FanDuel has made public that after a successful soft launch, the operator has become the first US sportsbook offering horse wagering and traditional sports betting through one account.
Before this, FanDuel punters had to open a separate account at one of FanDuel’s platforms – FanDuel Racing or TVG. The new account was implemented after observing player betting behavior once sports wagering became legal in 2018. This way, betting on horse racing remains in demand after the wide popularity of betting on sports.
Accordingly, the shared wallet feature is available in New York, Illinois, Indiana, Maryland, West Virginia, Wyoming, Michigan, Colorado, and Virginia and planning to expand in the next year.
FanDuel CEO Amy Howe commented:
“Horse racing is a big part of our DNA. This is a significant opportunity to expose a broader, engaged audience to the sport in a familiar environment.”
Most probably, the option of a shared wallet will be implemented in other sportsbook sites in the future, and yet FanDuel will stay as the first one launching this option.
Other sportsbook updates
Caesars and BetMGM have both partnered with NYRA Bets to launch separate advance deposit wagering platforms in several states. DraftKings plans to debut a stand-alone horse betting platform called DK Horse. It is possible through a deal with Churchill Downs before next May’s Kentucky Derby.
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