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DraftKings Signs Several New Deals

DraftKings

Matt Kalish (Linkedin)

DraftKings Inc., a digital sports entertainment and gaming company, entered into a new deal with the Kentucky based firm ECL Corbin. DraftKings says the deal gives it access to operate mobile sports betting in the Bluegrass State pending licensure and regulatory approvals. In addition to offering mobile sports betting, DraftKings and Corbin will open retail sportsbooks at Corbin properties as well.

Also, Golden Nugget Online Gaming launched its online and mobile casino in Pennsylvania. The Golden Nugget Online Gaming casino app, powered by DraftKings technology, includes more than 500 slots and classic table games like Blackjack, Roulette and Craps, as well as exclusive games including Rocket, Golden Nugget American Roulette, Golden Nugget Blackjack and more.

DraftKings was co-founded by Jewish entrepreneur Matt Kalish.

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The world of sports betting in America has exploded since a Supreme Court ruling a few years ago struck down a Federal law that prohibited it. Before that ruling, sports gambling was only legal in Nevada, except for certain types of events like horse racing and then any cross-state bets were prohibited.

Today, betting on sports is basically allowed nationwide, with all sorts of apps letting people place bets with their fingertips. Once unthinkable, professional sports leagues now accept advertising and sponsorships from gambling businesses such as DraftKings.

“Together with the Corbin properties, we’re excited to bring our premier sports betting experience to yet another state and its sports fans,” said Matt Kalish, President of DraftKings North America, about the company’s new deal. “We want to thank the Kentucky General Assembly for passing legislation and Governor Andy Beshear for his support of sports wagering as we look forward to launching our sportsbook product during a busy football season, pending licensure and regulatory approvals.”

On the Golden Nugget deal Matt Kalish said, “We’re thrilled to announce that Golden Nugget Online Gaming’s mobile casino is now available to customers in the Commonwealth of Pennsylvania. The app is powered by our leading technology, which dynamically brings hundreds of popular casino games and exclusive content to our customers’ fingertips. Pennsylvanians will be able to enjoy superior customer service, rewarding promotions, and a smooth interface while playing on Golden Nugget Online Gaming.”

DraftKings is an American daily fantasy sports contest and sports betting company. It allows users to enter daily and weekly fantasy sports–related contests and win money based on individual player performances in five major American sports (the MLB, the NHL, the NFL, the NBA and the PGA), Premier League and UEFA Champions League football, NASCAR auto racing, Canadian Football League, the XFL, mixed martial arts (MMA), Boxing, Tennis, All Elite Wrestling (AEW), and WWE.

DraftKings also offers a sportsbook, which allows users to bet on the outcomes of sporting events. The sportsbook is available in states where sports betting is legal.

According to his official bio, Matthew Kalish is the President of DraftKings North America and a director. Mr. Kalish co-founded the Company in December 2011 and served as its Chief Revenue Officer from 2014 until December 2019. In December 2019, Mr. Kalish was appointed President, DraftKings North America. Mr. Kalish has served on our Board since April 2020. Mr. Kalish’s areas of responsibility have grown consistently to now oversee the performance of DraftKings’ Sportsbook, iGaming, Daily Fantasy Sports and Marketplace offerings, and he leads DraftKings’ operations, marketing and customer experience departments.

Mathew Kalish focuses on developing and managing high-performing offerings and promotions that users love, and bringing those offerings to market in order to drive user base growth and loyalty. The innovation under Mr. Kalish’s guidance has helped DraftKings grow its customer base significantly. Under Mr. Kalish’s oversight, DraftKings has grown to offer a broad variety of sports and game variants in Daily Fantasy Sports, as well as highly competitive Sportsbook and iGaming offerings, which have resulted in DraftKings achieving a market leadership position in the rapidly expanding U.S. real-money gaming landscape. Mr. Kalish’s passion for sports, analytics and game design has been instrumental in growing DraftKings from a small Boston start-up to a digital sports and entertainment enterprise. Mathew Kalish received his MBA from Boston College and his B.A. in Computer Science and Economics from Columbia University.

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