A major strategic deal was signed this week by FanDuel which provides sports betting platforms. The deal between FanDuel and Cordish Companies which owns and operates casinos across the country is a multifaceted one. FanDuel Sportsbook is set to be installed at various Cordish Live Casino Venues. According to a Cordish spokesperson, the partnership will allow visitors to ‘Cordish properties, a unique opportunity to engage in various gaming activities.’
Cordish properties have about 55 million visitors to their various venues across the country.
This is a sizable deal for FanDuel, with the number of possible venues for their sports-book platform huge. FanDuel has over 8.5 million customers presently, with numbers increasing greatly on a daily basis. They are the number one sports betting provider in the country.
The Cordish Company Says The Partnership With FanDuel Is A Huge Bonus For Client Base
Joseph Weinberg, who is a Principle with the Cordish Companies said, “We are excited to partner with FanDuel to bring our customers the premier sports betting experience in the country. Including unique promotions and sports engagement opportunities, that will only be available at Live properties.” The CEO of the FanDuel Group Matt King said, “With over ten decades of experience, the Cordish Companies have created the model for world-class integrated sports, gaming and entertainment and hospitality destinations. 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.”
Philadelphia Will Be The First Venue To Have FanDuel Installed At It’s Casino
The FanDuel Sports Betting Platform will be installed at Cordish’s Live Casino in Philadelphia The partnership will evolve as more and more states come online and start to launch legalized sports betting. The Cordish Companies have been around since 1910 when it was founded in Baltimore, Maryland by original founder Louis Cordish. The company is mega powerhouse real estate and entertainment development company.
The key people that run the company still remain members of the Cordish family, like David Cordish who is the CEO. The managing partner Joe Weinberg, works closely with the Cordish family to manage their huge real estate Holdings. Seven years ago when Cordish launched its live property in Philadelphia. Weinberg talked glowingly about the accomplishments of the company.
Weinberg at the time talked about a recent Ravens win and the launching of the Live property. He said, “We have the Ravens this week, we have Maryland Live, opened this week, at full capacity another 1000 plus machines, and the rams have center stage. So this is a really exciting week for the Baltimore area and for Maryland.” Weinberg added, “We’re very excited about the reception we have gotten from the people in this region, I think they are very excited for the great experience they get here. This is now the third-largest casino in the United States, so it’s something to celebrate.”