DraftKings Inc. (Nasdaq: DKNG) today announced plans to launch its
online sportsbook in Kansas tomorrow on September 1, 2022, subject
to receipt of regulatory approvals. Ahead of one of the busiest
times of the year for sport betting activity with the start of the
2022 NFL and college football seasons, eligible sports fans in
Kansas will have the opportunity to place a variety of bets through
DraftKings’ online sportsbook, including its signature same-game
parlay offers, player props, special odds boost selections and
more.
Upon launch, Kansas would become the 18th U.S.
state in which DraftKings offers its online sportsbook and adds to
DraftKings’ total sports betting footprint that spans 19 U.S.
states and Ontario, Canada, inclusive of retail-only
jurisdictions.
DraftKings, as the contracting counterparty of
BHCMC, LLC, manager of Boot Hill Casino & Resort, will, subject
to receipt of regulatory approvals, offer eligible customers in
Kansas the opportunity to place legal and regulated bets across
professional and collegiate sporting events and have more “skin in
the game” with access to various DraftKings offerings.
“We’re thrilled to have the opportunity to
deliver our award-wining products to Kansas sports fans for the
2022 NFL and college football seasons," said Matt Kalish,
DraftKings Co-Founder and President, DraftKings North America.
“It’s an especially exhilarating time of year, and we are excited
for eligible Kansans to be able to get in on all the action through
DraftKings’ seamless and responsible sports betting
experience.”
DraftKings is committed to creating inclusive
and responsible pathways for people to build, create, imagine, and
innovate through the DraftKings S.E.R.V.E.S. program, with a focus
on Service, Equity, Responsible Gaming, Vitality, Entrepreneurship,
and Sports. Responsible gaming is a key pillar of the DraftKings
S.E.R.V.E.S. program and DraftKings’ collective mission is to
protect consumers with groundbreaking technology, employee
training, resources for customers, and the support of
evidence-based research.
Following the launch in Kansas, eligible fans
will be able to access the latest betting markets and more by
downloading the DraftKings Sportsbook app available via iOS and
Android here. In addition, customers will be able to enjoy
DraftKings’ first-ever blockchain-based gaming franchise,
Reignmakers Football, which recently revealed Player Card NFTs for
fans to collect and play within new fantasy contests all NFL season
long. Visit here for more information about Reignmakers Football.
To become a DraftKings Dynasty Rewards member, visit
sportsbook.draftkings.com/dynasty.
In November 2021, DraftKings announced a market
access deal with BHCMC, LLC, a subsidiary of Butler National
Corporation (OTCQB: BUKS), manager of Boot Hill Casino & Resort
to bring the DraftKings Sportsbook to sports fans in the state of
Kansas.
Please note that the revenue and Adjusted EBITDA
guidance that DraftKings provided on its second quarter earnings
call held August 5, 2022, included all states and jurisdictions in
which it was live as of August 5, 2022, which does not include
contributions from the launch of DraftKings’ online sportsbook in
Kansas.
DraftKingsDraftKings 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 operators in 17 countries. The company operates
iGaming in 5 states through its DraftKings brand, as well as
operating Golden Nugget Online Gaming, an award-winning iGaming
product and iconic gaming brand, in 3 states. DraftKings’
Sportsbook is live with mobile and/or retail betting operations in
the United States pursuant to regulations in 18 states and in
Ontario, Canada. DraftKings’ daily fantasy sports product is
available in 6 countries internationally with 15 distinct sports
categories. DraftKings is both an official daily fantasy and sports
betting partner of the NFL, NBA, MLB, NHL, PGA TOUR and UFC as well
as an official daily fantasy partner of NASCAR. Launched in August
2021, DraftKings Marketplace is a digital collectibles ecosystem
designed for mainstream accessibility that offers curated NFT drops
and supports secondary-market transactions. DraftKings also owns
Vegas Sports Information Network (VSiN), a multi-platform broadcast
and content company.
Forward-Looking
StatementsCertain statements made in this press release
are “forward looking statements” within the meaning of Section 21E
of the Securities Exchange Act of 1934, as amended, and the 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,” ”would,” “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’ filings with the
Securities and Exchange Commission. 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
Contactsmedia@draftkings.com@DraftKingsNews
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