Horse Racing

DraftKings to Launch CDI-Powered Racing Betting Offering

Summarized by: Live Sports Direct
 
DraftKings to Launch CDI-Powered Racing Betting Offering

DraftKings has partnered with Churchill Downs Incorporated to create and launch a horse racing betting app. CDI subsidiary will provide advance deposit wagering technology to the US-focused gambling operator. TwinSpires is currently the leader in the online horse race betting market in US. DraftKings plans to provisionally launch DK HORSE at some point in coming months.

DraftKings will launch CDI-Powered Racing Betting Offering DK HORSE in 21 states in time for the Kentucky Derby in May 2023. CDi CEO Bill Carstanjen believes the quality of the TwinSpires technology and offering is currently unmatched.

DraftKings has partnered with CDI to launch a new betting offering. CDi has been involved in US horse racing for almost 150 years. FanDuel has a similar deal with the CDIs. BetMGM has relationship with New York Racing Association. Caesars Racebook is up and running in numerous states.

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