But Pullen expects the Las Vegas Grand Prix to set a record handle for any auto race. The annual NASCAR races at Las Vegas Motor Speedway generate more betting action locally than the Daytona 500, aka the Super Bowl of NASCAR. It will be interesting to see how much money they’re putting down on a lot of the markets we’re offering.” “The clientele that loves Formula One, they have a lot of money. “Although we’ve already eclipsed the record handle, auto racing is a niche sport. “We knew going into it, just because of where the race is located and its proximity to betting windows, that is was going to be a record handle for Caesars for a Formula One race,” Caesars assistant director of trading Adam Pullen said. on the Strip.īut Caesars Sportsbook already has reported a record betting handle, or amount of money wagered, for a Formula One race. The vast majority of money wagered on the Las Vegas Grand Prix is expected to pour into sportsbooks Friday and Saturday, when the Formula One race is scheduled for 10 p.m. McLaren driver Lando Norris, of Britain, spins a roulette wheel before an opening ceremony for the Formula One Las Vegas Grand Prix auto race, Wednesday, Nov.
