DraftKings Publicizes Sponsorship of Gaming Innovation Studio at College of

BOSTON and LAS VEGAS, Oct. 28, 2020 (GLOBE NEWSWIRE) — DraftKings Inc. (Nasdaq: DKNG) right now introduced a multi-year settlement to turn into a main sponsor of the Heart for Gaming Innovation, housed inside the Worldwide Gaming Institute (IGI) on the College of Nevada, Las Vegas (UNLV). The settlement contains the opening of the brand new DraftKings Gaming Innovation Studio at UNLV and supplies DraftKings with entry to native expertise, whereas furthering the corporate’s ties to the Las Vegas neighborhood.

“We’re excited to be working with the College of Nevada, Las Vegas and its extremely regarded Worldwide Gaming Institute to additional innovate international on-line gaming,” mentioned Paul Liberman, DraftKings co-founder and President, World Know-how and Product. “Each DraftKings and UNLV are on the forefront of growing the subsequent wave of know-how inside the worldwide gaming business. By way of this settlement, DraftKings not solely has entry to the newest concepts popping out of the Gaming Innovation Studio, but it surely additionally permits us to deepen our relationship with the Las Vegas neighborhood.”

In January 2020, DraftKings formally introduced the opening of a 300-person workplace in Las Vegas, offering the Firm entry to a number of the gaming business’s prime expertise. The settlement with UNLV will create a pipeline to native expertise and to improvements created at UNLV, which has a long-standing observe report of success in commercializing gaming merchandise, starting from new video games and software program to Accountable Gaming applied sciences. Guests to UNLV can count on to see new DraftKings Gaming Innovation Studio signage, in addition to DraftKings branding, all through the Stan Fulton Constructing.

“The creation of the DraftKings Gaming Innovation Studio at UNLV will considerably increase the scope and output of UNLV’s gaming innovation program and can present college students the chance to collaborate in knowledgeable setting, turning artistic concepts into viable on line casino video games,” mentioned Daniel Sahl, Director of IGI’s Heart for Gaming Innovation. “Now greater than ever, we’re delighted to collaborate with an organization that’s well-known for embracing innovation in gaming. This collaboration will assist be sure that Nevada stays the worldwide chief in gaming improvement and manufacturing – each now and sooner or later.”

About DraftKings

DraftKings Inc. (Nasdaq: DKNG) is a digital sports activities leisure and gaming firm created to gasoline the aggressive spirits of sports activities followers with merchandise that vary throughout every day fantasy, regulated gaming and digital media. Headquartered in Boston, and launched in 2012 by Jason Robins, Matt Kalish and Paul Liberman, DraftKings is the one U.S.-based vertically built-in sports activities betting operator. DraftKings is a multi-channel supplier of sports activities betting and gaming applied sciences, powering sports activities and gaming leisure for 50+ operators throughout greater than 15 regulated U.S. and international markets, together with Arkansas and Oregon within the U.S. DraftKings’ Sportsbook provides cellular and retail betting for main U.S. and worldwide sports activities and operates in the USA pursuant to laws in Colorado, Illinois, Indiana, Iowa, Mississippi, New Hampshire, New Jersey, New York, Pennsylvania and West Virginia. DraftKings’ every day fantasy sports activities product is obtainable in 8 international locations internationally with 15 distinct sports activities classes. DraftKings is the official every day fantasy accomplice of the NFL, MLB and the PGA TOUR in addition to a certified gaming operator of the NBA and MLB and an official betting operator of the PGA TOUR.

About College of Nevada, Las Vegas Worldwide Gaming Institute

For greater than 25 years, UNLV Worldwide Gaming Institute (IGI) has supplied research-based options, cutting-edge insights, and government training to the gaming business. Described because the “international mental capital of gaming” by former Nevada Governor Brian Sandoval and “The Harvard of Gaming” by World Gaming Enterprise, IGI homes a number of excellence initiatives, together with the Heart for Gaming Innovation, the Worldwide Heart for Gaming Regulation, the Increasing the Leaderverse initiative, and the Hospitality & Esports Innovation Lab. Every of those addresses an important want within the international gaming business, for which the IGI serves as a solution middle populated by an internationally acknowledged dream crew of contributors. For extra info, please go to igi.unlv.edu.

Ahead-Trying Statements

Sure statements made on this launch are “ahead trying statements” inside the which means of the “secure harbor” provisions of the USA Non-public Securities Litigation Reform Act of 1995. When used on this press launch, the phrases “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “might,” “will,” “ought to,” “future,” “suggest” and variations of those phrases or comparable expressions (or the unfavorable variations of such phrases or expressions) are meant to determine forward-looking statements. These forward-looking statements will not be ensures of future efficiency, circumstances or outcomes, and contain numerous recognized and unknown dangers, uncertainties, assumptions and different necessary components, lots of that are outdoors DraftKings’ management, that would trigger precise outcomes or outcomes to vary materially from these mentioned within the forward-looking statements. For a dialogue of extra dangers and uncertainties, which may trigger precise outcomes to vary from these contained within the forward-looking statements, see DraftKings’ Securities and Trade Fee filings. DraftKings doesn’t undertake any obligation to replace or revise any forward-looking statements, whether or not because of new info, future occasions or in any other case, besides as required by regulation.

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