WatchandWager has agreed an extension of its agreement with the board of directors of the California Exposition & State Fair in Sacramento, allowing it to continue its Cal Expo harness racing operations through to May 1, 2025.
The extension also includes a clause that would allow the lease to be extended until 2030 should both parties agree to it.
WatchandWager president, and chief executive of WatchandWager’s parent company Webis Holdings, Ed Comins said that the agreement was a major landmark for both WatchandWager and Cal Expo.
“This approval is a significant milestone in WatchandWager’s license presence in the US and the state of California,” Comins said. “We believe that WatchandWager will continue to run safe and successful race meetings at Cal Expo, which is good for both harness racing fans and the horsemen of the state.
WatchandWager said in a press release that the renewal was “especially significant” due to the possibility of legal sports betting being introduced in California.