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THE GAME INSIDE THE GAME.


WE BELIEVE LIFE IS MORE FUN WHEN YOU HAVE SKIN IN THE GAME


Monthly Archives: February 2019

DraftKings Delivers Knockout Gaming Experience in Collaboration with SHOWTIME Sports®

First-Ever Boxing Game for the Expanding Sports Entertainment Platform, Exclusive to SHOWTIME Sports, Debuts for SHOWTIME CHAMPIONSHIP BOXING® Event

BOSTON (February 28, 2019) – DraftKings Inc. and SHOWTIME Sports today announced a collaboration that will combine forces to immerse boxing fans in the sport they love through a custom Pick ‘Em style game exclusive to SHOWTIME Sports that debuts with this Saturday’s SHOWTIME CHAMPIONSHIP BOXING event on March 2nd.

This new Pick ‘Em style game asks players to choose the winner of each televised fight, determine the method of victory and predict when the bout will end for all SHOWTIME boxing events including SHOWTIME CHAMPIONSHIP BOXING®, ShoBox: The New Generation®, SHOWTIME Boxing: Special Edition and SHOWTIME PPV®. Players will be awarded points based on the number of correct predictions in each boxing match. Prizing for individual fight cards includes $5,000 in winnings with each of the top-five finalists receiving a SHOWTIME Boxing prize pack. Additionally, the overall 2019 Pick ‘Em winner will be awarded a free trip to every 2020 SHOWTIME CHAMPIONSHIP BOXING® event.

To view and play the DraftKings and SHOWTIME Sports Pick ‘Em game please visit www.draftkings.com/showtime

“Our alignment with SHOWTIME Sports is another prime example of our endless efforts to innovate and satisfy our customers with the most comprehensive sports offerings possible,” said Ezra Kucharz, Chief Business Officer at DraftKings. “Boxing draws edge-of-the-seat fans with incredible passion and engagement with the sport, and this collaboration will further our ability to best connect with our burgeoning player community.”

“This unique collaboration with DraftKings delivers an entertaining companion experience for viewers and provides a year-long connection to all SHOWTIME boxing events,” said Stephen Espinoza, President Sports & Event Programming, Showtime Networks Inc.  “We’re excited to align with a leading sports-tech entertainment brand in the U.S. as SHOWTIME Sports continues to deliver fresh and innovative ways for fans to enjoy the best that boxing has to offer.” 

Boxing is among the most storied and popular sports in the world with a passionate fan base, both domestically and internationally. Viewership trends for televised combat sports spectacles have been consistently impressive in recent years, with boxing accounting for the top selling pay-per-view television events in history. To serve this large and growing fanbase, DraftKings and SHOWTIME Sports are reshaping the fan sports entertainment experience through a creative collaboration, which will include custom fantasy games and other gaming innovations.

This Saturday’s SHOWTIME CHAMPIONSHIP BOXING event will be the first opportunity for fans to play this Pick ‘Em style game. Saturday’s three-fight telecast is headlined by former world champion Erislandy Lara challenging undefeated WBA Super Welterweight Champion Brian Castaño plus the return of heavyweight contender Luis Ortiz.

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About DraftKings

DraftKings is a global sports technology and entertainment company that believes life is more fun with skin in the game. Its mission is to bring fans closer to the games they love via a unique combination of daily fantasy sports, sports betting and media platforms that, combined, deliver “The Game Inside The Game.” Founded in 2012 by Matt Kalish, Paul Liberman and Jason Robins, DraftKings is headquartered in Boston, MA, and offers daily fantasy sports contests across 11 professional sports in 8 countries including the U.S., Canada, U.K and Australia. Operating pursuant to state regulations in New Jersey and Mississippi, DraftKings Sportsbook mobile and retail, allows players in the state to engage in betting for major U.S. and international sports.

About SHOWTIME Sports

Showtime Networks Inc. (SNI), a wholly owned subsidiary of CBS Corporation, owns and operates the premium television networks SHOWTIME®, THE MOVIE CHANNEL™ and FLIX®, and also offers SHOWTIME ON DEMAND®, THE MOVIE CHANNEL™ ON DEMAND and FLIX ON DEMAND®, and the network’s authentication service SHOWTIME ANYTIME®. Showtime Digital Inc., a wholly owned subsidiary of SNI, operates the stand-alone streaming service SHOWTIME®. SHOWTIME is currently available to subscribers via cable, DBS, and telco providers, and as a stand-alone streaming service through Amazon, Apple®, Google, LG Smart TVs, Oculus Go, Roku®, Samsung Smart TVs and Xbox One. Consumers can also subscribe to SHOWTIME via Amazon’s Prime Video Channels, DirecTV Now, FuboTV, Hulu, Sling TV, Sony PlayStation™ Vue, and YouTube TV. Viewers can also watch on computers at Showtime.com. SNI also manages Smithsonian Networks™, a joint venture between SNI and the Smithsonian Institution, which offers Smithsonian Channel™ and Smithsonian Channel Plus™. SNI markets and distributes sports and entertainment events for exhibition to subscribers on a pay-per-view basis through SHOWTIME PPV. For more information, go to www.SHO.com.

