DraftKings signs agreement with owners of Foxwoods Resort Casino
DraftKings, the popular sports betting operator, has signed a deal with the owners of the Foxwoods Resort Casino, the Mashantucket Pequot Tribal Nation. The deal will allow the operator to launch new operations in Connecticut. This latest agreement will allow them to introduce both online and retail sports betting in the state of Connecticut once the local state legislation has been fully finalized.
The Foxwoods Resort Casino has exclusive rights to gaming in the Constitution State. They attempted to introduce online gaming while their properties were closed due to the COVID-19 pandemic, but the attempt was rejected.
“This is a landmark deal in collaboration with the Mashantucket Pequot Tribal Nation as well as a critical next step to bringing America’s top-rated sportsbook app to sports fans in Connecticut. The national expansion of regulated sports betting is among our top strategic priorities. DraftKings today is live with mobile sports betting in 10 states, more than any other operator in the US, and teaming up with the tribe will allow us to extend our reach even further.” Said Matt Kalish, co-founder and president of DraftKings.
Aside from the introduction of sports betting, the partnership with DraftKings will also allow them to roll out daily fantasy sports all over Connecticut. This part of the agreement is set to launch on December 13.