While the other states where DraftKings runs online and retail books are larger than the Granite State, those states also have competitive markets with multiple retail and online options<\/p>\n
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In New Hampshire, DraftKings is currently working on a contract with the New Hampshire Lottery Commission (NHLC) to be the only retail and online sportsbook in the state. The Lottery would also offer sports betting, but the state law prohibits it from offering the same types of betting options as brick-and-mortar or mobile applications can offer, such as in-game betting and single game wagering.<\/p>\n<\/div>\n
In addition, New Hampshire would be the closest legal sports betting option for many in Massachusetts. Boston, which is home to teams in all four major professional leagues, is home to roughly 4 million people, and nearby Worcester has a metropolitan population of more than 900,000.<\/p>\n
According to information from the NHLC, DraftKings offered to give it 50 percent of its gross gaming revenue if it was the exclusive sportsbook in the state.<\/p>\n
Pennsylvania Approves DraftKings for Mobile<\/h2>\n
New Hampshire isn\u2019t the only new market for the company.<\/p>\n
The Pennsylvania Gaming Control Board approved DraftKings for an online sports betting license at its Wednesday meeting. The company will run an online skin for Meadows Racetrack and Casino, located near Pittsburgh.<\/p>\n
It\u2019s expected the app will go live later this month.<\/p>\n","protected":false},"excerpt":{"rendered":"
Shortly after DraftKings found itself to be the front-runner for a potentially lucrative sports betting contract in New Hampshire, a report surface that the sports technology company is in talks to be acquired. Financial news site Bloomberg reported that the Boston-based company is in discussions with Diamond Eagle Acquisition Corp. Diamond Eagle, publicly traded on […]<\/p>\n","protected":false},"author":45,"featured_media":118772,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[32093,1074],"tags":[],"acf":[],"yoast_head":"\n
DraftKings Reportedly in Talks With Publicly Traded Acquisition Company<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n