Twin River Worldwide Holdings has entered into an agreement for market access partnerships with DraftKings and FanDuel Group in Colorado that will enable sports fans in the Centennial State to gain access to the companies’ sportsbook products.
Twin River issued a statement saying that the deals combine its nationwide experience in gaming and casino operations with “market-leading sports betting expertise and globally recognizable brands”.
Colorado is the fifth state in the United States where the FanDuel Sportsbook platform will be available and is the sixth state to offer the DraftKings’ Sportsbook platform.
Twin Rivers acquired Golden Gates, Golden Gulch and Mardi Gras Casinos in Black Hawk, Colorado last week. On completion of the purchase, the company also acquired the right to three sports gaming licenses in Colorado which led to the creation of these two partnerships. The third license will be retained by Twin River for its own future use.
George Papanier, President and CEO of Twin Rivers, commented that obtaining the right to three sports gaming licenses in Colorado will expand their footprint in the state well beyond their Arapahoe Park racetrack and off-track betting network.
Papanier also said that these newly-formed partnerships with DraftKings and FanDuel allow them to provide an unmatched sports betting experience to Colorado, not only with their mobile betting access, but also with an exciting DraftKings retail sportsbook location inside one of their newly acquired casinos.
Ezra Kuchartz, Chief Business Officer at DraftKings, said that coast to coast, DraftKings is committed to providing states across the country with the ultimate experience in legal sports betting.
Matt King, CEO at FanDuel, noted that Twin River has been engaged in sports betting since the beginning in Rhode Island and Mississippi, and they are an ideal partner as they continue to enter states that open up online and mobile sports betting.