DraftKings Signs Sports Betting, Daily Fantasy Partnership Deals with Celtics, Pacers, and Sixers

DraftKings Signs Sports Betting, Daily Fantasy Partnership Deals with Celtics, Pacers, and Sixers.

Costfoto / NurPhoto / Getty Images

Key Takeaways

DraftKings announced earlier this week that it has signed multi-year gaming partnerships with three NBA teams, a move that further strengthens the sports technology and entertainment company s ties to the basketball league.

DraftKings is now an official partner of both the Philadelphia 76ers and the Indiana Pacers after securing agreements with the teams earlier this week. (Image: NBA.com)

The teams involved are the Indiana Pacers, the Philadelphia 76ers, and the Boston Celtics. The partnerships come on the heels of becoming an authorized gaming operator with the league back in November.

The arrangements with the teams are different, as gaming laws in the three states are different as well. However, Ezra Kucharz, DraftKings chief business officer, said in a statement the partnerships are built on a common strategy.

The NBA represents DraftKings’ second-most popular sport, and we are thrilled to offer our fan base a continually unique and authentic sports gaming product,” he said.

DraftKings will have the right to use official team marks and logos as part of the agreement with each team.

Daily Fantasy Partner for Celtics

The partnership with the Celtics dwells only with fantasy sports, as DraftKings becomes the team’s official daily fantasy sports partner. While Massachusetts has yet to legalize sports betting, Boston – one of the NBA’s most legendary franchises – represents an important market, especially since it’s the home of DraftKings’ headquarters,

Rich Gotham, the team’s president, said in a statement that daily fantasy players are among the most highly engaged fans in the league.

The agreement will allow DraftKings to hold a “Play on the Parquet Event,” which is a reference to the famed parquet wood court the team uses for its games.

Pacers, Sixers Partnerships Include Sports Betting Designations

DraftKings will serve as the official daily fantasy sports partner and an official sports betting partner with the Pacers. Indiana represents one of DraftKings most lucrative sports betting markets, as it currently ranks as the top online sportsbook in terms of handle.

The Pacers post-game show will now be sponsored by the company, and DraftKings will be able to offer its customers a chance to attend a VIP fantasy camp and serve as honorary team captains. Other opportunities include the chance to meet former Pacers players and a chance to play a scrimmage game on the team’s practice court.

With the 76ers, DraftKings becomes the team’s official daily fantasy partner and a sportsbook and online casino partner of the franchise. Online casino gaming became legal in Pennsylvania back in July.

While the agreement includes “traditional” marketing and sponsorship opportunities, as well as access to tickets and suites, it also will allow DraftKings to offer special all-access tours of the team’s training facility.

“The 76ers are proud to continue to stand alongside DraftKings as we together create and amplify expanded and differentiated opportunities for fans to engage with our team, dynamic players, and sport,” Sixers President Chris Heck said in a statement.

Back in 2018, the 76ers signed a deal with Caesars Entertainment that was the first such partnership with a gaming company and an NBA team. Last October, the franchise also announced it had secured a to be its “official winning partner.”

Article Sources
New Vegas Show ‘Heist’ Celebrates Italian Contributions to American Culture editorial policy.
  1. Irish Justice Department Gets Behind Gambling Reforms

Compare Accounts
×
GOP Debate at Sheldon Adelson’s Venetian in Las Vegas Tough on National Security as Candidates Flaunt Defense Credentials
Provider
Name
Description
California Sports Betting Backers Amend Proposals  Former Casino Queen Employees Score Legal Win in Director Stock Suit  Former Atlantic Club Workers Swarm Golden Nugget Job Fair  Big Bet Swings Houston Rockets NBA Championship Odds  iProsperity Ponzi Scheme Fraudster Siphoned $8M Through Crown Melbourne  Native American Casinos Win Record $34.6B in 2019 Fiscal Year, But There Will Be No Celebrating  PGA Tour Sets New Schedule, Golf Resumes in Early June at Colonial Country Club  Las Vegas Strip’s First Esports Arena Opens At Luxor  Man Pretending To Be Owner of Las Vegas Casino Scams $1.1M from Cashier  Las Vegas Casinos Continue to Struggle, Push Statewide Gaming Revenue Down 1.8 Percent