DraftKings Sportsbook launched its mobile app in West Virginia on Aug 28, 2019. The company has a licensing agreement to operate in the state with Penn National Gaming. To bet with DraftKings Sportsbook in WV, you must be at least 21 years of age, have a valid United States Social Security Number and physically be located within the state. DraftKings Sportsbook users can wager on the vast majority of teams, sports and events. However, some state betting regulations prohibit wagering on certain sports or athletic events. New Jersey and New Hampshire, for example, do not allow betting on collegiate sports teams from within their jurisdictions.

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Arrival of Top-Rated Digital Sportsbook in Old Dominion Marks Company’s Twelfth State Launch

BOSTON—Jan. 24, 2021—DraftKings Inc. (Nasdaq: DKNG) today announced the launch of DraftKings Sportsbook in Virginia, marking the 12^th state in which the top rated mobile and online sportsbook is available. Customers in Virginia will now be able to place bets on a number of markets across professional and collegiate sports using the DraftKings made-in-America digital sportsbook app.

“Just in time for Super Bowl LV, we are thrilled to bring the DraftKings sports betting experience to Virginia with an abundance of betting options for fans,” said Jason Robins, co-founder and CEO, DraftKings. “With our customer-first approach, we hope to be the sportsbook of choice for Virginians who enjoy having skin in the game.”

Ahead of Super Bowl LV, DraftKings is offering all customers a Double Your Money opportunity on any team to score a touchdown. Beyond Super Bowl LV, the cutting-edge mobile technology of DraftKings Sportsbook will provide sports bettors in the Commonwealth of Virginia the opportunity to bet on more than 250 unique leagues including popular professional sports: baseball, football, golf, hockey, boxing, soccer, tennis, motorsports and basketball. Collegiate sports are also available, with the exception of in-state college teams and college prop bets. DraftKings Sportsbook technology keeps consumer information safe and secure and provides built-in responsible gaming measures like time and deposit limits.

A consumer research study by DraftKings indicated that Virginia sports fans are most likely to bet on the NFL, followed by the NBA and college football. That same study found the Washington Football Team and the Dallas Cowboys are the two most favored NFL teams in Virginia, while the LA Lakers, Chicago Bulls, and Washington Wizards are the most popular NBA teams. Prior to Sunday’s NFL Conference Championship games, DraftKings is offering all customers an additional Double Your Money opportunity by betting on any of the four teams playing to score a touchdown.

DraftKings’ sportsbook and daily fantasy products are available via iOS and Android here.

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About DraftKings

DraftKings Inc. (Nasdaq: DKNG) is a digital sports entertainment and gaming company created to fuel the competitive spirit of sports fans with products that range across daily fantasy, regulated gaming and digital media. Headquartered in Boston, and launched in 2012 by Jason Robins, Matt Kalish and Paul Liberman, DraftKings is the only U.S.-based vertically integrated sports betting operator. DraftKings is a multi-channel provider of sports betting and gaming technologies, powering sports and gaming entertainment for 50+ operators in 17 countries. DraftKings’ Sportsbook is live with mobile and/or retail betting operations in the United States pursuant to regulations in Colorado, Illinois, Indiana, Iowa, Michigan, Mississippi, New Hampshire, New Jersey, New York, Oregon, Pennsylvania, Tennessee, Virginia and West Virginia. DraftKings’ daily fantasy sports product is available in 8 countries internationally with 15 distinct sports categories. DraftKings is the official daily fantasy partner of the NFL, MLB, NASCAR and the PGA TOUR as well as an authorized gaming operator of the NBA and MLB and an official betting operator of the PGA TOUR.

FORWARD-LOOKING STATEMENTS

Certain statements made in this release are “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside DraftKings’ control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see DraftKings’ Securities and Exchange Commission filings. DraftKings does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Media Contact:
media@draftkings.com

DraftKings is well-known to sports bettors in the United States due to its domination of the one-day fantasy sports market. Now, the company has leveraged its popularity and reputation with forays into the newly legalized sports betting market of New Jersey and more recently here in West Virginia.

DraftKings WV bonus codes & promotions

The new sportsbook in West Virginia has followed its predecessor in New Jersey by offering a first bet match up to $200 to new players. By joining DraftKings through our site, you also qualify for a 20% deposit bonus up to $500, plus a $25 no deposit offer.

Players who are awarded free bets will need to use them within 30 days of placing their first bet.

The wager amount will not be included in the payout if the wager wins. It is also non-refundable, non-transferable, and not redeemable for cash.

Betting markets

Visitors to the West Virginia sportsbook can find all of the sports that are popular in the United States.

This means that wagering is available on the NFL, NBA, MLB, NHL, college football and basketball, golf, tennis, soccer, motorsports, and combat sports.

Draftkings Wv Sportsbook

Other sports are currently not on offer, though. While that is sure to disappoint some players, others may appreciate the simplified and less cluttered interface. DraftKings seems to be focused on appealing to novice sports bettors by featuring clear language, such as “Who will win?” instead of “Moneyline.”

Players can find the most popular wagers on all available sports, including moneyline, spread, and totals.

Prop bets and futures wagering are also available, as is in-play wagering. However, multi-bet options are relatively limited.

While parlays are included, the site does not offer teasers. Teasers are a popular option for punters who wager on American football and basketball. They allow players to purchase an equal number of points on multiple events.

In addition, the new sportsbook features a live ticker system, which allows players to cash out their bets early. Players receive less than the payout for an outright win, but they are also able to lock in profits early rather than risk waiting for the final result.

Finally, players are able to place wagers with as little as a dime, which is well below the minimums offered by most existing sportsbooks.

Loyalty program

The new site follows its New Jersey counterpart’s lead in allowing players to accumulate Frequent Player Points (FPPs). The points are awarded at a one-point-to-one-dollar ratio, and players are able to exchange them for free bets.

The site also offers daily missions that award experience badges and loyalty points, such as granting players 100 points for placing their first bet of $3 or more.

Additional promotions and bonuses are made available through e-mails and push notifications.

Deposit and withdrawal methods

Deposit and withdrawal methods available on the DraftKings site includes BetCash, PayPal, Visa, Mastercard, PayNearMe, and BetCash, which transfers money from bank accounts. In other words, plenty of deposit and withdrawal options are available for West Virginian sports bettors.

Customer support

DraftKings provide customer support through live chat, which is available from 6:00 AM to 11:59 PM Eastern.

Support is also available via an online contact form and email at support@draftkings.com.

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While the site does not offer phone support, it does, however, feature an excellent Frequently Asked Questions section.

Land-based partner and launch date

The new legislation allows each of the five states casinos in the state to partner with up to three individually branded online platforms. The Greenbrier has already announced a partnership with FanDuel, while the Hollywood Casino at Charles Town Races is the partner of DraftKings.

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Overview

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