The innovative sports-tech entertainment company, FanDuel inked a multi-year partnership with the Washington Football Team. With the help of the partnership, the company was the first operator to launch its services in the newly legalized market in Virginia.
FanDuel Inks First-Ever Market Access Partnership with NFL League Team
FanDuel was the first operator to launch its betting services in Virginia last week. The company’s jumpstart ahead of all other applicants was completed thanks to a clever partnership with the Washington Football Team. This was, in fact, a first-ever market access partnership between a National Football League team and a sports betting platform in the U.S.
As a result of the launch of legal sports betting, Virginia became the 9th state where the industry-leader FanDuel has launched its services. Consequently, FanDuel’s sports betting app is available for download on both Android and iOS devices.
ICYMI: We launched legal mobile sports betting in Virginia last week! @FDSportsbook
Our multi-year partnership with @WashingtonNFL is the first-ever market access partnership between an NFL team and an online sports gaming 7BALL platform in the U.S.
Details: https://t.co/5Mxs3zqEnU pic.twitter.com/zOYEUUJUgo
— FanDuel (@FanDuel) January 25, 2021
Under the sports wagering laws in Virginia, the Washington Football Team received a reference for mobile sports betting permit after meeting specific criteria set for sports franchises in the state. FanDuel and the team jointly hold the permit after the Washington Football Team named the sportsbook as its operational partner.
The fully integrated partnership between FanDuel and Washington Football extends beyond sports betting. Under the multi-year agreement, the company became an official daily fantasy partner of the team. Furthermore, the sportsbook will also benefit from in-stadium signage at Fedex Field and offer unique experiences for sports fans on game days.
Celebrating the Launch, FanDuel Offers Special Promotion
Following the launch of FanDuel’s sportsbook, dubbed “America’s #1 Sportsbook“, sports fans can place bets from anywhere in the state on professional football, golf, baseball, MMA, tennis, and more sports. Furthermore, FanDuel’s app offers multiple betting and payment options.
Celebrating the launch, FanDuel announced a special promotion offering a special risk-free first bet up to $1,000, available for Virginia customers. Any player that doesn’t win their first bet is receiving a refund on their wager as site credit up to $1,000. Furthermore, FanDuel is also offering a special Refer a Friend program that grants both people involved with a $50 site credit.
The Company Is Honored to Partner with the Washington Football Team
Matt King, CEO of FanDuel Group said in a statement that the company is excited to bring America’s #1 Sportsbook to residents and visitors in Virginia. Furthermore, he said that FanDuel is honored to partner with the iconic sports franchise. In conclusion, Mr. King stressed that FanDuel plans to deliver “the most fan-focused, and secure, mobile sports betting experience to the passionate sports fans of Virginia“.
“We are excited to bring America’s #1 Sportsbook to residents and visitors to the Commonwealth of Virginia.”
Matt King, CEO of FanDuel Group
Scott Shepherd, senior vice president of corporate partnerships and hospitality for the Washington Football Team, said that choosing FanDuel was a “natural fit”. He added that the team knew that FanDuel would be able to establish “a best in class sports betting marketplace, grounded by innovation and consumer protection“. In conclusion, Shepherd said that the team is excited for all of the experiences which this groundbreaking partnership will bring for sports fans in Virginia.
