The SoFi Stadium management o Tuesday released a statement saying that Pechanga Resort Casino is the stadium’s newest partner. In the new deal, the tribal casino, located in Southern California, will be the new stadium casino representative.
This is after the casino partnered with the Los Angeles Rams and Chargers. Pechanga Resort Casino is owned and run by Pechanga Band of Luiseno Indians. It is located not more than 100 miles Southeast of SoFi stadium.
The casino was opened in 2002 and is home to 1090 hotel rooms, 5000 gaming slots and tables. The stadium, on the other hand, is expected to be a new home for the NFL team. The stadium is located in Inglewood, is worth $5 billion and has a capacity of 70,000.
In 2018, the US Supreme Court lifted the ban that had been placed on sports betting, giving states the freedom to choose whether they wished to let online betting take place within their borders. Since then, 13 states have legalized sports betting and even have operational legal sportsbooks.
According to a publication on the casino.org site, the decision by the court also affected how the NFL did its advertising. It loosened its regulations on marketing, allowing NFL teams and stadiums to receive promotional items from casinos and other gaming companies. However, they still did not allow any of their team or stadium to advertise sports betting.
It seems Pechanga is not the first casino to strike a deal with a football team or stadium. So far, NFL teams and stadiums have struck deals with casino owners all over the country. In September 2018, the Dallas Cowboys partnered with WinStar Casino in Oklahoma, making it its official casino sponsor.
Earlier in August, the Green Bay Packers partnered with Oneida Nation Indians and its three casinos. This was its first-ever official casino partner in its 100-year history. In November 2018, NFL struck a deal with Caesars Entertainment making it the first official casino stadium for the Allegiant Stadium.
Later in January, NFL named the Caesars as the league’s sponsor, allowing the casino to use NFL’s known slogans such as the ‘super bowl’. Besides, MGM Resorts has forged a partnership with the New York Jets.
The Oakland Raiders are expected to move to Las Vegas Strip during the 2020 season. The Las Vegas Strip, which is going to be their new home is coming close to completion. It is worth $2 billion, is dome-shaped and has a capacity of 65,000.
SoFi Stadium is much larger with its 70,000 capacity which can be expanded to 100,000. Although a budget is not yet set for this possibility, it is definitely likely that with time things might turn in favor of this prospect. It also features a retractable roof. The surrounding area is expected to be developed into accommodation and shopping areas. In its vicinity is the Hollywood Park casino where only registered members are allowed to play and do not have gaming slots.
