DraftKings set to launch online sportsbook in Vermont on January 11, 2024
DraftKings, a major player in the North American gambling industry, has announced its plans to introduce its online sportsbook in Vermont on January 11, 2024. With this launch, Vermont will become the 26th state in the US to have access to the DraftKings sportsbook.
This move will solidify DraftKings’ presence in the New England region, as the company already operates in four out of six New England states. As a Boston-based company, DraftKings is eager to further establish its dominance in the area and provide customers with a user-friendly experience and a wide range of betting options.
Customers in Vermont can look forward to Super Bowl offerings, as well as various promotions and exclusive deals when using the DraftKings Sportsbook app, which is available for download on both iOS and Android devices. Additionally, the operator offers a comprehensive selection of safer gambling tools to help users manage their behavior and promote responsible gaming.
Matt Kalish, DraftKings’ president for North America, expressed his excitement about the expansion into Vermont, particularly as the NFL Playoffs approach. He highlighted the opportunity for Vermonters to engage with their favorite sports through the DraftKings platform.
In addition to its expansion efforts, DraftKings emphasized its commitment to supporting the communities in which it operates. The company has a track record of making contributions to local projects and recently donated $25,000 to the Arbor Day Foundation, demonstrating its dedication to environmental causes.
As DraftKings continues to expand its presence, analysts have noted that strong bettor performance could impact the company’s Q4 results. Despite this, experts have reiterated a buy rating for DraftKings and set a price target of $41 as of Friday.