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4 card poker online casinoFormula One team Racing Point is shortly expected to announce the first-ever sponsorship deal between a stakeholder in the global motorsport series and a gambling company. (Image: Racing Point)According to sources who spoke to RaceFans.net, the team — previously known as Force India — has signed a branding agreement with Africa’s biggest sports betting company, Kenya-based Sportpesa.Racing Point was formed in 2018 when a consortium of investors led by Canadian billionaire Lawrence Stroll rescued Force India from administration.The deal is said to be worth million in its first year and million in 2020, with the possibility of a one-year extension after that, worth million. With the US Supreme Court’s rejection of the federal ban last May, all the state needed was a framework of regulation to be drawn up by the New York State Gaming Commission.Room for Maneuver? It’s likely Governor Andrew Cuomo put the new rules on hold to avoid any kind of controversy before his bid for reelection in November. (Image: Racing Point)According to sources who spoke to RaceFans.net, the team — previously known as Force India — has signed a branding agreement with Africa’s biggest sports betting company, Kenya-based Sportpesa.Racing Point was formed in 2018 when a consortium of investors led by Canadian billionaire Lawrence Stroll rescued Force India from administration.The deal is said to be worth million in its first year and million in 2020, with the possibility of a one-year extension after that, worth million. But since this would require another constitutional amendment via public referendum, it will take a long time to implement, even if the legislation is successful — still a big “if.”The New York sports betting market has the potential to be twice as big that of Las Vegas, but that’s provided all potential stakeholders participate — and that seems to be a long way off.Formula One team Racing Point is shortly expected to announce the first-ever sponsorship deal between a stakeholder in the global motorsport series and a gambling company. mgm grand casino review

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