DraftKings Inc. (Nasdaq: DKNG) today announced a financial
commitment to the International Center for Responsible Gaming’s
(ICRG) Fund to Support Research on Sports Wagering (the Fund). As a
result of DraftKings’ contribution, the ICRG is able to proceed
with a competitive request for applications from researchers around
the world who are interested in pursuing groundbreaking research on
problem gambling. The Fund specifically focuses on responsible
gaming in sports betting, with the goal of developing
peer-reviewed, scientifically based research that contributes
meaningfully to the understanding and application of responsible
gaming in the industry.
“The cornerstone of our commitment to customers is providing an
enjoyable sports betting and gaming experience, and we recognize
that we have a responsibility to ensure that customers are playing
safely,” said Jason Robins, DraftKings’ co-founder, CEO and
Chairman of the Board of Directors. “We are pleased to support the
critical mission of the International Center for Responsible Gaming
and fund important research that will drive responsible gaming
innovation and customer safety forward for the entire
industry.”
A first-of-its-kind fund in the United States, the ICRG created
the Fund to advance innovation and best practices for responsible
sports betting. The Fund is accepting applications by researchers
interested in exploring the below topics and others related to
responsible sports betting:
- Differences in sports wagering compared to other forms of
gaming
- Evaluation of efficacy of existing responsible gaming
interventions and programs
- Differences in prevalence and experience of problem gambling
across demographics
“We are incredibly honored to have DraftKings’ financial
support, which was instrumental in satisfying our funding needs for
the Fund to Support Research on Sports Wagering,” said Dr. Russell
Sanna, ICRG Executive Director. “With the expansion of sports
betting across the United States, public health research will be
critical in better understanding problem gaming, and we are deeply
appreciative of the support from DraftKings to fund research that
is cutting-edge and can be utilized across the industry and by
consumers.”
DraftKings’ responsible gaming mission is to mitigate harm and
protect vulnerable populations by providing game-changing
technology, training, and resources for employees and consumers,
and by supporting evidence-based research.
In addition to working collaboratively with leaders in
responsible gaming like the ICRG, DraftKings tailors its products
across fantasy sports, sports wagering, and iGaming to provide
customers with industry-leading responsible gaming tools,
resources, and services they need to play responsibly. These
practices include limit setting, cooling-off periods, and
self-exclusion from offerings. The company also uses its own
channels, including email and social media, to regularly remind
customers of responsible gaming behaviors. DraftKings is proud to
be a Platinum Member of the National Council on Problem Gambling
and a member of the American Gaming Association.
Researchers from top-tier academic institutions may compete for
funding to discover new insights concerning public health and
sports betting, with applications opening this summer and
concluding September 2021. Grant applications will be peer-reviewed
prior to the ICRG independent Scientific Advisory Board selecting
the final recipient. The selected recipient will be announced in
September 2021 and receive funds for a three-year project ending in
2024, with the potential for their research to be published earlier
in the three-year period. The research fund is open to U.S.-based
or international public, private, or non-profit organizations. To
learn more about the Fund, please visit
icrg.org/research-center/apply-icrg-funding.
To learn more about DraftKings’ commitment to responsible gaming
and to advancing social innovation around the world, please visit
DraftKings SERVES.
About DraftKings
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 7 countries
internationally with 15 distinct sports categories. DraftKings is
the official daily fantasy partner of the NFL, MLB, NASCAR, PGA
TOUR and UFC as well as an authorized gaming operator of the NBA
and MLB, an official betting operator of the PGA TOUR and the
official betting operator of UFC. DraftKings also owns Vegas Sports
Information Network, Inc. (VSiN), a multi-platform broadcast and
content company.
About ICRG
Since 1996, the International Center for Responsible Gaming,
formerly the National Center for Responsible Gaming, a nonprofit
agency, has successfully established a rigorous and thriving field
of study designed to further our mission of helping individuals and
families affected by gambling disorder through first-class research
and evidence-based education programs.
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
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