Foxwoods and DraftKings Launch Online Sports Betting and iGaming in Connecticut
BOSTON – October 19, 2021 – The Mashantucket Pequot Tribal Nation, Foxwoods Resort Casino and DraftKings Inc. (Nasdaq: DKNG) today announced that online and mobile sports betting and online casino launched in Connecticut at 6:00 A.M. ET after successfully completing the required soft launch testing which began a week ago. The first wager accepted was $25 on the Los Angeles Dodgers at -180 to beat the Atlanta Braves in tonight’s National League Championship game.
Now all customers 21 years of age and older in the state of Connecticut can place a variety of sports bets and play casino games such as slots, blackjack and roulette using the co-branded Foxwoods and DraftKings Sportsbook and Casino app on their mobile device.
The Mashantucket Pequot Tribal Nation and DraftKings will be holding a virtual press briefing at 9:30 A.M. ET today to officially kickoff and welcome online sports betting and iGaming across the state. Mashantucket Pequot Tribal Chairman, Rodney Butler, and DraftKings President, North America and co-founder, Matt Kalish, will be addressing media.
The Mashantucket Pequot Tribal Nation, Foxwoods and DraftKings take responsible gaming seriously. An active member of the American Gaming Association, DraftKings has committed to promoting the association’s Have A Game Plan.® Bet Responsibly™ public service campaign which teaches customers responsible gaming best practices such as setting a budget and sticking to it and only playing with legal, regulated operators. Similarly, the Mashantucket Pequot Tribal Nation and Foxwoods are committed to supporting the development of awareness and prevention programs for problem gaming – including operating the first self-exclusion program in the country. Additionally, DraftKings is committed to creating inclusive and responsible pathways for people to build, create, imagine, and innovate through the DraftKings S.E.R.V.E.S. program.
DraftKings Inc. is a digital sports entertainment and gaming company created to fuel the competitive spirit of sports fans with products that range across daily fantasy, regulated gaming and digital media. Headquartered in Boston, and launched in 2012 by Jason Robins, Matt Kalish and Paul Liberman, DraftKings is the only U.S.-based vertically integrated sports betting operator. DraftKings is a multi-channel provider of sports betting and gaming technologies, powering sports and gaming entertainment for operators in 17 countries. DraftKings’ Sportsbook is live with mobile and/or retail betting operations in the United States pursuant to regulations in Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Michigan, Mississippi, New Hampshire, New Jersey, New York, Oregon, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming. DraftKings’ daily fantasy sports product is available in 7 countries internationally with 15 distinct sports categories. DraftKings is the official daily fantasy partner of the NFL, MLB, NHL, NASCAR, PGA TOUR and UFC as well as an authorized gaming operator of the NBA, an official sports betting partner of the NFL, MLB and NHL an official betting operator of PGA TOUR and the official betting operator of UFC. Launched in August 2021, DraftKings Marketplace is a digital collectibles ecosystem designed for mainstream accessibility that offers curated NFT drops and supports secondary-market transactions. DraftKings also owns Vegas Sports Information Network, Inc. (VSiN), a multi-platform broadcast and content company.
About the Mashantucket Pequot Tribal Nation
The Mashantucket (Western) Pequot Tribal Nation is a federally recognized Indian tribe located at one of America’s oldest Indian reservations, Mashantucket, in Southeastern Connecticut. As leaders of the Indian Gaming casino industry, the history of the Mashantucket Pequots reveals one of America’s greatest come-back stories, featured at the Tribe’s world renowned Mashantucket Pequot Museum. Today, the Tribe owns and operates one of the largest Integrated Resort Casino destinations in North America, Foxwoods Resort Casino, along with a variety of complementary businesses including a world-class golf course, luxury spa, Pequot Pharmaceutical Network, and Pequot Plus Health Benefit Services. As one of Connecticut’s highest revenue contributors and largest employers, the Mashantucket Pequots have provided the state more than $4 billion in slot revenue through a first-of-its-kind agreement established in 1993. Likewise, the Tribe has contributed hundreds of millions in donations and sponsorships for the benefit of communities and tribes in need, locally and throughout the U.S.
About Foxwoods Resort Casino
As the largest resort casino in North America, Foxwoods Resort Casino offers guests a premier destination resort experience throughout its six world-class casinos; AAA Four-Diamond hotels featuring over 2,200 rooms; dining options for all tastes; luxurious spas; award-winning golf; state-of-the-art theaters; Tanger Outlet Mall; conference space for groups of all sizes; and free online casino games at FoxwoodsONLINE.com. There is always something new at Foxwoods, most recently the arrival of Foxwoods Extreme Adventures. Adventure knows no limit as guests can zipline or race around on a European-style indoor karting track. Foxwoods Resort Casino truly is The Wonder Of It All, providing a personalized and exciting escape for everyone. Foxwoods, opened in 1992, is owned and operated by the Mashantucket Pequot Tribal Nation. For a detailed look at Foxwoods Resort Casino and Mashantucket Pequot Tribal Nation visit Foxwoods.com.
DraftKings Forward Looking Statements
Certain statements made in this release are “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside DraftKings’ control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see DraftKings’ Securities and Exchange Commission filings. DraftKings does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
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