The Oakland Raiders will soon be making their new home in Las Vegas. This week, the Raiders’ new partner was officially revealed. To the surprise of many, the famous NFL team has teamed up with a tribal casino operator in California.
Allegiant Stadium, where the Raiders will play in Las Vegas, won’t be complete until 2020. It makes sense for the team to seek new partnerships before it opens up. Let’s look at why this team is moving to Vegas, and what this partnership means moving forward.
Why Are the Raiders Moving to Las Vegas?
The Raiders are well-known for having one of the most passionate fan bases in the entire NFL. There’s a mystique about the team which has long been considered the place for the league’s toughest players. Unfortunately, Oakland has struggled to generate much success over the years and has one of the lowest budgets of any NFL team.
Recently, the NFL demanded that the Raiders begin playing in a new stadium. The team’s current home is the RingCentral Stadium (the Colosseum) which it shares with the Oakland Athletics MLB team. It’s considered to be one of the worst stadiums in the country.
The Raiders failed to propose an adequate stadium solution to officials in the NFL. The team then decided it would make the move to Los Angeles. Once again, this idea was shot down by the league. Finally, the team agreed on plans to move into Las Vegas. To the surprise of some, heads of the NFL greenlit these plans. The team agreed to begin playing at the future Allegiant Stadium, in an area that many real estate firms are investing in.
Las Vegas has recently begun to embrace its professional sports industry. Just a few years ago, the Las Vegas Golden Knights were created here. They’ve quickly become one of the top teams in the NHL.
Not everyone is happy about it, but the Raiders are moving to Las Vegas. This week, the team announced its newest partner.
The Raiders’ New Partner Isn’t Based in Las Vegas
Many believed that the Raiders would team up with one of the many Las Vegas casino companies to help with promotional work and funding. Interestingly, the team has revealed this week that it’s signed a deal with San Manuel Casino, based in Southern California.
Marc Badain, President of the Raiders, commented on this new partnership to the media this week.
“We’ve talked often about how the (Allegiant Stadium) project is going to be transformative for the city of Las Vegas, the Raiders, the region and also for our partners,” he said. “We’re excited to have San Manuel Casino as a founding partner.”
The specific terms of this new deal have not been revealed to the public. Many believe it will be a profitable one for both parties, though. The Raiders’ new partner is no stranger to major sports partnerships. In fact, San Manuel Casino currently boats partnership deals with the Los Angeles Dodgers and Las Vegas Golden Knights.
“Our history in Los Angeles was a very significant and successful one, and we maintain a very strong fanbase in the Southern California area. A significant portion of our (personal seat license) holders are coming from the region,” Badain also commented to the media.
Week 7 Oakland Raiders Betting Odds
We’re now entering the 7th week of the 2019/2020 NFL season, and it’s been a competitive one thus far. The Raiders didn’t enter this season with the highest expectations, yet they’ve already recorded a few wins against solid teams. One of the best US online sports betting sites, Bovada, is now offering week 7 Oakland Raiders odds right now.
On Sunday, October 20th, the Raiders will take on the Green Bay Packers on enemy territory. The odds are set and Oakland is entering this game as the considerable betting underdogs.
Despite entering Sunday’s match on a two-game win streak, Oakland is being given odds of just +210 to beat the Packers. They’ve looked solid in recent games against Indianapolis and Chicago but have shown weakness in their defense.
Green Bay is looking great this season with a current 5-1 record. Their only loss came against the Eagles in a close game. Most NFL betting experts believe they’ll get the job done this Sunday, and Bovada seems to agree, giving the Packers odds of -250 to beat Oakland.
The Raiders’ new partner has been revealed. We’re getting closer and closer to seeing this team in Las Vegas. Stay tuned for more sports gambling news over the next few months!