BOSTON, Jan. 24, 2021 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) today announced the launch of DraftKings Sportsbook in Virginia, marking the 12^th state in which the top rated mobile and online sportsbook is available. Customers in Virginia will now be able to place bets on a number of markets across professional and collegiate sports using the DraftKings made-in-America digital sportsbook app.

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When possible, we will first refund all deposits made in the last 90 days. Any excess funds after refundable deposits have been fulfilled are delivered via the selected withdrawal method (PayPal or check) If a card used to deposit is expired, refundable deposits will be returned to your new card as long as the account numbers are the same. Apr 27, 2020 DraftKings DKNG, +0.71% launched in 2012 with a single, daily fantasy-sports product, which allowed enthusiasts to make bets on players’ performance in a range of sports. Something of a virtual. DraftKings is the second brand. Virginia and Michigan will be followed by other states where online gaming and sports betting is expected to launch in 2021. As a way to compensate for financial losses caused by the coronavirus pandemic, Kentucky lawmakers announced making another attempt to legalize sports betting. Since many neighboring states.

“Just in time for Super Bowl LV, we are thrilled to bring the DraftKings sports betting experience to Virginia with an abundance of betting options for fans,” said Jason Robins, co-founder and CEO, DraftKings. “With our customer-first approach, we hope to be the sportsbook of choice for Virginians who enjoy having skin in the game.”

Ahead of Super Bowl LV, DraftKings is offering all customers a Double Your Money opportunity on any team to score a touchdown. Beyond Super Bowl LV, the cutting-edge mobile technology of DraftKings Sportsbook will provide sports bettors in the Commonwealth of Virginia the opportunity to bet on more than 250 unique leagues including popular professional sports: baseball, football, golf, hockey, boxing, soccer, tennis, motorsports and basketball. Collegiate sports are also available, with the exception of in-state college teams and college prop bets. DraftKings Sportsbook technology keeps consumer information safe and secure and provides built-in responsible gaming measures like time and deposit limits.

A consumer research study by DraftKings indicated that Virginia sports fans are most likely to bet on the NFL, followed by the NBA and college football. That same study found the Washington Football Team and the Dallas Cowboys are the two most favored NFL teams in Virginia, while the LA Lakers, Chicago Bulls, and Washington Wizards are the most popular NBA teams. Prior to Sunday’s NFL Conference Championship games, DraftKings is offering all customers an additional Double Your Money opportunity by betting on any of the four teams playing to score a touchdown.

DraftKings’ sportsbook and daily fantasy products are available via iOS and Android here.

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, Michigan, Mississippi, New Hampshire, New Jersey, New York, Oregon, Pennsylvania, Tennessee, Virginia 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, NASCAR 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.

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.

Media Contact:
media@draftkings.com

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GET A DEPOSIT BONUS UP TO $500!*

Daily Fantasy Sports (DFS) mirrors season-long fantasy sports but condenses it into a shorter, more sweat-inducing format. Heart-throttling contests range from a day to a week depending on the sport. Competitors draft a player roster and those athletes earn points based on their in-game performance. Sweat the sweat each and every play. Test your skills and knowledge (throw down bragging rights) with friends or with other fans nationally. Let victory chase you for a change.

DraftKings DFS is available in 43 of our shining states. It is not offered in these seven states:
Arizona Hawaii Idaho Louisiana Montana Nevada Washington

How To Play

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DraftKings is the best place to play fantasy sports, I wouldn’t play anywhere else...This Is Home!

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Play who you want. Get your cleats wet with a Casual contest. Settle a rivalry in a Head to Head matchup. Mix it up with competitors in public or private Tournaments. Join Leagues with friends, coworkers, and family to prove your fantasy supremacy. Win a qualifier, get invited to a Live Event. Great destinations, colossal cash prizes. Play how you want. Hover or tap to learn more about the game styles below.

Classic

Draft choice players from a slate of multiple games. Beware the salary cap. Signing “hidden gems” and “value picks” are crucial.

Flash Draft

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Draft quickly during the game. Pick a player (or two) from each group within the time limit. Tick tock. Choose carefully - multipliers add an extra twist.

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Tiers

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In-Game Showdown

These contests are all about the second half and overtime. Draft after the first half. Pick the players you think will crush in the clutch.

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Draft, update your lineup, run up the score (points) from anywhere, even the stadium. Let your fingers do the endzone dance.

Welcome to the new, old school. Play Daily Fantasy Sports on your computer. Victory is the pen that inks your legacy.

Our Sports

With a treasure chest of sports to light your lamp, scoring the right contest is a layup, a gimme, a can of corn (insert your sports cliché here).

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Current Offer

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*A customer’s first deposit (min. $5) qualifies the user to receive up to $500 in bonus funds in the form of site credits that can only be used on DraftKings. Bonus amount is equal to 20% of that deposit amount, not to exceed $500 (the user must deposit $2,500 to be eligible to receive the maximum possible bonus amount of $500). Bonus funds will be awarded to the user according to the following play-through requirement: for every $25 played on DraftKings in DFS/Sportsbook/Casino, the user will receive $1 in bonus funds released into their player account (e.g., a $2,500 deposit requires a user to play through a cumulative total of $12,500 in daily fantasy contests, sportsbook (-300 odds or longer), casino products, or any combination thereof to receive the maximum possible bonus amount of $500). The play-through requirement must be met 90 days from the date of first deposit to receive maximum bonus. After such date, you are ineligible to earn any additional bonus funds as part of this promotion. Customers who previously made a deposit on DraftKings are ineligible for this promotion. Restrictions apply for MA customers. Limit one (1) deposit bonus per user. Promo ends 1/3/21. With your first deposit of $5 or more, you will receive a FREE $3 ticket to play in any $3 paid contest. You must use the ticket within 1 year of depositing. Not redeemable for cash.

Life’s more alive with skin in the game. Cheats and bullies are the worst. We swear to promote and preserve the competitiveness of our games while maintaining fair and level playing fields. Evenly matched matches. So, you can always scratch your sports itch. Even if you’re a lefty.