DraftKings recently announced that a new agreement has been reached with Penn National Gaming. The agreement will bring DraftKings online and a mobile sports betting app to Penn National’s affiliate, Hollywood Casino at Charles Town Race in West Virginia (WV).
The official launch is awaiting regulatory approvals. John Finamore, senior vice president of regional operations for Penn National Gaming, commented on the deal. He believes that DraftKing’s expertise has something special to offer when it comes to a quality online sports betting experience.
DraftKings—Likely First to Offer Online Sports Betting to WV
West Virginia sports betting launched on August 30th of 2018 and there are currently three operating sportsbooks. They are located in the Hollywood Casino in Charles Town, the Mountaineer Casino in New Cumberland, and the Greenbrier, which is a private resort casino in White Sulphur Springs.
Still, there are no online sports betting apps in operation. So, DraftKings will be the first to take this exciting opportunity to the market. The chances are high that DraftKings will repeat the New Jersey online gambling success.
Matt Kalish, chief revenue officer and co-founder of DraftKings, has talked about adding the Mountain State to its portfolio. He claims that DraftKings is excited to work with Penn National and deliver their product to the West Virginia market.
New Jersey sports betting app retention is over 90%, which is the type of success DraftKings hopes to achieve in West Virginia as well.
It’s just the Beginning for DraftKings and their Renovations
DraftKings has been busy these days. While working on the West Virginia deal, DraftKings also added new games to their mobile casino. Their New Jersey app now offers blackjack, and will soon be offering slots and video poker.
Currently, DraftKings is present in three states. It’s available in New Jersey, West Virginia, and Mississippi. It’s also highly probable that the company will expand to Pennsylvania in the near future. However, there’s also talk about DraftKings moving to New York. The situation, in both cases, depends on the state of sports betting in these states.