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Nashville Slips on Amazon Next Headquarters Odds

Nashville Slips on Amazon Next Headquarters Odds - Bovada Sportsbook

The competition to land Amazon’s second headquarters entered the final stage last week as the e-commerce and cloud computing giant pared the list of candidate cities to 20. Nashville quickly rose to the top of the odds on who will get Amazon’s HQ2 headquarters, leading the way as a +500 favorite before slipping to its current position at +1000.

Consistently ranked among the fastest growing cities in North America, Music City also meets many of the criteria laid out by Amazon when it launched its HQ2 search in September 2017.

The Nashville area is home to over two dozen colleges and universities, while the city’s airport, a former American Airlines hub, has undergone a major expansion. But perhaps the biggest factor boosting Nashville’s chances is the heavy concentration of Amazon warehousing and fulfillment facilities located across Tennessee and neighboring Kentucky.

While Nashville has tumbled, two other finalists have rocketed up the Amazon next headquarters odds. Atlanta now leads the way as a strong +500 bet while Washington D.C. closely follows at +800.

Home to Hartsfield-Jackson International Airport, the busiest airport in North America, Atlanta is also home to one of the most diverse and vibrant economies in the United States. Area politicians have reportedly been generous in their offers to Amazon of incentives, including free land and expanded infrastructure. However, Atlanta’s recent emergence as one of the South’s dominant economic and political centers has also raised concerns about cost of living and availability of affordable housing.

 

Competition on Amazon New Headquarters Odds

Washington faces some stiff competition from nearby Montgomery County, Maryland and Northern Virginia, which join Chicago, Los Angeles, Philadelphia, and Pittsburgh at +1600 on the Amazon new headquarters odds.

The American capital may have a particular allure for Amazon founder and CEO Jeff Bezos, who owns a 27,000 square-foot home in Washington and has former US President Barack Obama and First Daughter Ivanka Trump as neighbors. Bezos also paid $250 million to purchase the Washington Post in 2013, while close proximity to Capitol Hill sets Washington  apart from other cities on the list of the finalists for second headquarters.

Austin, Texas sits next at +1300, while Dallas joins Boston at +1500. Further down the odds, Denver joins Indianapolis, New York City, and Raleigh, North Carolina at +1800, while Columbus, Miami, and Newark, New Jersey each sport +2000 odds.

Toronto is the lone Canadian city to make the final 20 on the Amazon second headquarters prop bet, but trails the pack as a +2500 longshot. The Ontario provincial capital brings strong credentials to the table. Toronto has enjoyed massive growth over the past two decades, and recently passed Chicago to become the fourth-largest city in North America.

The city is currently undergoing a massive expansion of its mass transit system, which was selected as the best in North America in 2017 by the American Public Transit Association. Toronto’s bid has also been backed by Canadian Prime Minister Justin Trudeau, who personally reached out to Bezos early in the competition in support of Canadian bids.

However, the current chill in relations between Canada and the United States, stemming from stalled trade talks and the uncertain future of the North American Free Trade Agreement (NAFTA) could ultimately eliminate Toronto from the competition.

 

*Odds as of January 22, 2018

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