DraftKings has introduced a brand new cope with the Mashantucket Pequot Tribal Nation (MPTN) – operators of the Foxwoods Resorts On line casino in Connecticut, which positions them to be a serious participant within the East Coast regulated sports activities betting market. However what the deal accomplishes right now is merely a gap act for a a lot larger transfer down the road.
Below the phrases of the “multi-channel deal”, DraftKings will change into the official day by day fantasy sports activities associate of the Foxwood Resorts On line casino. However that DFS deal (who performs DFS at a on line casino in any case?) is merely step one in direction of a a lot larger – changing into the official sports activities betting associate of the Foxwoods Resort On line casino. In any case that’s the place the actual cash is nowadays.
The one downside is that the State of Connecticut has but to approve sports activities betting for Indian casinos. State lawmakers are at present debating the topic and there’s a good likelihood that one of many state’s Indian tribes might go rogue and supply it in any case (since tribal regulation is underneath federal jurisdiction in any case).
Not one of the controversy is sufficient to decelerate the passion of Foxwoods Resorts On line casino executives like interim CEO and president Jason Guyot, from crowing concerning the deal in a current DraftKings press launch. “DraftKings is a pioneer within the U.S. digital sports activities leisure and gaming market. Providing day by day fantasy sports activities permits us to carry a brand new sort of compelling and interactive on-line expertise to our passionate sport followers By combining Foxwoods’ 29-year gaming legacy with DraftKings’ deep digital experience, we’re nicely positioned to proceed main gaming developments within the area and past,” he stated.
Foxwoods and DraftKings ought to have their DFS operation up and working by December 13.
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