*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).
CES 2024 starts this week in Las Vegas. It's set to feature swaths of the latest advances and gadgets across personal tech, transportation, health care, sustainability and more. Here's a list of the coolest announcements so far.
Astronauts will have to wait until next year before flying to the moon and another few years before landing on it. NASA on Tuesday announced the latest round of delays in its Artemis moon-landing program.
The Biden administration has enacted a new labor rule that aims to prevent the misclassification of workers as independent contractors. The labor department rule going into effect Tuesday replaces a scrapped Trump-era standard that lowered the bar for classifying employees as contractors
The KC-46 was to be the ideal candidate for a fixed-price development program. Instead, it has cost Boeing billions, and made industry wary of such deals.
Dave Long, CEO and Co-Founder of Orangetheory Fitness joins Cheddar to chat trends in the industry for 2024. He updates us on the company's plans to expand and what the state of the economy has meant for business.
One of the world's largest renewable energy developers will be getting hundreds of wind turbines from General Electric spinoff GE Vernova as part of a record equipment order and long-term service deal.
A moon landing attempt by a private US company appears doomed because of a fuel leak on the newly launched spacecraft. Astrobotic Technology managed to orient the lander toward the sun Monday so its solar panel could capture sunlight and charge its onboard battery.
Treasury Secretary Janet Yellen has announced that 100,000 businesses have signed up for a new database that collects ownership information intended to help unmask shell company owners. Yellen says the database will send the message that “the United States is not a haven for dirty money.”