DraftKings Sign Multi-Year Agreement With Chicago Cubs

DraftKings Inc was named as MLB’s Official Sports Betting and Daily Fantasy Partner to franchise the Chicago Cubs on the terms of a multi-year agreement.

The expanded collaboration includes a proposal to create a “first-of-its-kind” sportsbook at the famous Wrigley Field home in Cubs, with internet access available in the Wrigleyville area surrounding. The proposed DraftKings Sportsbook at Wrigley Field will provide a “best-in – class” entertainment experience for Illinois sports fans.

But although sports betting is now legal in Illinois, the City of Chicago will need approval for building a retail sportsbook.

Co-founder and President, DraftKings North America, Matt Kalish, commented: “This is truly a historic moment, as we are thrilled to align with the renowned Chicago Cubs franchise and iconic Wrigley Field to provide sports bettors in Chicago with a revolutionary sports betting experience.

“As two organizations that share a mutual passion for innovation and a commitment to excellence, we look forward to working in collaboration with the Cubs, an organization steeped in tradition, and making our presence felt in and around Wrigleyville.”

Crane Kenney, President of Business Operations at Chicago Cubs, stated: “DraftKings has been a great partner for a number of years and we are excited to expand this relationship as sports betting grows rapidly in Illinois.

“An increasing number of sports fans want to integrate sports betting into their game experience, and we’re excited to be one of the first to engage in developing a retail sportsbook at a professional sports venue.”