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Agreement Offers Access for Online Sports Betting in Connecticut, Along With Daily Fantasy Collaboration
BOSTON & MASHANTUCKET, CT—December 7, 2020—DraftKings (NASDAQ: DKNG) and the Mashantucket Pequot Tribal Nation today announced they have entered into a multi-channel deal, setting the stage to deliver access for online sports betting ahead of the anticipated launch of legal sports betting in Connecticut, subject to necessary legislative and regulatory approvals. With this alliance, DraftKings will also become the official daily fantasy sports partner of Foxwoods Resort Casino.
Through this agreement, DraftKings, a leader in digital sports entertainment and gaming, will expand its footprint in New England and the Connecticut, New Jersey and New York Tri-State area.
“This is a landmark deal in collaboration with the Mashantucket Pequot Tribal Nation as well as a critical next step to bringing America’s top-rated sportsbook app to sports fans in Connecticut,” said Matt Kalish, co-founder and President of DraftKings North America. “The national expansion of regulated sports betting is among our top strategic priorities. DraftKings today is live with mobile sports betting in 10 states, more than any other operator in the U.S., and teaming up with the tribe will allow us to extend our reach even further.”
- Foxwoods Resort Casino is a world-class destination offering something for everyone, from luxurious hotels, gourmet restaurants, world-renowned spas, and entertainment to award-winning golf, state-of-the-art theaters, and exclusive retailers. Within the resort, Foxwoods offers four extraordinary and distinct hotels.
- Casinos in Mashantucket, CT.
Located between Boston and New York City, Foxwoods simplifies the task of meeting planners like no other place. Nestled in acres of pristine Connecticut forest – and yet just minutes from vibrant New England cityscapes – Foxwoods rises like an electrifying citadel for business and relaxation. There are also tons of buses from various locations in New England and New York. You can call 1-888-BUS-2-FOX or check the Foxwoods website for schedules and details. Other places to visit near Foxwoods Resort Casino If you haven't already gambled away your kid's college fun, drive fifteen minutes to the slightly larger Mohegan Casino. Foxwoods Resort Casino is owned and operated by the Mashantucket Pequot Tribal Nation. For a comprehensive look at Foxwoods Resort Casino and Mashantucket Pequot Tribal Nation visit Foxwoods.com. About the Mashantucket Pequot Tribal Nation.
“Partnering with DraftKings, the most prominent name in sports betting, reinforces the Mashantucket Pequot Tribe’s position as a leader in the gaming and entertainment industry,” said Rodney Butler, chairman of the Mashantucket Pequot Tribe, which owns and operates Foxwoods. “We’ve proven our ability to shape the future of gaming time and time again, and now we’re ready to drive sports wagering and online gaming for the state of Connecticut. Working through the tribal gaming compacts, we will help bolster our economy with much-needed revenue and virtual entertainment.”
DraftKings will also become Foxwoods’ first-ever daily fantasy sports partner, when launched on December 13, 2020, offering online promotions, contests and other integrated digital experiences to enhance fan engagement.
“DraftKings is a pioneer in the U.S. digital sports entertainment and gaming market,” said Jason Guyot, interim CEO and president for Foxwoods Resort Casino. “Offering daily fantasy sports allows us to bring a new type of compelling and interactive online experience to our passionate sport fans By combining Foxwoods’ 29-year gaming legacy with DraftKings’ deep digital expertise, we’re well positioned to continue leading gaming advancements in the region and beyond.”
Under longstanding agreements with Connecticut, in exchange for 25% of their slot revenue, the Mashantucket Pequot and Mohegan Tribes maintain the exclusive rights to operate gaming within Connecticut’s borders — an arrangement that has generated over $8 billion in revenue for the state since its inception. Upon state legalization and execution of an amendment to the Tribal/State agreement, DraftKings and the Mashantucket Pequot Tribe will be poised to launch sports betting in Connecticut. Online gaming and sports betting are projected to generate $175 million in new revenue for the state over five years.
Since the overturn of The Professional and Amateur Sports Protection Act of 1992 (PASPA), DraftKings is now live with mobile and retail sports betting across the country in a total of 12 states, with New York and Mississippi currently only offering customers the retail sportsbook experience. In November, DraftKings entered Tennessee, marking the most recent sports betting state launch for the company with the goal of nationwide accessibility.
Fans can access integrated daily fantasy sports experiences by visiting www.draftkings.com and www.foxwoods.com or download DraftKings’ daily fantasy and sportsbook apps via iOS and Android.
