DraftKings Sportsbook is set to go live in the Beaver State on Tuesday, following a deal with the Oregon Lottery Commission.
The company announced on Wednesday that it would be replacing the Lottery’s current Scoreboard App on January 18 as part of its agreement with the OLC. The agreement, which was unanimously approved by members of the Commission in August, allows DraftKings to become the exclusive sports betting provider of the state lottery and consequently take over the running of all sportsbook operations from the Oregon Lottery.
The Lottery launched the state-run Scoreboard mobile betting app in October 2019 through a partnership with SBTech.
The migration of the sportsbook from SBTech’s technology and solutions to DraftKings platform has been in the works since the Boston-based DFS turned sports betting operator completed its acquisition of the tech company. The companies combined in a three-party deal valued at $3.3 billion in April 2020.
The agreement with the Oregon Lottery Commission is the second exclusive lottery contract for DraftKings. The operator is also the official sports betting provider of the New Hampshire Lottery after inking a similar deal with the organization in 2019.
In its statement about the Tuesday launch, DraftKings has said that it is thrilled to partner with the Oregon Lottery to extend its footprint to the Beaver State. The company also said that it is looking forward to working with the lottery to introduce its top-of-the-range mobile sportsbook products to Oregon bettors.
‘’DraftKings is thrilled to embark on this journey with the Oregon Lottery as we build out a coast-to-coast presence with our top-rated online sportsbook for these fans to experience ahead of the NFL playoffs and Super Bowl. The Oregon Lottery shares our innovative spirit as one of the most progressive organizations in the real-money gaming sector, and together we look forward to delivering the exceptional online sportsbook products that Oregonians have been anticipating,’’ said DraftKings’ Co-Founder and President of Global Technology and Product, Paul Liberman.
The Tuesday launch will mark the 16th online state for DraftKings, and it comes barely two weeks after the operator rolled out its mobile betting platform in New York.
In its statement, the Oregon Lottery said that the partnership with DraftKings would provide its customers with an improved player experience since the company is among the top operators in the US market. For example, Oregonians will be able to place same game parlay wagers with the new DraftKings sportsbook.
The switch is also expected to deliver several strategic benefits and create multiple cost saving channels for the lottery.
‘’We’re excited about the improved experience for our players – including the ability to make same game parlay bets. DraftKings is a premier provider in the US,’’ stated the Executive Director for the Oregon Lottery, Barry Pack.
‘’We see benefits for the Lottery too, as the shift to DraftKings means fewer third-party service providers and a simpler financial structure for player accounts.’’
Oregonians who are currently registered with the Scoreboard app will continue to enjoy its functionality until the transition to DraftKings Sportsbook commences on Tuesday. The Lottery has also said that existing customers will be able to access their account information, transaction history, and the withdrawal function for up to six-months after the switch. After that, only customers with unsettled bets will be able to access their accounts.
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