Caesars, DraftKings partner on online sports betting, gaming deal

Caesars Entertainment and DraftKings announced a deal that will give DraftKings market access for its online gaming offerings. DraftKings will offer mobile sports betting and other online gaming, including poker and slots.

Caesars Entertainment and DraftKings announced a multi-state deal, giving DraftKings market access for its online gaming products, according to a press release.

The partnership will give DraftKings broader access to the U.S. sports betting market. DraftKings will promote Caesars as its official casino resort partner in the states where the companies collaborate.

Under the agreement, DraftKings will offer mobile sports betting and other online gambling, including poker, other table games and slots, in the markets Caesars serves, if the states enact laws to permit the activity, according to CDC Gaming Reports.

DraftKings launched online sports betting in New Jersey last summer, through a partnership with Resorts Atlantic City. DraftKings has led in mobile sports revenue every month since, and mobile sports betting made up 80 percent of all sports wagers in the state in January 2019, according to New Jersey gaming regulators.

Caesars has been seeking out betting and partnership deals over the past few months since the U.S. Supreme Court struck down the federal ban on sports betting. Some Caesars-owned properties have marketing deals with NFL teams, and the company has a corporate deal with NBA and NHL teams.

Recent Articles

History Playbook

On This Day In Sports History

On July 29, 1996, legendary manager Tommy Lasorda announced his retirement from the Los Angeles Dodgers following a heart attack. 💔⚾ His departure marked the end of an incredible era: Lasorda won 4 National League pennants and 2 World Series titles after taking over Between Alston (hired in Brooklyn in 1953) and Lasorda, the Dodgers had only two managers over a span of nearly 43 years! Bill Russell stepped in to replace him. Talk about franchise stability.

On This Day In Sports History

On July 29, 1994, horse racing history witnessed one of the most unbelievable coincidences ever caught on a photo-finish camera. Two completely evenly matched thoroughbreds—Honest Onyx and Exclusive Gold—went head-to-head for a grueling seven furlongs at Assiniboia Downs. When they hit the wire, officials reviewed the finish-line camera and literally could not separate them. The result? A rare, official dead-heat for the Win! But the story gets crazier. Just two weeks later, the exact same two horses raced the exact same distance at the same track—and dead-heated again, this time tying for second place. Talk about defying the odds! official dead heat