*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).
Elon Musk may not have founded Tesla, but he has become the company, and it’s become him. Now sales are plummeting. Is he toxic for the Tesla?
About 780,000 pressure washers sold at retailers like Home Depot are being recalled across the U.S. and Canada, due to a projectile hazard that has resulted in fractures and other injuries among some consumers.
Europeans upset with Elon Musk still aren’t buying his electric cars, adding to a long losing streak for his company.
President Donald Trump has fired one of two Democratic members of the U.S. Surface Transportation Board to break a 2-2 tie ahead of the board considering the largest railroad merger ever proposed.
Ford is recalling more than 355,000 of its pickup trucks across the U.S. because of an instrument panel display failure that’s resulted in critical information, like warning lights and vehicle speed, not showing up on the dashboard.
Nvidia reported a 56% increase in second-quarter revenue and a 59% rise in net income compared to a year ago.
The Rev. Al Sharpton is set to lead a protest march on Wall Street to urge corporate America to resist the Trump administration’s campaign to roll back diversity, equity and inclusion initiatives. The New York civil rights leader will join clergy, labor and community leaders Thursday in a demonstration through Manhattan’s Financial District that’s timed with the anniversary of the Civil Rights-era March on Washington in 1963. Sharpton called DEI the “civil rights fight of our generation." He and other Black leaders have called for boycotting American retailers that scaled backed policies and programs aimed at bolstering diversity and reducing discrimination in their ranks.
President Donald Trump's administration last month awarded a $1.2 billion contract to build and operate what's expected to become the nation’s largest immigration detention complex to a tiny Virginia firm with no experience running correction facilities.
Netflix CEO Ted Sarandos claims audiences don't want to watch Netflix movies in theaters, but that seems not to be the case recently.
Chipmaker Nvidia is poised to release a quarterly report that could provide a better sense of whether the stock market has been riding an overhyped artificial intelligence bubble or is being propelled by a technological boom that’s still gathering momentum.
