FanDuel and Twin River Casino Holdings have agreed to a market access partnership which would see the FanDuel sportsbook app launched in Colorado when legal sports betting becomes available in the state.
Colorado will be the fifth state in which the FanDuel online and mobile sportsbook will be available.
However, the operator will not launch a retail product in the state. Twin River revealed today that FanDuel’s rival DraftKings will launch a retail sportsbook at the Twin River Mardi Gras Casino in Black Hawk, Colorado, as well as an online product.
Matt King, chief executive of FanDuel Group, said Twin River’s experience and Colorado’s betting framework made the deal an ideal one for his company.
“Twin River has been engaged in sports betting since the beginning in Rhode Island and Mississippi, and they are an ideal partner as we continue to enter states that open up online and mobile sports betting,” King said.
“Colorado has a sensible framework for sports betting, and we are excited to partner with a renowned gaming company like Twin River to bring our market-leading online sports betting experience to Colorado sports fans.
Sports betting in Colorado was legalized by referendum in November 2019 and will be available in May 2020.
FanDuel also last week launched an casino product – in partnership with Valley Forge Casino Resort and Boyd Gaming – in Pennsylvania, through the FanDuel Sportsbook app.
Pennsylvania is the first state in which the operator has rolled out a branded casino offering. However, it also offers online casino games in New Jersey under the Betfair Casino brand, another owned by its parent company Flutter Entertainment.