About DraftKings
DraftKings Inc. (Nasdaq: DKNG) is a digital sports entertainment and gaming company created to fuel the competitive spirit of sports fans with products that range across daily fantasy, regulated gaming and digital media. Headquartered in Boston, and launched in 2012 by Jason Robins, Matt Kalish and Paul Liberman, DraftKings is the only U.S.-based vertically integrated sports betting operator. DraftKings is a multi-channel provider of sports betting and gaming technologies, powering sports and gaming entertainment for 50+ operators in 17 countries. DraftKings’ Sportsbook is live with mobile and/or retail betting operations in the United States pursuant to regulations in Colorado, Illinois, Indiana, Iowa, Mississippi, New Hampshire, New Jersey, New York, Oregon, Pennsylvania, Tennessee and West Virginia. DraftKings’ daily fantasy sports product is available in 8 countries internationally with 15 distinct sports categories. DraftKings is the official daily fantasy partner of the NFL, MLB and the PGA TOUR as well as an authorized gaming operator of the NBA and MLB and an official betting operator of the PGA TOUR.
About the Mashantucket Pequot Tribal Nation
The Mashantucket (Western) Pequot Tribal Nation is a federally recognized Indian tribe located at one of America’s oldest Indian reservations, Mashantucket, in Southeastern Connecticut. As pioneers of the Indian Gaming casino industry, the history of the Mashantucket Pequots reveals one of America’s greatest come-back stories, featured at the Tribe’s world renowned Mashantucket Pequot Museum. Today, the Tribe owns and operates one of the largest Integrated Resort Casino destinations in North America, Foxwoods Resort Casino, along with a variety of complementary businesses including a world-class golf course, luxury spa, Pequot Pharmaceutical Network, and Pequot Plus Health Benefit Services. As one of Connecticut’s highest revenue contributors and largest employers, the Mashantucket Pequots have provided the state more than $4 billion in slot revenue through a first-of-its-kind agreement, established in 1993. Likewise, the Tribe has contributed hundreds of millions in donations and sponsorships for the benefit of communities and tribes in need, locally and throughout the U.S.
About Foxwoods Resort Casino
As the largest resort casino in North America, Foxwoods Resort Casino offers guests a premier destination resort experience throughout its six world-class casinos; AAA Four-Diamond hotels featuring over 2,200 rooms; dining options for all tastes; luxurious spas; award-winning golf; state-of-the-art theaters; Tanger Outlet Mall; conference space for groups of all sizes; and free online casino games at FoxwoodsONLINE.com. There is always something new at Foxwoods, most recently the arrival of Foxwoods Extreme Adventures. Adventure knows no limit as guests can zipline or race around on a European-style indoor karting track. Foxwoods Resort Casino truly is The Wonder Of It All, providing a personalized and exciting escape for everyone. Foxwoods, opened in 1992, is owned and operated by the Mashantucket Pequot Tribal Nation. For a detailed look at Foxwoods Resort Casino and Mashantucket Pequot Tribal Nation visit Foxwoods.com.
Media Contacts
SHIFT Communications for Foxwoods Resort Casino
Forward-Looking Statements
Certain statements made in this release are “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside DraftKings’ control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see DraftKings’ Securities and Exchange Commission filings. DraftKings does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
As one of the largest resort casino in North America, Foxwoods Resort Casino offers its guests an all-in-one getaway.
With several different rooms types to choose from, you can have high expectations for the luxury and sweet amenities of this fine Connecticut resort casino.
About the Casino
At Foxwoods Resort Casino, you don’t have to spend the day gambling if you’re looking for a break. Outside of the resort, you can play 18 rounds on the Lake of Isles championship golf course designed by Rees Jones.
Take a history break at the Mashantucket Pequot Museum, which preserves the culture of the area’s first inhabitants.
Shop at Tanger Outlets with more than 70 premium retailers all under one roof.
Relax and pamper yourself at the Norwich Spa, or spoil yourself with a Native American-inspired maize-and-mountain-laurel scrub at the G-Spa.
Are you placing your bets playing real money blackjack, baccarat, or bingo?
If you’re looking to put your skill to the test while getting an adrenaline boost, buy in for a seat at the Sit & Go tournament in the East Coast’s largest poker room.
The History of Foxwoods
The story of how the casino came into existence started when The Mashantucket Pequot Tribe gained legal control of their reservation and finally received federal recognition by an act of Congress in 1983, which overrode a veto by President Ronald Reagan.
The tribe would start getting the ball rolling for the starting development stages, and by 1986, Foxwoods would be founded as a high-stakes bingo hall on the reservation.
The tribe partnered with Lim Goh Tong, a Chinese Malaysian man who founded the only legal casino in Malaysia, for financing the necessary cost that would finally turn Foxwoods into a full casino.
In 1992, changes were coming. A bingo hall would no longer be the only thing that the casino had in its name. In 1997, the associated deluxe Grand Pequot Tower was opened for business.
