BOSTON and SAN JUAN, Puerto Rico and MASHANTUCKET, Conn., April 04, 2022 (GLOBE NEWSWIRE) — DraftKings (NASDAQ: DKNG) and the Mashantucket Pequot Tribal Nation in the present day introduced they’ve agreed to a deal to increase their relationship and pave the best way to providing the DraftKings on-line and retail sports activities betting expertise in Puerto Rico, topic to relevant licenses and regulatory approvals being obtained. The announcement comes following Foxwoods and DraftKings having efficiently launched sports activities betting and iGaming in Connecticut on October 19, 2021.
The DraftKings retail sportsbook can be positioned contained in the Foxwoods El San Juan On line casino and is predicted to open within the coming weeks, pending receipt of relevant licenses and regulatory approvals. As soon as full, the house will characteristic an enormous video wall, bar and eating companies, two over-the-counter ticket home windows and 6 betting kiosks.
“Since establishing our relationship with the Mashantucket Pequot Tribal Nation and Foxwoods greater than a yr in the past, we’ve seen immense success, which could be attributed to the collaborative efforts between the organizations and shared imaginative and prescient for offering clients with the easiest,” mentioned Matt Kalish, President of DraftKings North America and co-founder. “Puerto Rico is understood for its wealthy and vibrant sports activities tradition, and we look ahead to with the ability to present followers with a secure and authorized type of sports activities betting by means of our retail and on-line sportsbooks.”
In January 2021, the Mashantucket Pequot Tribal Nation and Foxwoods introduced plans to reopen the enduring El San Juan On line casino because the “Foxwoods El San Juan On line casino”. The redevelopment of the luxurious on line casino vacation spot included $137.5 million in resort enhancements, together with the reopening of the famend Tropicoro leisure venue.
“We’ve made super strides within the sports activities betting house in our relationship with DraftKings, who has continued to be a priceless associate, by means of our on-line and retail experiences within the state of Connecticut,” mentioned Mashantucket Pequot Tribal Nation Chairman Rodney Butler. “As we increase our partnership with DraftKings to the attractive island of Puerto Rico on the Foxwoods El San Juan On line casino, we’re assured that we are going to proceed to create unforgettable recollections for purchasers and sports activities followers alike.”
Along with on-line and retail sports activities betting, DraftKings could have the chance, pending receipt of relevant licenses and regulatory approvals, to offer clients in Puerto Rico with its legacy day by day fantasy sports activities product, which is at the moment obtainable in 44 states in the US and operational in six nations internationally.
Extra details about methods to play with Foxwoods and DraftKings is offered at www.foxwoods.com or followers can obtain the Foxwoods and DraftKings cell app by way of iOS and Android.
DraftKings, the Mashantucket Pequot Tribal Nation and Foxwoods take accountable gaming severely. An lively member of the American Gaming Affiliation, DraftKings has dedicated to selling the affiliation’s Have A Recreation Plan.® Wager Responsibly™ public service marketing campaign, which teaches clients accountable gaming finest practices equivalent to setting a price range and sticking to it and solely taking part in with authorized, regulated operators. Equally, the Mashantucket Pequot Tribal Nation and Foxwoods are dedicated to supporting the event of consciousness and prevention applications for downside gaming – together with working the primary self-exclusion program in the US. Moreover, DraftKings is dedicated to creating inclusive and accountable pathways for individuals to construct, create, think about, and innovate by means of the DraftKings S.E.R.V.E.S. program.
