“Together with Churchill Downs Incorporated, an industry leader with a deep-rooted history in horse racing, we will deliver an innovative, mobile customer experience,” said Jason Robins, CEO and Chairman of the Board of DraftKings. It operates under a multi-jurisdictional simulcasting and interactive wagering totalizator hub license. DK Horse LLC is officially an affiliate of Churchill Downs Technology Initiatives Company (“CDTIC”) a platform that is licensed and regulated by the Oregon Racing Commission. The applkication, available on both Android and iOS stores, is a standalone app from the main DraftKings app. The launch has come about following the November 2022 announcement of a multi-year agreement between DraftKings and Churchill Downs Incorporated, pursuant to which TwinSpires (a subsidiary of Churchill Downs Incorporated) agreed to power the advance deposit pari-mutuel wagering technology for DraftKings. The initial announcement touted a 21 state launch, but nine did not pass for launch. The company aims to expand into many additional states before the highlight of the US horse racing season, the Kentucky Derby, which takes place on Saturday May 6th 2023. DraftKings Inc has announced the launch of its first ever horse racing product, DK Horse, in twelve states.
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