The future home of the Las Vegas Raiders has a founding partner.
Caesars Entertainment on Thursday announced a 15-year partnership with the Raiders and the Las Vegas stadium that is under construction and will play host to the first NFL franchise to call Sin City home in 2020.
The 65,000-seat stadium is scheduled to open in July of 2020, before the NFL season.
Financial terms of the deal were not disclosed. The partnership includes a Caesars-branded owner's suite at the 50-yard line, Caesars entrance and drop-off spot as well as VIP perks, including tickets to home games.
"The Raiders are proud to welcome Caesars Entertainment as a founding partner of Las Vegas Stadium," Raiders president Marc Badain said in a release announcing the deal. "We are honored to align with a company that shares the Raiders' values of improving the local community and delivering exceptional customer service in creating this transformative project."
The Caesars-Raiders partnership is the latest in a flurry of deals between professional sports leagues, teams and gaming operators.
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