Motor City Casino Stock

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In an agreement that brings together America’s #1 sportsbook with a premier destination for entertainment in Detroit, FanDuel Group will take its industry-leading sports betting services to MotorCity Casino. Beginning on March 12th, 2020, this collaboration will allow guests and sports fans to place bets in an exciting, newly designed area of the award-winning casino.

Motor city casino stockMotor city casino stock

The state's commercial casinos, all located in Detroit, include the MGM Grand, MotorCity Casino Hotel, and Greektown Casino-Hotel. (See BP stock analysis on TipRanks)To find good ideas for. Buying an S&P 500 stock that TheStreet Ratings rated a 'buy' yielded a 16.56% return in 2014 beating the S&P 500 Total Return Index by 304 basis points. MotorCity Casino Hotel is a casino and hotel in Detroit, Michigan. It opened in December 1999 and is one of three casino hotels in the city. There are four in the Detroit–Windsor area, including the Ontario-owned Caesars Windsor. Detroit is one of the largest American cities and metropolitan regions to offer casino resort hotels.

The two-story sportsbook will feature six betting windows, sixty-seven high-definition televisions, one ticker, a VIP area, and fifty-four self-service IGT PlaySports betting kiosks. The FanDuel Sportsbook at MotorCity Casino will accept bets on all major U.S. sports, including baseball, hockey, soccer, football, basketball, golf, boxing, motorsports racing, and more.

Motor City Casino Stock

'For two decades, we have been committed to reimagining the guest experience – consistently raising the bar with innovative entertainment, world-class luxury hotel accommodations and high energy gaming activities,” said Bruce Dall, president of MotorCity Casino. “This relationship takes it to the next level. With FanDuel, our guests will be able to engage with their favorite sports in a dynamic new way at Detroit’s only locally-owned and operated casino.”

Motor City Casino Stock Price

'Detroit is an incredible sports town – the ‘City of Champions’. As we look to expand our national footprint and bring America’s top sportsbook to more customers across the country, this was a perfect fit,” said Matt King, chief executive officer of FanDuel Group. “It has everything we look for – from the industry leading casino operation to the proud and passionate Midwest fanbase. Exciting things are happening in Detroit, and we couldn’t be more excited about this move to the Motor City.”

FanDuel will administer all core services affecting betting for the Sportsbook. As such, guests can place bets on a number of games, including the Detroit Tigers and Detroit Red Wings. Operating in absolute compliance with all gaming and sports league rules and regulations, MotorCity Casino revenue is explicitly not tied to the outcome of any particular baseball or hockey game.

Motor city casino stock price

Motorcity Casino Stock Symbol

About FanDuel Group

FanDuel Group is an innovative sports-tech entertainment company that is changing the way consumers engage with their favorite sports, teams, and leagues. The premier gaming destination in the United States, FanDuel Group consists of a portfolio of leading brands across gaming, sports betting, daily fantasy sports, advance-deposit wagering, and TV/media, including FanDuel, Betfair US, and TVG. FanDuel Group has a presence across 46 states and 8.5 million customers. The company is based in New York with offices in California, New Jersey, Florida, Oregon, and Scotland. FanDuel Group is a subsidiary of Flutter Entertainment plc, a leading international sports betting and gaming operator and a constituent of the FTSE 100 index of the London Stock Exchange.

About MotorCity Casino Hotel

Located on Grand River Avenue at the Lodge Freeway (M-10), MotorCity Casino Hotel is Detroit’s only casino-hotel property that has earned a AAA Four Diamond rating for both its hotel and fine dining restaurant. The entertainment complex is comprised of an expansive gaming space including smoke-free gaming areas and an award-winning 400-room ultra-comfortable and high tech hotel with a luxury spa and fitness center. MotorCity Casino Hotel offers several unique dining options including the Assembly Line buffet, The Lodge Diner, Grand River Deli & Burgers, Little Caesars, and Iridescence, an award-winning fine dining restaurant. Other amenities include Sound Board, an intimate live performance venue, and over 67,000 square feet of function and banquet space. For more information about MotorCity Casino Hotel, or to make a reservation, visit www.MotorCityCasino.com or call 1-866-STAY-MCC.

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