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DraftKings to Launch Online Sportsbook in Kentucky on September 28

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DraftKings Inc. announced plans to launch its top-rated mobile sportsbook in Kentucky on September 28, 2023. Last month, DraftKings reached an agreement with ECL Corbin, LLC, a wholly owned subsidiary of ECL Entertainment, LLC, dba The Mint Gaming Hall at Cumberland (“Williamsburg”) and Cumberland Run (“Corbin”) giving the digital sports entertainment and gaming company access to operate online sports betting in the Commonwealth.

Beginning September 28, 2023, eligible customers in Kentucky will have the opportunity to place bets through DraftKings’ online sportsbook across collegiate and professional sports, including the NCAA, NFL, MLB, NBA and more. DraftKings offers Kentucky customers access to place a variety of bets, such as same-game parlays, in-game betting options, player props, special odds boost selections, and more.

“Kentucky marks the 24th Jurisdiction overall where DraftKings is live, and we are thrilled to have the opportunity to deliver sports fans across Kentucky with our safe and legal mobile DraftKings Sportsbook app,” said Matt Kalish, President, DraftKings North America. “It’s an exciting time of year with the NFL and college football seasons currently underway, and we look forward to being the ultimate host, providing customers with a seamless and enjoyable sports betting experience.”

DraftKings has teamed up with popular Kentucky Sports Radio (“KSR”) host Matt Jones ahead of launching in the Commonwealth. To celebrate the occasion, Jones will be hosting his show live from The Mint Gaming Hall Cumberland in Williamsburg and placing a ceremonial first bet via the DraftKings Sportsbook app.

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“I am excited to team up with DraftKings and their top-rated sportsbook to deliver KSR listeners and sports fans across Kentucky with engaging content and the latest DraftKings offerings,” said Kentucky Sports Radio Host Matt Jones. “We at KSR wanted to make sure that we were working with the best company for those eligible to wager in Kentucky, and I am ecstatic that we have done just that. We are just kicking things off in Kentucky and looking forward to celebrating more milestones with DraftKings.”

In addition to its online sportsbook, Kentucky sports bettors can place wagers in person at the newly opened DraftKings Sportsbook located at The Mint Gaming Hall Cumberland in Williamsburg and Cumberland Run in Corbin.

“We’re excited that eligible Kentucky residents will have expanded access to sports betting through DraftKings’ acclaimed online sportsbook,” said Henry Graffeo, General Manager of The Mint Gaming Hall Cumberland and Cumberland Run. “I can’t think of a more appropriate person than Matt Jones to make the ceremonial online bet as mobile sports wagering comes to Kentucky on September 28. Matt carries a voice that booms across the Commonwealth and has championed bringing sports betting to Kentucky for years. We invite his many fans to come out to The Mint Gaming Hall Cumberland to listen to Matt and the KSR crew live, as well as place a wager in person at our betting kiosks or on the DraftKings Sportsbook app while enjoying a great sports viewing experience with more than 50 televisions.”

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, with a focus on Service, Equity, Responsible Gaming, Vitality, Entrepreneurship, and Sports. Responsible gaming is a key pillar of the DraftKings S.E.R.V.E.S. program, and DraftKings’ collective mission is to protect consumers with groundbreaking technology, employee training, resources for customers, and the support of evidence-based research.

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Charlie Bernard

Legacy Fantasy Sports Launches On-Demand Daily Fantasy Sports and Wins Best Product Experience Award at the 2024 Fantasy Sports & Gaming Association Winter Conference

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Revolutionary fantasy sports platform comes to market in time to extend the football season for thousands following the Super Bowl

The Legacy Fantasy Sports team has re-branded the company with the launch of its all-new, revolutionary fantasy sports app titled On Demand Daily Fantasy Sports (ODDFS) and took home the award for Best Product Experience: Start-Up at the Fantasy Sports & Gaming Association (FSGA) Winter Conference in Las Vegas.

ODDFS is available in the App Store and on Google Play. The change is not only in name but is also more representative of the innovative and first of its kind platform that allows players to be able to create and play in a fantasy sports contest, anytime, 24/7/365 days per year at the snap of your fingers.

“We couldn’t be more thrilled to win the Best Product Experience award at the FSGA Winter Conference,” the co-founder of ODDSF, John Latella, said. “The ODDFS app is literally for everyone and was designed specifically with kids and families in mind. This is why it was important to keep it a non-gambling platform that appeals to casual and die-hard fantasy enthusiasts alike who still want to engage in fantasy sports when there are no ‘live’ sporting events available or their favorite sports season has come to an end.”

