Twin River Bringing DraftKings, FanDuel Sportsbooks To Colorado

Written By Derek Helling on 02/05/2020Last Updated on April 15, 2020
Twin River Sportsbook Deals Bringing DraftKings, FanDuel To Colorado

Twin River casino discounts ensure that the Centennial State is the residence of the two most renowned online sports betting companies.

Despite breaking off its ties with DraftKings and FanDuel, the business, which operates three games in Colorado, still has a significant amount of work ahead.

information on Colorado’s Twin River casino bargains

DraftKings and FanDuel’s venture into Colorado marks a significant milestone for both companies and Twin River, as it signifies the first collaboration between Twin River and either of these renowned brands. While Twin River operates legal sportsbooks in three other states, it has exclusively partnered with William Hill in those regions.

DraftKings will provide both an online and physical casino at one of Twin River & , Colorado casinos, while FanDuel will solely focus on its website component in the Centennial State.

The partnership for Twin River’s third location remains uncertain at the moment, with potential options including PointsBet and SBK Sportsbook.

It is certain that DraftKings and FanDuel virtual casinos will be operational in Colorado. Nevertheless, the exact date when residents and visitors of the state can access these platforms remains uncertain.

Based on the swift speed of this announcement, it implies that it will happen sooner rather than later. It is worth noting that license applications were just recently sent out in Colorado.

How this package manages to keep up with Colorado’s stifling pace

The business in the Centennial State appears to be making a remarkable effort to swiftly shift from legalization to execution. The Colorado Limited Gaming Control Commission plays a crucial part in this process.

Approval of license applications by the CLGCC is anticipated to commence next month, allowing ample time for all parties involved to prepare for the inaugural day of legalized sports betting in Colorado.

With the approval of voters in November, the law is currently under a moratorium until May 1, 2020, giving a three-month window for preparation before a potential launch on that day.

DraftKings and FanDuel’s participation in the May 1 launch is uncertain. Currently, there is no assurance that any online or retail books will commence accepting wagers on that specific date.

Having these offers in place greatly enhances the potential for all three functions. The condition also seems to be eager to witness this outcome.

Why is it better for the position and the casinos to act sooner?

The process is fairly simple – the sooner the sportsbooks open, the higher the possibility of generating more tax revenue for its coffers.

In light of this, the primary objective of the CLGCC is to ensure the maximum number of license holders are launched on May 1st. A representative commented on this issue, stating:

The Division of Gaming is currently making preparations to ensure that all eligible applicants who have applied for a temporary license have one in place and can commence operations, if they are ready, on May 1st.

The casinos and casino operators are accountable for both the payment and the preparation work. Now that this agreement is in place, DraftKings, FanDuel, and Twin River, it is your responsibility to commence on these tasks.

Although they may not remain the only ones, these three enterprises seem to be leading the pack in Colorado’s industry. If they can replicate the success they’ve achieved in other states, May 1 could be the beginning of a remarkable journey in the Centennial State.