FanDuel Group and The Cordish Companies announced a partnership that will place the popular FanDuel Sportsbook in Cordish’s casino properties across the country. This partnership combines the efforts of two established leaders in the casino and sportsbook worlds with The Cordish Companies serving over 55 million visitors a year and FanDuel Group having over 8.5 million users in 45 states.
“This partnership allows us to capitalize on the incredible success of sports betting to date and bring FanDuel’s top sports betting operations to Cordish destinations across the United States,” said Matt King, CEO of the FanDuel Group.
By partnering with FanDuel Group, Cordish Companies can now offer special promotions and unique sports betting opportunities to all of their Live! properties.
The first two installments of this partnership will be at Cordish’s Live Casino & Hotel Philadelphia, which is being built next to the city’s sports complex, and the Live! Casino in Westmoreland County, PA. Philadelphians are already familiar with The Cordish Companies through Xfinity Live!, a dining and entertainment venue located between the stadiums that is a hot spot before, during and after all of the games.
By combining forces with The Cordish Companies, FanDuel Group has secured a second location near a professional sports stadium. Their other location at the Meadowlands Racetrack next to MetLife Stadium put them in an excellent spot to bring in bettors from New York and those their way to game. Having a physical book next to stadiums that house four professional sports team is a big win in a crowded market.
The Cordish Companies and FanDuel Group are now working on acquiring sports betting licenses in states where it is legalized and are well positioned to jump into new markets when they open their doors to the industry.