DraftKings has gone live with its first horse racing betting product, DK Horse. On Wednesday, the company announced that DK Horse is now up and running in a dozen states and it plans to have the app live in more states in advance of the Kentucky Derby on May 6.
The standalone app allows users to engage in pari-mutuel betting for horse races. Live streams will be available for certain races. People can access the DK Horse app in Colorado, Florida, Kentucky, Indiana, Minnesota, Massachusetts, Montana, Virginia, Oregon, West Virginia, Washington, and Wyoming.
TwinSpires powering DK Horse’s advance deposit pari-mutuel wagering technology
Churchill Downs Incorporated (CDI) signed a multi-year deal with DraftKings in November 2022 that sees its subsidiary TwinSpires powering DK Horse’s advance deposit pari-mutuel wagering technology. People cannot currently add funds to their DK Horse account from their sportsbook account.
Speaking about the launch of DK Horse, DraftKings CEO Jason Robins said: “Together with Churchill Downs Incorporated, an industry leader with a deep-rooted history in horse racing, we will deliver an innovative, mobile customer experience.” He believes that the new offering complements its other products.