Hall of Fame Resort & Entertainment Company Secures Approval for Sports Betting Licenses

Corridor of Fame Village BetRivers Sportsbook location would be the solely bodily sports activities e book in Stark County

Partnership with Betr will provide the primary direct to shopper (DTC) platform solely devoted to sports activities microbetting in Ohio

CANTON, Ohio, Nov. 2, 2022 /PRNewswire/ — Hall of Fame Resort & Entertainment Company (“HOFV” or the “Firm”) (NASDAQ: HOFV, HOFVW), the one resort, leisure and media firm centered across the energy {of professional} soccer, at this time publicizes it has taken the following step towards reside sports activities betting by securing conditional approval from the state for cellular and retail sports activities books.

Hall of Fame Resort & Entertainment Company (PRNewsfoto/Hall of Fame Resort & Entertainment Company) — Corridor of Fame Resort & Leisure Firm (PRNewsfoto/Corridor of Fame Resort & Leisure Firm)

The Ohio On line casino Management Fee offered the required authorization for HOFV to realize licensing for a bodily sports activities operation – referred to as a sportsbook – in addition to an internet betting platform, underneath Ohio’s sports activities betting regulation HB29. Sports activities betting will change into authorized in Ohio on New 12 months’s Day, 2023, when anybody within the state that’s of authorized betting age will have the ability to place wagers.

“The legalization of sports activities betting in Ohio, opens up a breadth of alternative throughout our firm’s three enterprise verticals and for our followers,” stated Michael Crawford, HOFV president and chief government officer. “We can have the one bodily sports activities e book in Stark County and the primary devoted sports activities microbetting platform through the Betr cellular app, bringing followers and visitors a mess of various and new methods to expertise sports activities leisure.”

HOFV beforehand introduced 10-year partnerships with Rush Street Interactive, Inc. (“RSI”) (NYSE: RSI) as its official retail sports-betting associate and Betr, based by sports activities betting veteran Joey Levy and media mogul Jake Paul, as its official cellular sports-betting associate.

The HOFV/RSI retail sportsbook will likely be named “BetRivers Sportsbook” and will likely be positioned on the Corridor of Fame Village’s Fan Engagement Zone, a sports activities and entertainment-themed promenade. The Fan Engagement Zone will provide rooftop views of Tom Benson Corridor of Fame Stadium and will likely be an lively hub for visitors to go earlier than, throughout and after occasions to have enjoyable, dine, and socialize. BetRivers will present followers a brand new and enhanced option to work together with their favourite sports activities, all conveniently from the HOFV campus in Canton, Ohio.

The HOFV/Betr cellular sportsbook will assist additional improve the fan expertise by providing customers a seamless option to place their bets on-line all through Ohio. The Betr app, already ranked within the prime 10 Prime Free Apps within the sports activities class within the Apple App Retailer for iPhone, takes sports activities prop betting to an entire new stage by introducing microbetting, which is able to allow customers to guess on almost each second of each reside sporting occasion – from pitches and at-bats, performs and drives, pictures and possessions – all finished merely and immediately from the palm of their hand. Shoppers can obtain the Betr app at this time to strive the free-to-play model, make follow bets, and Ohioans can prepare for sports activities betting within the Buckeye state in 2023.

About Corridor of Fame Resort & Leisure Firm

Corridor of Fame Resort & Leisure Firm (NASDAQ: HOFV, HOFVW) is a resort and leisure firm leveraging the facility and recognition {of professional} soccer and its legendary gamers in partnership with the Professional Soccer Corridor of Fame. Headquartered in Canton, Ohio, the Corridor of Fame Resort & Leisure Firm is the proprietor of the Corridor of Fame Village, a multi-use sports activities, leisure and media vacation spot centered across the Professional Soccer Corridor of Fame’s campus. Extra data on the Firm might be discovered at www.HOFREco.com.

Playing drawback? Name 1-800-GAMBLER – 21+ age requirement and bodily current in Ohio. Topic to regulatory licensing necessities.

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