Genius CEO Mark Locke said earlier this week in an earnings call that the company takes about three times as much of a fee for in-play bets as it does with traditional pre-game bets. Those bets happen with more frequency and have higher margins, which are better for both the operators and the data providers. Oher's 'The Blind Side' Pay Claim Disputed by Tuohys in FilingīetVision is aimed at boosting live betting, also called in-play betting, in which gamblers wager on micro-markets like the result of the next drive or the next player to score a touchdown. Genius Sports Revenue Grows 29% as In-Play Betting Shows Promise 4 at Gulfstream Park in Hallandale Beach, Florida, north of Miami.Īfter that, prep races will be held at the Fair Grounds in New Orleans, Oaklawn Park in Hot Springs, Arkansas, and other sites leading up to the Kentucky Derby.DraftKings Adds Prop Bet Function Amid Feud With Fantasy Rivals The next important race in the Derby prep series in the Holly Bull Stakes on Feb. Points accumulated during these races, and in races in Japan and Europe for horses outside the U.S., determine which 3-year-old thoroughbreds can compete in the Kentucky Derby. The other 16 races are called the Kentucky Derby Championship Series, lasting from late February through April. Of these, 21 occur from September through February. The run-up to the Kentucky Derby consists of 37 races. This will be the first year bettors can use the “integrated platform” to wager on the Kentucky Derby. ”Horse racing is a big part of our DNA,” she said.įanDuel noted that bettors can use the platform to stream racing coverage from FanDuel TV.įanDuel TV broadcasts races from Churchill Downs and other U.S. FanDuel CEO Amy Howe called the single-account betting platform “significant.” The company said the effort will allow FanDuel “to introduce a new generation' to horse racing.

The dual-purpose FanDuel Sportsbook app, introduced in December, is available in nine states:įanDuel plans to expand the service into more states this year. The Kentucky Derby is the first leg in the annual Triple Crown, followed by the Preakness Stakes at Pimlico in Baltimore (May 20) and the Belmont Stakes at Belmont Park just east of New York City (June 11).

These prep races determine the 20-horse field that will compete in this year’s derby on May 6 at Churchill Downs in Louisville. This means bettors can use it in some states to wager on the popular 2023 Road to the Kentucky Derby series of thoroughbred races.

The new combined FanDuel Sportsbook App app became available late last year.

Fanduel sportsbook and horse racing