DraftKings just opened a new office in Las Vegas, and rumours are circulating about the launch of their newest sportsbook.
DraftKings is a fantasy sports and sports betting provider. The company allows users to water money on leagues such as; MLB, NHL, NFL, NBA, and PGA. They also allow wagers on the Premier League and UEFA Champions League.
The company launched its first Sprotsbetting app in New Jersey, back in August 2018. This made it the first legal mobile sports betting operator in the state. The company has launched sports betting apps in many states ever since and looks like Nevada might be next on the list!
The significance of DraftKings presence in Las Vegas
Co-founder Matt Kalish states that “Like everyone else, we have to go through our licensing, make sure we get all our paperwork in, all of that kind of stuff. It was a little bit lower on the list only because there’s a requirement to sign up on-premise in Nevada, which is a little different than if you go to New Jersey, for example, you just download DraftKings and start playing.”
He also added that “in Nevada, you have to go to a brick-and-mortar casino, sign up and then you can use the sports betting app. DrafKings didn’t have retail- we’re a digital company, so we didn’t have a casino in Las Vegas that people could even go to sign-up.”
Inside the new DrafKings office in Las Vegas
The new office is part of a co-working space known as WeWork. Equipped with offices and conference rooms to accommodate up to 70 employees. The company is planning to expand in the next period to accommodate 300 employees.
This is considered the company’s second-largest office after it’s main office in Boston. It is worth mentioning that DraftKings operates out of office in Hoboken and New York as well.
The company will be running the following operations from the office space; trading, customer service, grass. The office will also handle DraftKings future casino when it launches in Vegas.
DraftKings and Caesars partnership
Many believe that the partnership between the two companies can bring about a new sports wagering app to Las Vegas.
Kalish says, “We’ve never really had the urgency to go get a license because we don’t have a way for consumers to get access to the product. We need to kind of solve that and then do the licensing in conjunction.”
Johnny Avello, DraftKings sportsbook director says, “I’m very hopeful that you’re going to see us soon but I just can’t give you an exact date.”
DraftKings CEO Jason Robins stressed that “partnering with such a world-class gaming organisation will expedite our national roll0out process and give us the opportunity to work alongside one of the largest and most established industry leaders in the world.”
Kalish did not give a clear answer to whether the new partnership will yield a sports betting app.
Furthermore, industry experts believe that with Caesars new merge with Eldorado, as well as William Hill purchasing stakes in Eldorado, this might slow down the future of a DraftKings Sportsbook in Nevada.