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BOSTON & MASHANTUCKET, Conn., Dec. 07, 2020 (GLOBE NEWSWIRE) -- 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.”
“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
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Foxwoods@shiftcomm.com
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.
Hotel Reservations: (800) 369-9663
Rooms: 1,398 Price Range: $79-$699
Suites: 209 Price Range: $229-$1,500
Restaurants: 28 (3 open 24 hours)
Buffets: B- $12.49 L-$19.99 D-$23.99
Casino Size: 323,376 Square Feet
Games Offered: Slots, Video Poker, blackjack, Craps, Roulette, Spanish 21, and Three-Card Poker
Overnight RV Parking: Free (self-contained only) RV Dump: No
Special Features: Daily resort fee charged in addition to the room rate. Three hotels with pool, Grand Pequot Tower hotel spa and beauty salon, golf. Headliner entertainment,The Club, and Atrium Lounge. Gift shops. Dream Card Mega Store. Hard Rock Cafe. Dream Cardmembers earn complimentaries at table games, slots, poker, and racebook. 10% room discount for AAA andAARP members. Two Rees Jones designed golf courses.
Located in Mashantucket, Connecticut, and owned by the Mashantucket Pequot Tribe, Foxwoods Resort Casino is the largest casino in the U.S. It is also the second-largestcasino in the world being bested only by the Sands Macao casino and Hotel in Macau.
Believe it or not, Foxwoods was actually founded in 1986 as a bingo hall. Now spanning over 4,700,000 square feet and made up of six casinos, this enormous Native American-themed resort hascome a very long way.
In 2008, in partnership with the Vegas-Based MGM/Mirage Corporation, Foxwoods opened the MGM Grand at Foxwoods. Foxwoods now offers more than 2,200 guest rooms in four hotels and 340,000square feet of gaming, as well as many restaurants, two spa/salons, an arcade, and more.
Spread out through its four hotels, Foxwoods has 2,241 guest rooms and 322 suites. All guest rooms feature Flat Screen TVs with on-demand and high-speed Internet. The rooms at both the GrandPequot and the MGM Grand were recipients of the AAA 4-Diamond award. Suites include features such as Jacuzzi-style tubs, wet bars, and vanity areas. Prices for rooms range from $109-$585 andsuites range from $275-$1,500.
Guests of the hotel can enjoy a wide array of amenities. For those who want to relax and be pampered, check out The Norwhich Spa at Foxwoods or the G Spa and Salon. Both offer a wide array ofspa services such as facials and body treatments as well as nail, hair, and waxing services.
Guests can also spend some time strolling and shopping in the retail concourse. The shops at Foxwoods feature over 25 high-end boutiques as well as specialty shops like Indian Nations and RainDance.
Finally, for the sporting type, Foxwoods offers special golf packages for the Lake of Isles Luxury Golf Resort. This Reese Jones designed champion golf course offers 36 unique holes as well asa Golf Academy.
Between MGM and Foxwoods, there are a total of 38 restaurants to choose from. This obviously leaves a huge array of dining options for all kinds of cuisine at any time of day.
Foxwoods has four fine dining restaurants: Cedars, Paragon, and David Burke Prime.
Cedars and David Burke Prime are both Steakhouses, serving up all types of American-style meats and sides, while Paragon offers seasonal menus and daily market offerings. Paragon was given theConnecticut Magazine Readers Choice Award for Best French Cuisine.
There are also three fine dining restaurants located in the MGM Grand – Shrine, CraftSteak, and Alta Strada. Shrine offers various types of Pan-Asian cuisine, CraftSteak is a Brazillian SteakHouse, and Alta Strada serves all types of Italian cuisine.
And finally, there are several casual-style restaurants, including Hard Rock Café, Fuddruckers, California Pizza Kitchen, and Panera Bread.
There is also the Festival Buffet, which serves all-you-can-eat breakfast, lunch, and dinner. The Festival Buffet offers all types of cuisine and serves crab legs and steak during the weekenddinner buffet. Prices for the buffet are $11.99 for breakfast, $17.99 for lunch, and $19.99 for dinner during the week with a $21.99 dinner Friday through Sunday. Children under 5 arefree and Players Club members get $1 off.
As with most things at Foxwoods, there is certainly no shortage of entertainment. The resort has seven nightclubs/bars, two entertainment venues featuring various acts throughout the year, andComix, a comedy club. Nightlife hotspots include Atrium, Center Bar, Halo Bar, Paragon, Scorpion Bar, and Shrine. Many of these places are restaurants by day, but at night transform into uniqueclubs with music, drinks, and more.
For more family-oriented fun, the Tree House arcade has hundreds of the newest arcade games as well as air hockey, pinball, driving simulators, and more. Also, be sure to check out the HighRollers Luxury Lanes and Lounge. This 35,000 square-foot facility is no ordinary bowling alley. With 20 lanes, 6 VIP lanes, billiard tables, full-service bars, and foodservice, thisretro-chic haven offers a very unique bowling experience.
If you’re looking to experience the great outdoors, follow the fox prints from the Great Cedar Casino Lobby and you will find the Pequot Trails. These trails go throughout the woods surroundingFoxwoods and offer stunning views and amazing sights.
Foxwoods has a total of five casinos as well as one in the MGM Grand, making up a total of 340,000 square feet of gaming. The MGM Grand has over 1,100 slot machines as well as table games,including blackjack, roulette, craps, Spanish 21, three card poker, mini-baccarat, Texas Hold’em, and crazy four poker.
Table games offered in Foxwoods include blackjack, craps, baccarat, roulette, Caribbean stud poker, casino war, let it ride, money wheel, pai gow poker, pai gow tiles, mini and midi baccarat, sic bo, Spanish 21,Texas Hold’Em Poker and three-card poker as well as a 97-table WPT World Poker Room. Foxwoods also has over 5,000 slot machines, a racebook, and one of the largestbingo halls in the world.
Be sure to sign up for the Dream Card, Foxwood’s players’ club. This card will allow you to collect points by playing table games and slots, which can later be redeemed for promotions,discounts, food and drinks, and more (card is valid at both the MGM Grand at Foxwoods and Foxwoods Resort Casino). New members can sign up online or at the Players’ Club desk.
Foxwoods Resort Casino is located at 350 Trolley Line Boulevard Mashantucket, CT 06338-3777. Reservations and more information can be found at www.foxwoods.com. Foxwoods also has an application for the iPhone which shows property maps, teaches how to play table games, and more. This app can also bedownloaded for free from the website.
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