BOSTON, Jan. 29, 2021 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ:DKNG) today announced that Matt Kalish, co-founder and President, North America, will participate in the following event:
College Basketball. Mississippi State Bulldogs @ Arkansas Razorbacks. Mississippi launched legal and regulated sports betting in August 2018. The law makes it legal to bet on sports in-person at licensed casinos that accept wagers in the state. In Mississippi, sports betting is only available to those 21 years of age or older. The sports wagering law that changed the nature of gaming in the state put the regulatory responsibility on the Mississippi Gaming Commission. 'Our collaboration with DraftKings is an opportunity for us to continue to set high standards on the Mississippi Gulf Coast and give our players a new home for sports betting.' DraftKings at Scarlet Pearl Sportsbook will offer a superior customer experience that includes the opportunity to wager on dozens of sports.
Scarlet Pearl Casino Resort is the first casino to team up with DraftKings for their on-property Sportsbook! DraftKings has been recognized as one of the leaders in fantasy sports for years, and is.
- EGR Global and Continent8 host 'Leaders and Legends' on Tuesday, February 2, 2021. The panel discussion is scheduled for 9:00AM ET.
The panel discussion will be available to those who register on the Continent8 website and can also be accessed via the DraftKings investor relations website at investors.draftkings.com. Slotsky sandwiches prices.
DraftKings Inc. is a digital sports entertainment and gaming company created to fuel the competitive spirit of sports fans with products that range across daily fantasy, regulated gaming and digital media. Headquartered in Boston, and launched in 2012 by Jason Robins, Matt Kalish and Paul Liberman, DraftKings is the only U.S.-based vertically integrated sports betting operator. DraftKings is a multi-channel provider of sports betting and gaming technologies, powering sports and gaming entertainment for 50+ operators in 17 countries. DraftKings' Sportsbook is live with mobile and/or retail betting operations in the United States pursuant to regulations in Colorado, Illinois, Indiana, Iowa, Michigan, Mississippi, New Hampshire, New Jersey, New York, Oregon, Pennsylvania, Tennessee, Virginia and West Virginia. DraftKings' daily fantasy sports product is available in 8 countries internationally with 15 distinct sports categories. DraftKings is the official daily fantasy partner of the NFL, MLB, NASCAR and the PGA TOUR as well as an authorized gaming operator of the NBA and MLB and an official betting operator of the PGA TOUR.
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If you’re in New Jersey, you have access to DraftKings Sportsbook. Here’s a rundown of where you can find DraftKings for sports betting now and in the future.
DraftKings Sportsbook online
Here are the states where you can find DraftKings:
DraftKings in NJ
The well-dressed DraftKings NJ sports betting platform operates under the license of Resorts Atlantic City, but it’s available across web and mobile channels statewide. As long as you’re in the state, you can wager.
The product is perhaps more polished and market-ready than we expected from DraftKings. The company was, after all, solely a daily fantasy sports outfit until May 2018.
It was the first online sportsbook in the state and currently is the biggest in terms of revenue.
DraftKings in West Virginia
DraftKings Sportsbook announced a deal in December 2018 to operate WV sports betting via mobile. DraftKings partnered with Penn National Gaming, which runs Hollywood Casino at Charles Town Races.
DraftKings Sportsbook went live in WV in August, around the same time as rival FanDuel launched. While West Virginia is a relatively small state, it’s still important for DraftKings to expand everywhere it can.
DraftKings in Indiana
The third state for the DraftKings Sportsbook app was Indiana. It was one of the first two sportsbook apps to go live in the state on Oct. 3.
Indiana is not a huge state, but it’s notable for its proximity to several large cities where sports betting is not yet legal, including Chicago, Cincinnati and Louisville.
Land-based DraftKings Sportsbooks
There are currently two land-based DraftKings Sportsbooks in the US:
- DraftKings Sportsbook at Resorts, in New Jersey
- DraftKings Sportsbook at Scarlet Pearl Resort in Mississippi.
States that may have DraftKings Sportsbooks in the future
Potential for growth is capped in the short term, however. While FanDuel has racked up market-access partnerships throughout the country, DraftKings is still pretty lean on that front.
Here’s the list of states in which you might see the next DraftKings Sportsbook pop up, and it’s not a very long one:
Apart from NJ, New York is the only other state in which DraftKings has a confirmed point of entry. It announced a partnership with Del Lago in July 2018 that covers both retail and online/mobile operations. If that materializes, Del Lago could end up christening the first on-property, DraftKings-branded sportsbook in the country.
Draftkings Sportsbook Sign Up
That’s all well and good, except NY sports betting is not yet in place. Voters approved the activity for four commercial casinos in 2013, but regulators have lagged on implementation. What’s more: that existing law excludes online/mobile wagering, so a new one likely will be required before the DraftKings Sportsbook app launches in NY.
Recent rumblings create some cause for optimism on the retail side, but the timeline for NY sports betting is still very much up in the air.
Pennsylvania is a little closer to becoming an online sports betting state than its neighbor. Full legalization came late in 2017, and launch arrived in November 2018.
DraftKings figures to be a candidate to partner with one of the PA casinos, but it would have limited ability to fully leverage its brand. State regulations permit each casino to deploy just a single online/mobile platform displaying its own logo. Each may only use one sports betting partner.
About half of the 13 prospective licensees are off the board, it appears:
- SugarHouse/Rivers: Owned by Rush Street, which has a partnership with Kambi. That’s DraftKings’ supplier, too, but there’s no indication it is part of the deal.
- Parx: Recently announced that it will use GAN to power its operations. It works with Kambi as well.
- Presque Isle/Lady Luck: Both will soon be operated by Churchill Downs, which has established a partnership with SBTech.
- Harrah’s: Parent company Caesars has an NJ partnership with Scientific Games that figures to carry across the border.
It’s also impossible to pin down a timeline for the launch of online PA sports betting, but it’s coming sometime in 2019.
This one could be interesting, since Nevada is one of the few states in which daily fantasy sports is explicitly prohibited as a skill game. DraftKings is a sports betting company now, though, an activity that is very much legal and thriving in the Silver State.
It has generally seemed unlikely that DraftKings would pursue Nevada sports betting, but nothing is a given anymore. The company recently announced plans to open an office in Las Vegas, which at least draws a raise of the eyebrow. DraftKings wouldn’t pay for a license to offer DFS as a “gambling” game, but might it do so in the world of widespread sports betting?
Draftkings Sportsbook Mississippi Lottery
It’s also worth noting that CG Technologies is being pushed out of the Nevada market amid a string of gaming violations. Either it or the many sportsbooks it serves will need to find a replacement supplier, and a shiny new option has just become available courtesy of DraftKings.
File that last bit of evidence in the circumstantial folder.
Any state with legal sports betting should be considered a candidate for a DraftKings Sportsbook, really. In this post-PASPA world, company executives have made no secrets about their ambitions.
Draftkings Sportsbook Nj
Rhode Island and Delaware have both legalized sports betting, too. Neither operates mobile betting, however, although it is legal in Delaware. The industries in both states are administered by state-chosen suppliers under the lottery’s direction.
It looks like the states broken down above represent the complete list of candidates for DraftKings Sportsbook in the short term. Despite its early lead, it’s even possible that it could still be stuck in only NJ and Mississippi when the calendar ticks over.
At least they have Barkley.