarket and an advisor to Kalshi.
Mark Cuban
May 20, 2026

Mark Cuban: ‘Betting Isn’t the Problem’

These wagers have been behind the recent MLB and NBA gambling scandals.
May 24, 2026

Sportradar Hit With Lawsuit Over Alleged Illegal Gambling Ties

The suit alleges investors were harmed by shady overseas business conduct.
Sponsored

The Hidden Economy of Race Weekend

Learn more about the Vintage Flying Museum and how Spectrum Business is helping them achieve their business goals while fueling their dreams.
Jun 12, 2025; Washington, DC, USA; Gov. Tim Walz (D-MN), left, alongside Gov. JB Pritzker (D-IL), right, and Gov. Kathy Hochul (D-NY), not shown, testify before the House Committee on Oversight and Government Reform during a hearing on state immigration enforcement policy in Washington, D.C., on June 12, 2025.
May 19, 2026

Trump Admin Sues Minnesota to Block Prediction-Market Ban

Minnesota is the sixth state the federal regulator has sued.
DraftKingsApp
May 18, 2026

DraftKings Cofounder: Kalshi Is Years Away From Competitive Product

Kalshi responded with a gif from the movie “Mean Girls.”
May 9, 2024; Columbus, OH, USA; Sports are shown on TVs behind the bar as guests enjoy the grand opening of DraftKings Sports & Social in the Short North. Though there are no on-site betting windows, eligible customers can place bets through the DraftKings app.
May 15, 2026

Gambling Layoffs Pile Up As Sports Betting Industry Recalibrates

Penn Entertainment headlines three companies with layoffs this week.
exclusive
May 14, 2026

Polymarket’s Soccer Spree Continues With Serie A Deal

It’s the third big soccer deal Polymarket has reached this year.