Churchill Downs Inc., FanDuel Announce Multi-Year Content Agreement

Summarized by: Live Sports Direct
 
Churchill Downs Inc., FanDuel Announce Multi-Year Content Agreement

Churchill Downs Inc. and FanDuel announce a multi-year content agreement. CDI will provide technology and services to enable Fanduel's customers to place pari-mutuel wagers on horse racing via Fan duel sports wagering and ADW platforms. Fan Duel will also receive a non-exclusive sponsorship of the Kentucky Derby in the sports betting category beginning in 2023 in exchange for an annual sponsorship fee. New York Racing Association will sell 49 percent of United Tote to New Yorks Racing association by the end of 2022.

Churchill Downs Inc. and FanDuel announce a multi-year content agreement. Churchill Downs owns and operates four gaming entertainment venues and 3,900 historical racing machines in Kentucky. Fanduel owns TwinSpires, one of the largest and most profitable online wagering platforms for horse racing in the U.S. It also owns eight retail sportsbooks and a leader in brick-and-mortar casino gaming in eight states.


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