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As a social gaming fantasy sports app, ODDFS erases the limitations of traditional fantasy sports by allowing friends, co-workers, fans and family members of all ages to actively play in public contests or create their own daily fantasy sports (DFS) contests, no matter the sport, during times when no other platform can be active because there are no ‘live’ sporting events. With ODDFS, they can join or create a DFS contest 24/7/365, utilizing the players of today alongside the grinders, all stars and hall of famers that have stepped on the field over the last 20 years.

ODDFS proprietary technology allows fans to build a roster with players from today and legends of the past, extending each sport’s fantasy season from a few months to every day of the year. Create your roster with over 5,000 NFL players that have taken the field from 2000 to the present and over 30,000 players representing over 290 colleges and universities that have taken the field from 2013 to the present. Check out how we achieve this, as well as our revolutionary in-app functionality.

ODDFS unique in-app functionality includes social networking, weekly, monthly, yearly and all-time leaderboards for each sport, the DFS IQ, which provides the latest fantasy sports news in partnership with Fantasy Pros, customizable public and private leagues and a first-of-its-kind rewards program where users earn points based on the amount of contests that they play in that can be redeemed for in-app rewards.

“Winning this FSGA award is a thrilling achievement because we created ODDFS as a response to the lack of innovation and repetitive nature of the fantasy sports market,” the Chief Operating Officer for ODDFS, Ray Bonkowski, said. “The industry has been focused on sports betting and gambling, which we believe has left a large gap in the market. Our product was built to provide an option for new and existing fantasy sports fans during a period when ESPN, Yahoo, DraftKings, FanDuel and other operators cannot provide an NFL or college football DFS contest because there are no live games on the schedule.”

With over 350 million people playing fantasy sports worldwide, ODDFS believes that many of these are non-sports betting/non-gambling motivated and interested in playing whenever they want. Furthermore, in the United States alone there are 25 million people between the ages of 13 and 17 that currently cannot play DFS on any of the other platforms. We look forward to changing that with ODDFS. For media inquiries, affiliate and partnership opportunities and more information please contact Charlie Bernard at Charlie@ LegacyFantasySports. com.

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DraftKings

DraftKings Reaches Agreement to Acquire Jackpocket for $750 Million

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DraftKings Inc. announced that it has reached an agreement to acquire Jackpocket, the leading lottery app* in the United States, for total consideration of approximately $750 million, with approximately 55 percent of the consideration payable in cash funded from the Company’s balance sheet with no capital raise required and approximately 45 percent of the consideration payable in the Company’s Class A common stock, subject to customary purchase price adjustments and the collar mechanism described below (the “Proposed Transaction”).

Jackpocket is the leading provider of digital lottery services in the U.S. with proprietary and highly-scalable technology, a strong brand, and an outstanding founder-led management team. The Proposed Transaction will enable DraftKings to access and grow into the massive U.S. lottery industry, but more importantly strengthen its position in Sportsbook and iGaming through higher customer lifetime value – based on demonstrated cross-sell capabilities – and an enhanced customer acquisition engine.

“We are very excited to enter the rapidly growing U.S. digital lottery vertical with our acquisition of Jackpocket,” said Jason Robins, Co-founder and CEO of DraftKings. “This transaction will create significant value for DraftKings not only by giving our customers another differentiated product to enjoy but also by improving our overall marketing efficiency similar to how our daily fantasy sports database created an advantage for DraftKings in OSB and iGaming.”

“Together with DraftKings, we will be able to bring tremendous value to our customer base as we advance our mission to create a more convenient, fun, and responsible way to take part in the lottery,” said Peter Sullivan, CEO of Jackpocket. “DraftKings’ broad footprint and exceptional mobile products present an opportunity to meaningfully expand the digital lottery vertical, and we could not be more excited to come together with DraftKings.”

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BetMGM

BetMGM to Reportedly Partner With X, Feature Sports Betting Odds on Social Media Platform

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BetMGM is about to have a large presence on a popular social media platform. The sports betting operator is partnering with X, formerly Twitter, according to reports.

BetMGM will provide an odds feature on X and direct links to the online sportsbook to the Elon Musk-owned platform.

While the specific financial terms of the potential partnership remain undisclosed, the collaboration aligns with the companies’ interests, especially considering the upcoming NFL Super Bowl, just two weeks away.

BetMGM has more than 310 million followers on X already, and the network is a haven for bettors to share picks, show bets, and discuss sporting events, including popular ones like the Super Bowl.

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BetMGM, live in more than 20 U.S. jurisdictions, is the third-largest sportsbook operator behind FanDuel and DraftKings with a market share of 18%.

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