DraftKings Inc. (Nasdaq: DKNG) announced today that, following a
mandatory early access test period from November 21-22, 2022, it
expects to launch its online sportsbook in Maryland, pending
receipt of regulatory approvals, on November 23, 2022. The
top-rated DraftKings Sportsbook app is expected to be fully live
for eligible customers ahead of the NFL action on Thanksgiving Day.
DraftKings will offer customers in Maryland a best-in-class sports
betting experience, including the opportunity to place a variety of
bets, such as same-game parlays, player props, special odds boost
selections, and more.
“With an active sports season currently underway, we are
thrilled to have the opportunity to launch our top-rated sportsbook
app in Maryland,” said Matt Kalish, DraftKings Co-Founder and
President, DraftKings North America. “Our product delivers fans an
exciting sports betting experience, and we would like to thank the
Maryland Lottery and Gaming Control Agency, the Sports Wagering
Application Review Commission, Governor Hogan and the General
Assembly for bringing online sports wagering to Maryland.”
DraftKings will, subject to receipt of
regulatory approvals, offer eligible customers in Maryland the
opportunity to place legal and regulated bets across collegiate
sporting events and professional sports leagues, including the NFL,
NHL, NBA, and more. Further establishing a presence in the state,
last year, the Baltimore Ravens named DraftKings an Official Sports
Betting Sponsor of the team, which allows DraftKings to reach
Ravens fans in new ways by offering exciting exclusive game day
experiences, autographed merchandise, and opportunities to
participate in VIP-focused events during the NFL season.
“As sports gaming continues to grow across the nation, it
was important to me that if I entered this space I would partner
with a company that placed an emphasis on responsible gaming. With
that top of mind, I joined the team at DraftKings and I am thrilled
that it will be leading the way here in Maryland,” said Cal Ripken,
Jr., Special Advisor to the Board of Directors for DraftKings.
“Now, sports fans in our state will have access to the DraftKings
Sportsbook, a safe and regulated betting option and a respected
corporate leader.”
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.
Eligible fans can access the latest betting
markets and more by downloading the DraftKings Sportsbook app
available via iOS and Android here. To become a DraftKings
Dynasty Rewards member, visit
sportsbook.draftkings.com/dynasty.
About 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 20 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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