DraftKings launches first US online sportsbook

After a successful five-day soft launch, DraftKings, the Massachusetts based fantasy sports betting provider, has fully launched its online sports betting service to New Jersey.

An NFL stadium

The sportsbook has been fully launched online after a successful soft launch. © Pexels.

New Jersey had officially legalised sports betting on 11 June, after the Professional and Amateur Sports Protection Act (PASPA) was repealed nationally and the state created its own legislative framework.

Online sports betting was fully legal just over a month later, but DraftKings has become the first provider to offer an online sportsbook with this week’s release.

New Jersey law currently permits DraftKings to operate in partnership with casinos in the state and the operator is working with Resorts Hotel and Casino.

While some states have legalised sports betting and implemented their own legislation, online and mobile sports betting require in many instances further separate authorisation.

The launch of the online sportsbook in New Jersey means DraftKings are up and running before the start of the lucrative NFL season in September. The operator also signed a deal with the New York based del Lago Resort and Casino that will see the two partner to create a DraftKings sportsbook at the resort. An online sportsbook is expected to follow.

Speaking about the online sportsbook, Jason Robins, DraftKings CEO and founder, said:

I am excited to begin this new chapter in our story by officially launching what I believe to be the most innovative, mobile sports betting product in the US. We have put immense thought and significant resources behind the development of DraftKings Sportsbook and I’m confident that sports fans in New Jersey will enjoy using it to make the experience of watching the games even more interesting and thrilling. Jason Robins, DraftKings CEO & founder

Delaware profits from sports betting

Elsewhere in the US, Delaware is reaping the rewards from its own sports betting legislation.

In the month between 25 June and 29 July, $8.2m was bet on sports in the state of Delaware. This figure was staked in the state’s three casinos, with revenues of $527,000.

Delaware accepted sports bets on 5 June after legalising sports betting in late May and was the first US state except for Nevada to do so. Since then, over $15m has been wagered on sports.

Have you enjoyed this article? Then share it with your friends.
Share on Pinterest

Similar Posts