DraftKings Set to Launch its Mobile Sportsbook in Tennessee
October 30 2020 - 1:00PM
DraftKings, Inc. [Nasdaq: DKNG] announced today it will officially
be launching its top-rated mobile sportsbook app in Tennessee, on
Nov. 1 ahead of Sunday’s full slate of football games. Tennessee
will become the ninth state to offer DraftKings’ mobile and online
sports betting product, more than any other legal sports betting
operator in the United States. The DraftKings Sportsbook offers
customers innovative, state-specific promotions and odds boosts,
free-to-play pools, bet types and more.
“As DraftKings Sportsbook continues to expand across America, we
couldn’t be more excited for the opportunity to launch our No. 1
Rated Sportsbook product in Tennessee,” said Matt Kalish,
co-founder and President, DraftKings North America. “Judging by the
rabid fanbases following the local pro teams and the powerhouse
college sports teams, we’re certain that Tennesseans will be among
of the most engaged skin-in-the-game sports fans we’ve
seen. We can’t wait to serve Tennessee with the unrivaled
DraftKings experience.”
Anticipation and appetite for sports betting are high in the
state, which is home to three major sports leagues and a number of
NCAA Division I teams. Approximately 82 percent of Tennessee
residents are interested in both an online and on-location wagering
option and 91 percent are specifically interested in DraftKings’
secure sportsbook product, as reported by a DraftKings-led consumer
study. In addition, 42 percent of respondents reported that they
were most likely to bet on the NFL, followed by college football
and the NBA.
Sports fans can download DraftKings Sportsbook and daily fantasy
products via iOS and Android here.
About DraftKings
DraftKings Inc. (Nasdaq: DKNG) is a digital sports entertainment
and gaming company created to fuel the competitive spirits 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 across more than 15 regulated U.S.
and global markets, including Arkansas and Oregon in the U.S.
DraftKings’ Sportsbook offers mobile and retail betting for major
U.S. and international sports and operates in the United States
pursuant to regulations in Colorado, Illinois, Indiana, Iowa,
Mississippi, New Hampshire, New Jersey, New York, Pennsylvania,
Tennessee 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 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.
Forward-Looking Statements
Certain statements made in this release are “forward looking
statements” within the meaning of the “safe harbor” provisions of
the United States Private Securities Litigation Reform Act of 1995.
When used in this press release, the words “estimates,”
“projected,” “expects,” “anticipates,” “forecasts,” “plans,”
“intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,”
“propose” and variations of these words or similar expressions (or
the negative versions of such words or expressions) are intended to
identify forward-looking statements. These forward-looking
statements are not guarantees of future performance, conditions or
results, and involve a number of known and unknown risks,
uncertainties, assumptions and other important factors, many of
which are outside DraftKings’ control, that could cause actual
results or outcomes to differ materially from those discussed in
the forward-looking statements. For a discussion of additional
risks and uncertainties, which could cause actual results to differ
from those contained in the forward-looking statements, see
DraftKings’ Securities and Exchange Commission filings. DraftKings
does not undertake any obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise, except as required by law.
Media Contact
media@draftkings.com
@DraftKingsNews
DraftKings (NASDAQ:DKNG)
Historical Stock Chart
From Mar 2024 to Apr 2024
DraftKings (NASDAQ:DKNG)
Historical Stock Chart
From Apr 2023 to Apr 2024