FanDuel Sportsbook Coming to Downtown Las Vegas
— FanDuel Sportsbook Part of Boyd’s $50 Million Expansion of Fremont Casino —
Following today’s final approval by the Nevada Gaming Commission, FanDuel Group and Boyd Gaming (NYSE:BYD) today announced plans to open a FanDuel Sportsbook at the Fremont Hotel & Casino in Las Vegas early next year – the first FanDuel-branded Sportsbook in the state of Nevada.
FanDuel Group’s subsidiary, Betfair Interactive US LLC, received approval from the Nevada Gaming Commission for an operator of information service license and a manufacturer/distributor license. Betfair Interactive also received a recommendation of approval from the Nevada Gaming Control Board on August 10.
The FanDuel Sportsbook at Fremont Casino will be conveniently located off the Third Street entrance, near the Filament Bar. Stretching over 2,300 square feet, the sportsbook will serve as a one-stop-shop for fans to enjoy sporting events while placing wagers on the action. The sportsbook will be open year-round and feature four betting windows, two LED video walls (16’x9’), a 40-foot bar, 16 tables, two drink rails, seating for 76 customers, 14 odds/promo screens and seven IGT PlaySports self-service betting kiosks.
The FanDuel Sportsbook at Fremont Casino will be part of Boyd’s ongoing $50 million expansion of the Fremont, which will significantly enhance the property’s gaming and dining amenities upon its completion early next year.
FanDuel has entered into a co-branding arrangement with Boyd Gaming for the sportsbook and will provide lines/odds information for Boyd Gaming to use in setting the lines/odds at the sportsbook. In accordance with Nevada law and regulations, Boyd Gaming will hold the sportsbook license and will operate and manage the FanDuel Sportsbook at Fremont. FanDuel and Boyd Gaming will share gaming revenue as part of the arrangement.
With the opening of the Fremont sportsbook, the Boyd-FanDuel partnership will expand to eight states, joining FanDuel Sportsbooks at Boyd properties in Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi and Pennsylvania.
Nevada will be the 17th state to feature a FanDuel Sportsbook location joining Arizona, Connecticut, Illinois, Indiana, Iowa, Louisiana, Maryland, Michigan, Mississippi, New Jersey, Kansas, New York, Pennsylvania, Washington, Washington DC and West Virginia.
FanDuel’s Commitment to Responsible Gaming
As the #1 mobile gaming operator, FanDuel believes it is critical to lead from the front on responsible gaming (RG). Every employee maintains a commitment to protecting our customers as we build an iconic sports brand that people trust. We have built an industry leading RG approach, including a more than 100-person team of full-time Compliance and RG professionals focused on strengthening our product across technology, marketing, product development and data/analytics. Finally, all FanDuel mobile products have in-app tools that allow customers to set time, deposit and wager limits. Our Play Well website offers customers a central location to find support services, information on our RG tools and more details on our beliefs and approach to RG.
About FanDuel Group
FanDuel Group is an innovative sports-tech entertainment company that is changing the way consumers engage with their favorite sports, teams, and leagues. The premier gaming destination in the United States, FanDuel Group consists of a portfolio of leading brands across gaming, sports betting, daily fantasy sports, advance-deposit wagering, and TV/media. FanDuel Group has a presence across all 50 states with approximately 17 million customers. The company is based in New York with offices in California, New Jersey, Florida, Oregon, Georgia and Scotland. FanDuel Group is a subsidiary of Flutter Entertainment plc, the world’s largest sports betting and gaming operator with a portfolio of globally recognized brands and a constituent of the FTSE 100 index of the London Stock Exchange.
About Boyd Gaming
Founded in 1975, Boyd Gaming Corporation (NYSE:BYD) is a leading geographically diversified operator of 28 gaming entertainment properties in 10 states, and manager of a tribal casino in northern California. The Company is also a strategic partner and 5% equity owner of FanDuel Group, the nation’s leading sports-betting operator. With one of the most experienced leadership teams in the casino industry, Boyd Gaming prides itself on offering its guests an outstanding entertainment experience, delivered with unwavering attention to customer service. Through a long-standing company philosophy called Caring the Boyd Way, Boyd Gaming is committed to advancing Environmental, Social and Corporate Governance (ESG) initiatives that positively impact the Company’s stakeholders and communities. For additional Company information and press releases, visit https://investors.boydgaming.com
