DraftKings and BetMGM get entry to the North Carolina market.

CR7 · Jan 8, 2024

This is indeed exciting news for sports betting enthusiasts in North Carolina! DraftKings and BetMGM have made some significant deals that will allow them to tap into the growing market in the state.

In the case of DraftKings, they have secured an exclusive partnership with Nascar, becoming the official daily fantasy sports partner for the racing organization in the US and Canada. This is a significant move for DraftKings as it gives them a strong presence in the world of motorsports. Additionally, DraftKings has also become an authorized gaming operator, further enhancing their position in the industry.

On the other hand, BetMGM has secured sports wagering rights at the Charlotte Motor Speedway. This means that they will have a strong presence at one of the premier racing venues in North Carolina. This deal is subject to regulatory approvals, but it shows BetMGM's commitment to expanding their sports betting offerings in the state.

It is worth noting that North Carolina is on the path to launching legal sports betting, and these deals by DraftKings and BetMGM indicate their readiness to capitalize on the new market. For DraftKings, this will be their 27th state of operation, highlighting their experience and expertise in the industry.

Overall, these partnerships highlight the ongoing momentum in the sports betting industry, as more states continue to legalize and regulate it. It will be interesting to see how DraftKings and BetMGM leverage their respective deals to attract sports bettors in North Carolina and further expand their presence in the state.

DraftKings and BetMGM get entry to the North Carolina market.

CR7

Well-known member

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