Daily fantasy sports (DFS) giant DraftKings is waiting for the U.S. Supreme Court’s go-signal before it finally decides to jump over the fence into the greener side of sports betting.
Recode reported that DraftKings, which has been trying to distance its offerings and its business from gambling, is now creating a sports betting product just in case the high tribunal rules that the federal ban on sports betting is unconstitutional.
DraftKings CEO Jason Robins hoped that his new venture will be up and running in time for the legalization of sports betting across America. In an interview with Recode, Robins expressed confidence that legal sports betting in the U.S. is “going to happen,” and that “it is just [a matter of] when.” He kept mum on what DraftKing’s new product will be.
Should the SC decides to strike down the controversial Professional and Amateur Sports Protection Act of 1992 this year, Robins pointed out that DraftKings will be prepared.