DraftKings Colorado Retail SportsBook Going Live Friday

DraftKings Colorado Retail SportsBook Going Live Friday
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DraftKings has announced the opening of a temporary retail sportsbook in Colorado at the Mardi Gras Casino in Black Hawk.

Bets can be placed at the DraftKings Sportsbook beginning Friday, according to a news release. The temporary sportsbook will be on the first floor of the casino, which is owned by Twin River Holdings.

RELATED: Check out the top Colorado sportsbooks

It’s a great time to open any sportsbook — retail or online — in the Colorado market. DraftKings was one of the first online sportsbooks to go live in the state on May 1, along with FanDuel, BetMGM and BetRivers. The number of online sportsbooks has doubled since then and two retail sportsbooks have opened after casinos returned in mid-June.

“As our partners at Mardi Gras Casino work to expand their current operations and location, we are thrilled to come together to provide the most exciting, real time gaming opportunities as sports begin to make their return,” Ezra Kucharz, DraftKings’ chief business officer, said in the release. “DraftKings and Mardi Gras Casino are committed to providing a safe, immersive and entertaining gaming environment to ensure sports fans in Colorado have the most enjoyable experience possible.”

The sportsbook at the Mardi Gras will have eight self-service betting kiosks, a cashier window and large flat-screen TVs throughout the temporary space, the release said.

“This partnership with DraftKings allows us to provide an unmatched sports betting experience to Coloradans, not only with their mobile betting access, but also with this exciting DraftKings retail sportsbook location,” said George Papanier, president and chief executive officer of Twin River Worldwide Holdings. “We are looking forward to introducing our guests to the fully renovated space in the coming months and until that time, are glad to be able to give our guests the ability to safely start placing bets as many professional sports begin to resume in the coming weeks.”

DraftKings Has Seven Retail Sportsbooks

The sportsbook at the Mardi Gras will be the seventh DraftKings-branded retail location, the release said. It joins venues in Iowa, Mississippi, New Jersey and New York.

DraftKings will soon be entering the Illinois sports betting market after reaching a deal with Casino Queen in East St. Louis for retail and online sportsbook operations.

On April 24, DraftKings became a publicly traded company on the NASDAQ exchange after completing a merger with SBTech and Diamond Eagle Acquisition Corp.

RELATED: More about Colorado sports betting and gaming

Retail Sites Going Live In Colorado

Construction of the permanent sportsbook location is underway at the Mardi Gras Casino, the release said. It will include a large bar, an expansive wall of TVs and VIP Lounge area access.

Casinos in the state closed since mid-March so only the online sports market launched on May 1. But Cripple Creek reopened casinos on June 15 with new health and social-distancing guidelines that had to be approved by state health officials. Black Hawk and Central City casinos reopened two days later.

Saratoga Casino Black Hawk accepted the first retail sports bet in Colorado on June 17 at its sportsbook, which is operated by Betfred USA. Monarch Casino Blackhawk recently joined Saratoga Casino Black Hawk as retail sportsbooks operational in the state, according to the gaming control commission's website.

Twin River owns and manages three casinos in Black Hawk — Mardi Gras, Golden Gulch and Golden Gates Casino. It acquired the properties in early 2020. Twin River also owns two casinos in Rhode Island, two in Mississippi, one in Delaware and one in Missouri.

With the return of sports — the UFC and NASCAR started having regular events in May, the PGA Tour came back in June and MLB, the NHL and NBA are holding training camps for the eventual restarts to their seasons — there will be a lot of opportunities to place bets in Colorado.

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