DraftKings Launches DK Horse App

DraftKings Inc. announced that DK Horse, the digital gaming operator’s first-ever horse racing product, has launched in twelve (12) states and expects to launch in additional states by the Kentucky Derby on Saturday, May 6, 2023.

The standalone, DK Horse-branded app allows eligible customers to access pari-mutuel wagering on horse racing. In November 2022, DraftKings and Churchill Downs Incorporated announced a multi-year agreement pursuant to which CDI’s subsidiary, TwinSpires, agreed to power the advance deposit pari-mutuel wagering technology for DK Horse.

“Together with Churchill Downs Incorporated, an industry leader with a deep-rooted history in horse racing, we will deliver an innovative, mobile customer experience. Our goal is to provide our customers with best-in-class-sports and gaming products, and we expect DK Horse to provide a fun and new way to engage with renowned races like the upcoming Run for the Roses,” Jason Robins, CEO and Chairman of the Board of DraftKings, said.

DK Horse customers will be able to wager on some of the most renowned horse races in the US, including Churchill Downs’ premier racing products like the Oaks and Derby. DK Horse will also give customers the ability to handicap races, wager, and stream video of races all within their DK Horse account. Furthermore, DK Horse will offer a betting guide to inform its customers of upcoming races and the various ways to wager.

DK Horse will initially require customers to register and deposit funds into new accounts separately from their “one account, one wallet” tethered to DraftKings Sportsbook, Casino, and daily fantasy sports apps.