The Chicago Cubs Name DraftKings Their First Official and Exclusive Sports Betting And Daily Fantasy Partner
September 03 2020 - 7:30AM
DraftKings Inc. (Nasdaq: DKNG) and The Chicago Cubs today announced
that they have joined forces to make DraftKings, America’s top
rated mobile sportsbook app, the Official Sports Betting and Daily
Fantasy Partner of the storied MLB franchise. The multi-year
deal includes a plan to pursue a first-of-its-kind sportsbook at
the iconic Wrigley Field, with online access available in the
surrounding Wrigleyville area. The planned DraftKings Sportsbook at
Wrigley Field will include a best in class entertainment experience
for sports fans in Illinois. Although sports betting is now legal
in Illinois, the development of a retail sportsbook would require
approval by the City of Chicago.
“This is truly a historic moment, as we are thrilled to align
with the renowned Chicago Cubs franchise and iconic Wrigley Field
to provide sports bettors in Chicago with a revolutionary sports
betting experience,” said Matt Kalish, Co-founder and President,
DraftKings North America. “As two organizations that share a mutual
passion for innovation and a commitment to excellence, we look
forward to working in collaboration with the Cubs, an organization
steeped in tradition, and making our presence felt in and around
Wrigleyville.”
“DraftKings has been a great partner for a number of years and
we are excited to expand this relationship as sports betting grows
rapidly in Illinois,” said Crane Kenney, President of Business
Operations, Chicago Cubs. “An increasing number of sports
fans want to integrate sports betting into their game experience,
and we’re excited to be one of the first to engage in developing a
retail sportsbook at a professional sports venue.”
DraftKings currently operates retail sportsbooks in eight
states, including a location in Illinois at DraftKings at Casino
Queen in East St. Louis. Per Governor J.B. Pritzker’s Executive
Order 2020-41, online and mobile sportsbook registration is
currently available statewide through September 19, 2020.
Fans can access DraftKings Sportsbook and Daily Fantasy Sports
apps anywhere by visiting www.draftkings.com or by downloading the
DraftKings app via iOS and Android.
About DraftKingsDraftKings 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 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.
About the Chicago CubsThe Chicago Cubs
franchise, a charter member of Major League Baseball’s National
League since 1876, has won the National League pennant 17 times and
was the first team to win back-to-back World Series titles in the
1907 and 1908 seasons. In 2016, the Chicago Cubs made history again
when the team won its first World Series in 108 years, ending the
longest championship drought in North American sports. Known for
its ivy-covered outfield walls, hand-operated scoreboard and famous
Marquee, iconic Wrigley Field has been the home of the Chicago Cubs
since 1916 and is the second oldest ballpark in Major League
Baseball. In 2009, the Ricketts family assumed ownership of the
Chicago Cubs and established three main goals for the organization:
Win the World Series, Preserve and Improve Wrigley Field, and Be a
Good Neighbor. For more information, visit www.cubs.com.
Forward-Looking StatementsCertain 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.
DraftKings Media Contact
media@draftkings.com
@DraftKingsNews
Chicago Cubs Contact
Julian GreenVice President, Communications and Community
Affairsjgreen@cubs.com
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