Arrangement will result in premier sports betting retail location at the Hall of Fame Village powered by Johnson Controls’ Fan Engagement Zone
Hall of Fame Resort & Entertainment Company (“HOFV” or the “Company”) (NASDAQ: HOFV, HOFVW), the only resort, entertainment and media company centered around the power of professional football, today announced it has signed a 10-year agreement with Rush Street Interactive, Inc. (“RSI”) (NYSE: RSI) to allow for the operation of a premier sports betting location at the Hall of Fame Village powered by Johnson Controls, subject to procurement of necessary licenses.
“With the legalization of sports betting in Ohio, we see a variety of opportunities and benefits across our Company’s multiple business lines,” said Michael Crawford, President and CEO of HOFV. “We considered many different retail sportsbook operators, but selected RSI because of its outstanding reputation, impressive sportsbook results in other markets, and the quality and experience of its team. We are thrilled to work with RSI to bring a retail sportsbook to the Hall of Fame Village’s Fan Engagement Zone and provide guests and fans a new and enhanced way to interact with their favorite sports, all conveniently from our campus.”
RSI, a leading retail, online and social gaming sportsbook operator, was founded by gaming industry veterans with decades of collective experience in developing, supplying and operating regulated online gaming sites. RSI is currently live with real-money gaming operations in 12 U.S. states, including the neighboring markets of Pennsylvania, Indiana and West Virginia. Notably, RSI was the first company to launch legal online sportsbooks in Pennsylvania, Illinois, Indiana and Colorado. Moreover, based on publicly available data, RSI is the retail market leader in the three most populous states that have legalized retail sports betting – Pennsylvania, Illinois and New York.
“We are excited to partner with the Hall of Fame Resort & Entertainment Company, a unique sports and entertainment company with exceptional reach in professional football and beyond,” said Richard Schwartz, Chief Executive Officer of RSI. “HOFV shares RSI’s drive to create fun, memorable experiences for customers as well as our passion for building a one-of-a-kind destination that will delight the millions of guests that will visit the Hall of Fame Village campus each year. We look forward to offering a best-in-class sportsbook commensurate with the prestige of the Pro Football Hall of Fame and Hall of Fame Village that sports fans across the country and world can enjoy.”
RSI joins other world-class brands including Don Shula’s, Esports Entertainment Group, and Topgolf Swing Suites at the Destination’s Fan Engagement Zone, adding depth to its roster of high-quality retail tenants. The RSI – HOFV agreement also features an exciting sponsorship component, adding RSI to the Hall of Fame Village powered by Johnson Controls’ slate of influential companies that support the Destination.
About Hall of Fame Resort & Entertainment Company
Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW) is a resort and entertainment company leveraging the power and popularity of professional football and its legendary players in partnership with the Pro Football Hall of Fame. Headquartered in Canton, Ohio, the Hall of Fame Resort & Entertainment Company is the owner of the Hall of Fame Village powered by Johnson Controls, a multi-use sports, entertainment and media destination centered around the Pro Football Hall of Fame's campus. Additional information on the Company can be found at www.HOFREco.com.
About the Hall of Fame Village powered by Johnson Controls
Hall of Fame Village powered by Johnson Controls is a multi-use sports, entertainment and media destination centered around the Pro Football Hall of Fame's campus in Canton, Ohio. Owned by the Hall of Fame Resort and Entertainment Company (NASDAQ: HOFV, HOFVW), the Village currently has over $250 million worth of assets under management and is one of the largest ongoing construction projects in Ohio. Phase I of the project entailed the construction of the Tom Benson Hall of Fame Stadium, a world-class 20,000 seat, sports and entertainment stadium, and the National Youth Football and Sports Complex. Phase II, currently under construction, will add the Constellation Center for Excellence, the Center for Performance, a Fan Engagement Zone, a Hall of Fame indoor waterpark and a Hilton Tapestry Hotel. Phase III is currently in planning stages. For more information, visit www.HOFVillage.com.
About Rush Street Interactive
Rush Street Interactive is a trusted online gaming and sports entertainment company focused on regulated markets in the United States and Latin America. Through its brands, BetRivers.com and PlaySugarHouse.com, RSI was an early entrant in many regulated jurisdictions and is currently live with real-money mobile, online and/or retail operations in twelve U.S. states: Pennsylvania, Illinois, New Jersey, New York, Connecticut, Michigan, Indiana, Virginia, Colorado, Iowa, West Virginia and Arizona. RSI is also active internationally, having been recognized as Sportsbook Operator of the Year at the SBC Latinoamérica Awards 2021, where it offers its online casino and sportsbook in the regulated gaming market of Colombia on RushBet.co. RSI offers, through its proprietary online gaming platform, some of the most popular online casino games and sports betting options in the United States. Founded in 2012 in Chicago by gaming industry veterans, RSI was named the 2020 Global Gaming Awards Digital Operator of the Year and the 2021 EGR North America Awards Casino Operator of the Year, Customer Services Operator of the Year and Social Gaming Operator of the Year. RSI is committed to industry-leading responsible gaming practices and seeks to provide its customers with the resources and services they need to play responsibly. For more information, visit www.rushstreetinteractive.com.
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