Churchill Downs Incorporated (CDI) has entered into a multi-year agreement with FanDuel Group, involving multiple facets of the latter’s sports wagering, advance deposit wagering (ADW) and television businesses.
Through the agreement, CDI will provide certain technology and services to enable FanDuel’s customers to place pari-mutuel wagers on horseracing via FanDuel’s sports wagering and ADW platforms.
Moreover, FanDuel will be provided with non-exclusive Kentucky Derby sponsorship rights within the sports wagering category.
CDI CEO Bill Carstanjen commented: “We look forward to working with FanDuel to deliver premium horseracing content to their expansive base of sports wagering customers.