The tribe added casino table games, followed by even more additional slot machines in 1993. Also in 1993, G. Michael Brown became the chairman of Foxwood Resort Casino.
After an agreement between the tribe and the state of Connecticut, the tribe would agree to give 25% of all of their revenue from the slot machines to the state.
As of 2007, that total sum amounts to be around $200 million per year. By the end of June 2008, the 6,300 slots at Foxwoods had generated more than $9.1 billion.
In 1995, Foxwoods added a poker room as well as a high-limit 30 table game area. Because of the casino being located on sacred and sovereign Mashantucket Pequot land, it is not required to comply with the rest of the state’s laws regarding smoking.
From the date of its arrival in Connecticut, Foxwoods has never been a smoke-free resort casino.
As feelings around smoking have evolved drastically through the early 21st century, Foxwoods eventually began to receive complaints about all of the indoor smoking areas, such as hallways, walkways, hotel lobbies, retail stores, and most restaurants.
Since then, the hotel has moved the most of the smoking areas to where the guests can breathe fresh air in most of the places that were previously smoke friendly.
There many very large casinos in the United States, and Foxwoods Resort Casino holds the honor of being on that list. So if you’re really interested in seeing very large casinos that just have tons and tons of floor space, this is the place to go.
Fun Facts About Foxwoods
From the date of its conception to now, Foxwoods Resort Casino has some pretty interesting stories and facts about the resort that are absolutely worth mentioning.
Many locals say on good authority that legend says that Foxwoods, from their first day onward, have never truly closed their doors, meaning that for 25 years their doors have stayed open.
When Hurricane Irene hit Connecticut in 2011, the casino chose to leave its doors open even then—hey, that’s not what I would have done, but I guess it worked out for them! The casino was not damaged by the hurricane in the least and still has its doors open to this day.
Star Struck
If you’re a citizen of the United States or simply just live on this planet then you should know who Frank Sinatra is.
When the casino opened the Fox Theater and Grand Pequot Tower hotel in 1993, Frank Sinatra sang and performed for five different sold out shows.
He left the audience with classics like “I’ve Got the World on a String,” ”The Best Is Yet To Come My Way,” and “My Way.”
Before his performance, he requested the essentials: cherry Lifesavers and Jack Daniel’s whiskey. I’ve never sang on a stage before, but I guess that’s the magic potion that he needs to thrive.
Sinatra hasn’t been the only world renowned musician of performer to have graced the stage at Foxwoods. Luciano Pavarotti, one of the best known Italian opera tenors of all time, performed at Foxwoods’ High Stakes Bingo Hall in 1994 for about 4,000 people.
It obviously isn’t a small Bingo Hall.
After his performance, Pavarotti was graced with three separate encores, bringing his audience back into the show for a final number. Some of Foxwoods’ exclusive commemorative gaming chips were passed around after his performance in honor of Pavarotti and all of his grand talent.
You can probably find some of the commemorative coins from the performance on eBay if you’re a serious collector!
The star power hasn’t let up at Foxwoods Resort Casino.
Plenty of other celebrities frequent the hotel. Some of the popular faces include Sean “Puff Daddy” Combs, Kim Kardashian and Kanye West, Catherine Zeta-Jones, Michael Douglas, Tricia Arnold, Nick Cannon, Quincy Jones, as well as several different contestants from America’s Next Top Model.
Inside the Casino
The facts definitely do a good job of showing how popular this casino really is. Foxwoods’ Valet attendants have parked over 23 million cars since the casino’s opening.
Foxwoods Resort Casino Mashantucket Ct 06338
As compared to other casinos in the US, 23 million is a very high number, especially when you take into account the length of time the casino has been open and operating.
As one of the largest resort casinos in North America, Foxwoods has been considered by many to be a gaming paradise. With 3,500 real money slots on four different casino floors to choose from, it has the most comprehensive and diverse array of games in the region.
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The Price is Right® Showcase Showdown, Wild Lepricoins, and Jurassic Park are all waiting for you to play until you’re ready to move onto something else. Becoming a valued member of the Foxwoods family when joining the Foxwoods Rewards loyalty program will give you extra access, bonuses, and benefits.
Inside Foxwoods’ Play Arena, it can be said that most people have never played casino table games the way you can here at Foxwoods.
The Play Arena gives players the ability to be able to play three live table games simultaneously. Whether you prefer baccarat, blackjack, or roulette, let Foxwoods Dealertainers spin the wheel and turn the cards that will name the winner while you watch all of the action from your personal play station.
Did I Leave Something Out?
This resort casino is a big one, and with its large size and densely crafted atmosphere for entertainment, there are going to be so many fine details that I’m just not going to be able to address in this short article.
If you’ve been to Foxwoods Resort Casino and know something cool about it that I didn’t mention, please feel free to share in the comment section down below!