DraftKings sets sight on Connecticut expansion through Fooxwood partnership

DraftKings sets sight on Connecticut expansion through Fooxwood partnership

DraftKings has just partnered with the Mashantucket Pequot Tribal Nation to establish online and retail sports betting in Connecticut.

Draftkings, the leading daily fantasy and sports betting outfit in the United States, continues its expansion with Connecticut next on its list.

DraftKings Makes Leeway into The New Jersey Sports Betting Market

New Real Money app entering Connecticut

The operator has already launched in major territories like New Jersey and the New York tri-state area. Connecticut is just waiting for legislation to pass the law legalizing sports betting in the state. Once it happens, Draftkings is in a position to roll out its online and retail sports betting business through its partnership with Foxwood Resort Casino operator.

Matt Kalish, DraftKings co-founder and president, lauded their new partner, Mashantucket Pequot Tribal Nation, for doing their part in finalizing a landmark deal. He believes their collaboration with the operator opens the door to making the highly-rated sports app available in Connecticut.

“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,” Kalish said in the press release.

Rodney Butler, the chairman of The Mashantucket Pequot Tribe, also expressed optimism in the new deal with DraftKings. He claimed the company’s status as a leader in the gaming and entertainment industry only proved its capability to take the lead in driving sports betting and online gaming for Connecticut.

“Working through the tribal gaming compacts, we will help bolster our economy with much-needed revenue and virtual entertainment,” Butler added.

More on legalizing sports betting in Connecticut

Connecticut legislation is in the final phase of legalizing sports betting activities in the state. According to reports, the sports betting industry would generate revenue of $175 million for the state in the first five years after launching.

Foxwoods is expected to play a vital role in any future market as it is one of only two operators that hold exclusive rights to operate gaming in the state.

DraftKings becomes the first daily fantasy sports partner of Foxwood. The scheduled launch of DFS in Connecticut is set for December 13. It plans to rile up players’ engagement with a series of online promotions and contests.

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About Lou De Aguila

Lou Ramon Aguila is a contributor for Golden Casino News. He has a degree in BSBA Legal Management with great interest in high-profile legal cases involving sports personalities. An ultimate sports junkie, he covers just about everything in the sporting world with an emphasis on the NBA, NFL, and MLB. In his past time, Lou loves to read manga, watch anime and critique pro-wrestling matches.