Growth in Iowa's Sports Betting Market and Maine's Revenue Trends for Fiscal Year 2024
October 30, 2019 Alex Hoffmann
The residents of Iowa have gained access to DFS products for the first time by ing a legislation that allows operators to offer fantasy contests within its territory. Among the first providers of these accelerated sports betting variants is DraftKings, an American service with headquarters in Boston, MA.
Following the announcement on October 25th, that allows customers in the Hawkeye State to millions of s already using the app, Iowans are free to experience the company’s broad selection of DFS products, covering contests across 13 sports such as NFL, MLB, NBA, NHL, NASCAR and more.
After the launch of DraftKings’ platform on the territory, sports fans in Iowa will more than 40 other states across the country, already competing in various contests online or by ing the app.
The provider also offers services outside the US in eight different countries, confirming its global reach and reputation as one of the leading sports, technology and entertainment giants.
Matt Kalish, chief revenue officer and co-founder at DraftKings recently commented:
“In time for the Week 8 games of NFL season and NBA tipoff, DraftKings is thrilled to show The Hawkeye State why we have been able to establish ourselves as a premier destination for sports fans who want skin in the game. We are excited to offer Iowans our daily fantasy products, featuring the largest prize pools you’ll find anywhere in the world.”
As part of the launch within its territory’s borders, Iowans will not only gain access to various daily fantasy sports products but multiple innovations the provider has recently introduced to its customers.
Apart from taking the advantage of industry changing upgrades in of betting on DFS, players will enjoy an optimized customer experience at all skill levels.
To explain, the fantasy sports provider has established the Fair Play Commitment Initiative, ensuring a level playing field by interdicting top-earning participants and pros to enter casual or novice contests.
Furthermore, it has created Leagues, allowing players to start a fully-customizable, private contest with their friends or teammates. As a reminder, the National Football League (NFL) recently signed a landmark deal with the provider.
Finally, by launching new and improving favorite game variants, the Boston-based daily fantasy sports content provider has enabled players to partake in:
Showdown has become extremely popular among fans of the Super Bowl, as it enables In-Game Showdown that lets players construct their own lineups. Classic is also favorable among fans during regular season games.
Following the providers expansion to New Jersey and West Virginia, DraftKings launched an online sportsbook in Indiana on October 3rd.
Source:
“DraftKings Brings Daily Fantasy to Iowa for The First Time”, draftkings.com, October 25, 2019.
Wasn’t expecting this state to so soon, but I guess it’s a momentum matter now.