DraftKings Sportsbook Is Almost Here? Founders Tease Product On Twitter

Dustin Gouker July 13, 2018 1765 Reads
draftkings sportsbook

We are apparently close to having a DraftKings Sportsbook app.

Two of the daily fantasy sports company’s founders — Jason Robins and Matt Kalish — tweeted about the planned launch of a sports betting app on Friday evening:

DraftKings is close on sports betting

The teases confirm what many believed — that DraftKings would have separate platforms for its DFS and sports betting offerings. It has been working with Kambi Group on developing its sports betting product.

DraftKings will, in theory, first launch its app in the NJ sports betting market. It has a relationship with Resorts Atlantic City that allows it to offer sports betting via the land-based casino’s license.

We still don’t know anything about the timeline for launch, although no one is offering online wagering yet in New Jersey. Industry chatter says some online and mobile offerings could be live as soon as later this month.

DraftKings is apparently confident about its ability to deliver a product. The news also comes as the company is seeking to raise $200 million.

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More sports betting is coming to NJ

The news about DraftKings comes just a day before the first-ever physical FanDuel Sportsbook is set to launch in New Jersey, at the Meadowlands Racetrack.

There are currently three physical sportsbooks that are already open — Monmouth Park, Borgata and Ocean Resort Casino.