Recently, Evolution Gaming has announced it will supply its live dealer services to DraftKings Online Casino in New Jersey.
Draftking surprised everyone by entering the NJ online sports betting market ahead of all its competitor. The move to sports betting was its own natural evolution from its roots as a daily fantasy for sports company.
Chief Business officer James Stern said: “DraftKings is a young and dynamic company that has blazed a trail in recent years with its best in class technology and extensive knowledge of sports. Draftkings was first to market in new Jersey with online sports betting, just a couple of months after filing for its license with the new Jersey regulators. We very much look forward to working with Draftkings on this project.
Evolution set up a broadcast studio in Atlantic City last summer, with Golden Nuggets illuminating the market opportunity.
Golden Nugget Online gaming SVP Thomas Winter, said: “Winter explained that since launching live dealer gaming in August 2016, online table games revenue has increased by 150 percent.
DraftKings strategic decision to enter the online Casino market. Sports betting and DFS are both products with a large cost base.
Draftkings sportsbook has built a substantial customer database in New Jersey. It’s only logical to offer higher margin online games.