Jake Paul's Betr Gets Sports Betting Access To Indiana
Jake Paul's Betr has reached an agreement with the Eastern Band of Cherokee Indians to enter the sports wagering space in Indiana via Caesars Southern Indiana in Elizabeth. BetR was founded by Joey Levy and Jake Paul. Paul is 6-0 as a boxer after defeating former UFC champion Anderson Silva on Saturday night. The pair raised $50 million in funding. They raised it in two rounds. The first round was a Series A and the second one was Series B.
Jake Paul's Betr has been selected as a mobile betting partner for Caesars Southern Indiana. Caeresars acquired the property in 2021 from Eldorado Resorts. Caerus Southern India is a short drive from Louisville and less than two hours from Lexington. The venue’s retail sportsbook generated close to $19.8 million handle for the first nine months of 2022. It is less $200,000 shy of matching its 2021 revenue total of $2.5 million.
