Jun 30, 2024; Milwaukee, Wisconsin, USA; Milwaukee Brewers left fielder Christian Yelich (22) runs the bases after hitting a two run home run in the fourth inning against the Chicago Cubs at American Family Field. Mandatory Credit: Benny Sieu-USA TODAY Sports
- DraftKings today announced a sports betting market access deal in Wisconsin
- DraftKings agreed to a partnership with Lac du Flambeau Band of Lake Superior Chippewa Indians
- The sports betting company will offer retail sports betting in the state beginning Aug. 28.
DraftKings will be launching a new retail sportsbook in Wisconsin this week.
The sports betting giant announced a sports betting market access agreement with the Lac du Flambeau Band of Lake Superior Chippewa Indians, which allows them to open a new retail sportsbook operation at the Lake of the Torches Resort Casino.
Pending licensure and regulatory approvals, the deal will allow DraftKings to being offering retail sports betting at the casino on Wednesday, Aug. 28.
Wisconsin Sports Betting
Wisconsin sports betting is only legal in tribal casinos whose tribes have successfully amended their gaming compacts to allow sports betting.
The Lac du Flambeau Band of Lake Superior Chippewa Indians received notice from the National Register on April 9, 2024, that its gaming compact had been successfully amended to allow for Class III gaming (sports betting) in the state.
“Lake of the Torches is excited to add retail sports betting to our property as a new gaming amenity for our valued guests to enjoy,” said Bill Guelcher, Chief Executive Officer, Lake of the Torches Resort Casino, in a press release. “Our goal is to implement sports betting operations with a strong brand recognition and extremely high quality product performance, and we’re honored to collaborate with DraftKings as an industry leader.”
Upon launch, customers 21-years-of-age and older will have access to six DraftKings sportsbook kiosks and one over-the-counter window located on the casino floor, adjacent to the property’s sports bar.
It will be DraftKings 28th live U.S. state, in addition to Washington, D.C., and Ontario, Canada.
“DraftKings has established a great relationship with the Lac du Flambeau Band of Lake Superior Chippewa Indians, and we can’t wait to bring the DraftKings Sportsbook brand to Wisconsin,” said Michael Kibort, Vice President of Retail Sportsbooks at DraftKings. “Providing a best-in-class customer experience has always been a top priority for our company and the opportunity to deliver that experience to customers in yet another state is a proud moment for DraftKings.”
Seventh Tribe to Offer Sports Betting
The Lac du Flambeau Band of Lake Superior Chippewa Indians is the seventh tribe to offer retail sports betting in Wisconsin. Online sports betting is not currently legal in the state, but the Oneida tribe utilizes its own online sports betting app to allow customers to place bets while on its tribal property.
DraftKings has made no mention of an app to use on the casino property.
Rob covers all regulatory developments in online gambling. He specializes in US sports betting news along with casino regulation news as one of the most trusted sources in the country.
DraftKings, one of the leading sports betting and daily fantasy sports companies in the United States, has recently announced a partnership with the state of Wisconsin to provide sports betting access to residents. This partnership marks a significant step forward in the expansion of sports betting in the state and will give Wisconsin residents the opportunity to legally place bets on their favorite sports teams and events.
Under the terms of the partnership, DraftKings will work closely with Wisconsin regulators to ensure that its sports betting platform complies with all state laws and regulations. This includes implementing measures to prevent underage gambling and promoting responsible gambling practices. Additionally, DraftKings will be required to pay licensing fees and taxes to the state in order to operate legally within Wisconsin.
For Wisconsin residents, this partnership means that they will now have access to a safe and regulated sports betting platform that offers a wide range of betting options on a variety of sports. Whether they are fans of football, basketball, baseball, or any other sport, they will be able to place bets on their favorite teams and players with ease.
In addition to traditional sports betting, DraftKings also offers daily fantasy sports contests, where players can draft their own teams and compete against others for cash prizes. This adds an extra layer of excitement for sports fans who enjoy the strategy and competition of fantasy sports.
Overall, the partnership between DraftKings and Wisconsin is a positive development for both the company and the state. It provides Wisconsin residents with a safe and legal way to engage in sports betting, while also generating revenue for the state through licensing fees and taxes. As sports betting continues to grow in popularity across the country, partnerships like this one will likely become more common as states look to capitalize on this lucrative industry.
