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Tue, Jan 12, 2021

Wanna Bet??? DRL Reaches Betting Deal With Sports Gaming Operation

DRL Races To Become The First Aerial Sporting Event Upon Which Fans Can Wager

The Drone Racing League (DRL) has announced a deal with DraftKings Inc. to make the sports technology and entertainment company an Official Sports Betting Partner of DRL. Upon completion of this deal, DRL drone races became the first aerial sporting event upon which fans can wager.

Mobile sports betting on DRL drone races is currently legal in Colorado, New Hampshire, New Jersey, Tennessee and West Virginia with regulatory approvals pending in additional states.

"The sky is now the limit for DRL fans to get skin in the game, and we're thrilled to partner with DraftKings to transform our high-speed race competition into the ultimate sport to bet on," said DRL President Rachel Jacobson.

"The opportunity for us to elevate our engagement through all forms of gaming and gambling will only increase as mobile betting becomes more adopted across the country."

Consumer research indicates drone racing fans are three times more likely to place a bet than fans of major sports leagues and 90 percent more likely to be interested in sports betting than the average global sports fan.

After initially introducing DRL drone races to customers as a free-to-play pool during the 2020 season, DraftKings saw over 30 percent more entries in its first week than the average for new sports, totaling over 150,000 entries to date.

"DRL is scaling their business as fast as their drone races, and we're excited to be flying with them given DRL's thrilling, innovative racing events are perfect for the customized wagering offerings we can create," said Ezra Kucharz, Chief Business Officer, DraftKings.

FMI: www.drl.io, www.draftkings.com, www.facebook.com/thedroneracingleague

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