Media Contacts: DraftKings

media@draftkings.com

SHOWTIME Sports
Matt Donovan

Matt.Donovan@Showtime.net

CAESARS ENTERTAINMENT ENTERS INTO MULTI-STATE AGREEMENT WITH DRAFTKINGS

Multi-Year Deal Includes Online Gaming Market Access, Events and New Revenue Streams

LAS VEGAS, BOSTON, February 25, 2019 – Caesars Entertainment Corporation (NASDAQ: CZR), the world’s most diversified casino-entertainment company, and DraftKings, the leading sports-tech entertainment brand in the U.S., have reached an agreement under which Caesars will offer DraftKings market access for its online gaming products, subject to passage of applicable laws and the parties securing applicable gaming licenses. DraftKings’ market access is exclusive to Caesars across certain states in which Caesars operates casino properties.

“Caesars’ agreement with DraftKings, their first multi-state partnership, brings together the established leaders in gaming, daily fantasy sports and sports betting to provide customers more options,” said Mark Frissora, President and CEO of Caesars Entertainment. “This alliance is the latest initiative by Caesars to capitalize on our database, generate a new revenue stream in a growth market and raise our profile in sports, in part by creating new sports-themed guest experiences at our resorts across the country.”

Since they were first to market in New Jersey with the launch of DraftKings Sportsbook in August of 2018, DraftKings has led the state in mobile sports betting revenue every month. In January 2019 mobile sports betting accounted for nearly 80 percent of the total sports betting revenue in New Jersey. [1] 

“Partnering with such a world class gaming organization will expedite our national roll-out process and give us the opportunity to work alongside one the largest and most established industry leaders in the world,” said Jason Robins, CEO and Co-Founder of DraftKings. “We look forward to collaborating with Caesars Entertainment on creating the most innovative and engaging sports and entertainment products and events for our customers.”

DraftKings will promote Caesars Entertainment as its official casino resort partner in the states where the companies collaborate, and Caesars Entertainment will receive DraftKings equity. Caesars can also continue to offer their own branded sports betting and online casino apps in each of these jurisdictions – and will maintain their own primary access in all states according to regulation under the agreement.

About Caesars Entertainment

Caesars Entertainment is the world’s most diversified casino-entertainment provider and the most geographically diverse U.S. casino-entertainment company.  Since its beginning in Reno, Nevada, in 1937, Caesars Entertainment has grown through development of new resorts, expansions and acquisitions.  Caesars Entertainment’s resorts operate primarily under the Caesars®, Harrah’s® and Horseshoe® brand names.  Caesars Entertainment’s portfolio also includes the Caesars Entertainment UK family of casinos.  Caesars Entertainment is focused on building loyalty and value with its guests through a unique combination of great service, excellent products, unsurpassed distribution, operational excellence and technology leadership.  Caesars Entertainment is committed to environmental sustainability and energy conservation and recognizes the importance of being a responsible steward of the environment.  For more information, please visit www.caesars.com.

About DraftKings

DraftKings is a global sports technology and entertainment company that believes life is more fun with skin in the game. Its mission is to bring fans closer to the games they love via a unique combination of daily fantasy sports, sports betting and media platforms that, combined, deliver “The Game Inside The Game.” Founded in 2012 by Matt Kalish, Paul Liberman and Jason Robins, DraftKings is headquartered in Boston, MA, and offers daily fantasy sports contests across 11 professional sports in 8 countries including the U.S., Canada, U.K and Australia. Operating pursuant to state regulations in New Jersey and Mississippi, DraftKings Sportsbook mobile and retail, allows players in the state to engage in betting for major U.S. and international sports. 

Forward-Looking Statements

This release includes “forward-looking statements” intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. You can identify these statements by the fact that they do not relate strictly to historical or current facts and by the use of words such as “will,” or other variations thereof or comparable terminology. These forward-looking statements are based on current expectations and projections about future events.

You are cautioned that forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties that cannot be predicted or quantified and, consequently, the actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to, growth in the sports gaming industry and our ability to respond to changes in the industry, prevailing economic conditions from time to time, the passage of applicable laws, receipt of any necessary regulatory approvals, and may include other factors described from time to time in Caesars’ reports filed with the Securities and Exchange Commission.

You are cautioned to not place undue reliance on these forward-looking statements, which speak only as of the date of this document. Caesars undertakes no obligation to publicly update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this document or to reflect the occurrence of unanticipated events, except as required by law.

Caesars Media Contact:

Jennifer Forkish      

Caesars Entertainment

jforkish@caesars.com

DraftKings Media Contact:

media@draftkings.com                                                                                                                                     


[1] https://www.nj.gov/oag/ge/docs/Financials/PressRel2019/January2019.pdf