*By Michael Teich*
The Baltimore Ravens are rolling the dice on a new partnership with Horseshoe casino.
"We're just excited about now that finally the league has allowed us to use the marks and logos in a casino where we've been prohibited \[from\] doing that in the past," the NFL team's Senior VP of corporate sales, Kevin Rochlitz, said Wednesday in an interview with Cheddar.
The Ravens are the second NFL team to ink a deal with a casino and are following in the footsteps of the Dallas Cowboys.
The agreement will allow Horseshoe to use team trademarks and logos; the casino plans to eventually build a new Ravens-themed bar on site.
The real opportunity, however, will present itself if the state of Maryland decides to legalize sports betting, Rochlitz said.
Earlier this year, the Supreme Court struck down a New Jersey law prohibiting sports betting, clearing the way for individual states to formalize the practice.
As of now, Nevada, New Jersey, New Mexico, Delaware, West Virginia, and Mississippi are the only states with full-scale legalized sports betting.
Rochlitz isn't concerned that an affiliation with a casino will damage his team's brand integrity.
"It's similar to drinking and those types of things. The league has those rules and regulations that they've set up and we're going to follow those league regulations," he said.
The NFL is estimated to add an additional $2.3 billion in revenue from sources related to legalized sports betting, according to the American Gaming Association ー more than the combined $1.7 billion projected for the NBA and MLB and $216 million expected for the NHL.
For full interview [click here](https://cheddar.com/videos/baltimore-ravens-roll-the-dice-on-new-partnership-with-horseshoe-casino).
Whether it’s a deepfake video of actor Tom Cruise discovering gum in a lollipop or President Joe Biden discouraging people from voting via telephone, you’ve likely come across a deepfake video, photo or audio recording.
Tensions in the South China Sea, Apple moving to India, and banning TikTok? The podcast ‘Face Off: The U.S. Versus China’ helps explain how we got here.
Cust2Mate is a leading innovator in retail technology, aiming to revolutionize the shopping experience. By implementing smart cart technology, the tech company addresses the issue of theft while enhancing the shopper's journey.
The Biden administration has unveiled a plan, Plan B, to address the student loan debt crisis. It offers to cancel up to $20,000 in interest for borrowers enrolled in income-driven repayment plans. This proposal aims to reset balances for those facing growing debt due to unpaid interest, benefiting low—and middle-income borrowers. An estimated 25 million borrowers are eligible for some form of interest forgiveness.
As we head into the second quarter, there’s an argument in favor of buying Boeing stock. Why? As one expert says, ‘there’s nowhere else to get planes.’
With inflation and prices still on the rise, it might be worth considering a carpool app. One of them, Singapore-based Ryde, just went public in the U.S.