DraftKings Inc. is a digital sports activities leisure and gaming firm created to gas the aggressive spirit of sports activities followers with merchandise that vary throughout day by day fantasy, regulated gaming and digital media. Headquartered in Boston, and launched in 2012 by Jason Robins, Matt Kalish and Paul Liberman, DraftKings is the one U.S.-based vertically built-in sports activities betting operator. DraftKings is a multi-channel supplier of sports activities betting and gaming applied sciences, powering sports activities and gaming leisure for operators in 17 nations. DraftKings’ Sportsbook is stay with cell and/or retail betting operations in the US pursuant to laws in Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Louisiana, Michigan, Mississippi, New Hampshire, New Jersey, New York, Oregon, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming. DraftKings’ day by day fantasy sports activities product is offered in 6 nations internationally with 15 distinct sports activities classes. DraftKings is each an official day by day fantasy and sports activities betting associate of the NFL, NBA, MLB, NHL, PGA TOUR and UFC in addition to an official day by day fantasy associate of NASCAR. Launched in August 2021, DraftKings Market is a digital collectibles ecosystem designed for mainstream accessibility that provides curated NFT drops and helps secondary-market transactions. DraftKings additionally owns Vegas Sports activities Data Community, Inc. (VSiN), a multi-platform broadcast and content material firm.
About Foxwoods Resort On line casino
As the most important resort on line casino in North America, Foxwoods Resort On line casino affords friends a premier vacation spot resort expertise all through its six world-class casinos; AAA 4-Diamond motels that includes over 2,200 rooms; eating choices for all tastes; luxurious spas; award-winning golf; state-of-the-art theaters; Tanger Outlet Mall; convention house for teams of all sizes; and free on-line on line casino video games at FoxwoodsONLINE.com. There may be all the time one thing new at Foxwoods, most lately the arrival of Foxwoods Excessive Adventures. Journey is aware of no restrict as friends can zipline or race round on a European-style indoor karting observe. Foxwoods Resort On line casino really is The Surprise Of It All, offering a personalised and thrilling escape for everybody. Foxwoods, opened in 1992, is owned and operated by the Mashantucket Pequot Tribal Nation. For an in depth have a look at Foxwoods Resort On line casino and Mashantucket Pequot Tribal Nation go to Foxwoods.com.
In regards to the Mashantucket Pequot Tribal Nation
The Mashantucket (Western) Pequot Tribal Nation is a federally acknowledged Indian tribe positioned at one in every of America’s oldest Indian reservations, Mashantucket, in Southeastern Connecticut. As pioneers of the Indian Gaming on line casino business, the historical past of the Mashantucket Pequots reveals one in every of America’s biggest come-back tales, featured on the Tribe’s world famend Mashantucket Pequot Museum. Immediately, the Tribe owns and operates one of many largest Built-in Resort On line casino locations in North America, Foxwoods Resort On line casino, together with a wide range of complementary companies together with a world-class golf course, luxurious spa, Pequot Pharmaceutical Community, and Pequot Plus Well being Profit Providers. As one in every of Connecticut’s highest income contributors and largest employers, the Mashantucket Pequots have offered the state greater than $4 billion in slot income by means of a first-of-its-kind settlement, established in 1993. Likewise, the Tribe has contributed lots of of thousands and thousands in donations and sponsorships for the good thing about communities and tribes in want, regionally and all through the U.S.
Sure statements made on this press launch are “ahead wanting statements” inside the that means of Part 21E of the Securities Change Act of 1934, as amended, and the Non-public Securities Litigation Reform Act of 1995. When used on this press launch, the phrases “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “could,” “will,” “ought to,” “future,” “suggest” and variations of those phrases or comparable expressions (or the damaging variations of such phrases or expressions) are supposed to establish forward-looking statements. These forward-looking statements aren’t ensures of future efficiency, situations or outcomes, and contain plenty of recognized and unknown dangers, uncertainties, assumptions and different vital components, lots of that are outdoors DraftKings’ management, that might trigger precise outcomes or outcomes to vary materially from these mentioned within the forward-looking statements. For a dialogue of extra dangers and uncertainties, which may trigger precise outcomes to vary from these contained within the forward-looking statements, see DraftKings’ filings with the Securities and Change Fee. DraftKings doesn’t undertake any obligation to replace or revise any forward-looking statements, whether or not on account of new info, future occasions or in any other case, besides as required by legislation.