{"id":514925,"date":"2021-07-20T07:38:19","date_gmt":"2021-07-20T11:38:19","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/draftkings-named-official-betting-operator-of-the-northern-trust-and-world-golf-championships-fedex-st-jude-invitational\/"},"modified":"2021-07-20T07:38:19","modified_gmt":"2021-07-20T11:38:19","slug":"draftkings-named-official-betting-operator-of-the-northern-trust-and-world-golf-championships-fedex-st-jude-invitational","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/draftkings-named-official-betting-operator-of-the-northern-trust-and-world-golf-championships-fedex-st-jude-invitational\/","title":{"rendered":"DraftKings Named Official Betting Operator of THE NORTHERN TRUST and World Golf Championships-FedEx St. Jude Invitational"},"content":{"rendered":"

\nBoth Deals to Feature Premium Open-to-the-Public Venues
\n<\/h2>\n
\n

BOSTON, July 20, 2021 (GLOBE NEWSWIRE) — Tournament officials announced today that DraftKings Inc. (Nasdaq: DKNG) has been named the first \u201cBetting Operator of the World Golf Championships-FedEx St. Jude Invitational\u201d August 2-8 at TPC Southwind and the first \u201cOfficial Betting Operator of THE NORTHERN TRUST\u201d August 18-22 at Liberty National Golf Club. The agreement enriches DraftKings\u2019 relationship with the PGA TOUR, as they have recently announced plans for a retail sportsbook at TPC Scottsdale pending regulatory approval, as well as sponsorship deals as the Official Daily Fantasy Game and Official Betting Operator of THE TOUR. In the fall of 2020, DraftKings expanded its presence in the sport of golf by signing Bryson DeChambeau to a sponsorship deal.<\/p>\n

As part of both agreements, DraftKings will have hospitality suites at both tournaments dubbed the \u201cDraftKings House.\u201d At World Golf Championships-FedEx St. Jude Invitational, DraftKings House will be located beside the 18th<\/sup> green featuring an open-air patio with unbeatable views. DraftKings House at THE NORTHERN TRUST will be located between the 15th<\/sup> green and 16th<\/sup> fairway and include a VIP suite for private hospitality. Both spaces include areas that are open to the public. The DraftKings House will provide fans access to televisions airing golf and other live sports, phone chargers, complimentary Wi-Fi and premium food and beverage options for purchase.<\/p>\n

\u201cDraftKings is proud to evolve and expand our presence into the golf space by continuing to build upon the existing relationship with the PGA TOUR,\u201d said Ezra Kucharz, chief business officer at DraftKings. \u201cWe look forward to providing fans an unapparelled experience at Liberty National and TPC Southwind.\u201d<\/p>\n

To gain access to the DraftKings House, fans can purchase a daily grounds ticket to the event, starting at $30 for Wednesday, $60 for Thursday or Friday and $70 to attend Saturday or Sunday. This ticket provides fans with access to several public venues, ability to taste local fare from notable restaurants and stand right along the rope line to watch the world\u2019s best golfers in action.<\/p>\n

\u201cWhen the State of Tennessee legalized sports betting in the state last November, it opened the door for a number of new business opportunities in the sports industry,\u201d said Executive Director Darrell Smith. \u201cWith the existing relationship between DraftKings and the PGA TOUR, integrating them into the Memphis market at the WGC-FedEx St. Jude Invitational was an easy decision. We\u2019re excited to be one of the first PGA TOUR events to offer a public venue setting in this category. This sponsorship adds another on-site experience that caters to a variety of fans and we look forward to debuting it as we welcome the world\u2019s best golfers return back to Memphis.\u201d<\/p>\n

\u201cAs the existing relationship between DraftKings and the PGA TOUR continues to evolve, integrating them into the New Jersey market at THE NORTHERN TRUST was a natural fit,\u201d said Executive Director Julie Tyson. \u201cWhen the state of New Jersey legalized sports betting in 2018, it opened the doors for a number of new business opportunities in the sports industry and we are proud to be one of the first PGA TOUR events to offer a setting in this category. Our tournament prides itself in having on-site experiences that cater to a variety of fans and we\u2019re looking forward to debuting this innovative venue on one of the biggest stages in golf as the FedExCup Playoffs commence.\u201d<\/p>\n

For the first time, DraftKings will be hosting its Fantasy Golf World Championship at THE NORTHERN TRUST where 40 of the top daily fantasy players will compete for total prizes of $4 million. The event will take place in person spanning the four days of the tournament with the top finisher receiving $1 million.<\/p>\n

A leader in digital sports entertainment and gaming, DraftKings is committed to creating inclusive and responsible pathways for people to build, create, imagine, and innovate through the DraftKings S.E.R.V.E.S.<\/a> program. Responsible gaming<\/a> is a key pillar of the S.E.R.V.E.S. program and DraftKings\u2019 collective mission is to mitigate harm and protect the vulnerable with groundbreaking technology, training, resources and the support of evidence-based research.\u00a0
DraftKings is the Official Daily Fantasy Game and an Official Betting Operator of the PGA TOUR. Fans can find the latest available daily fantasy golf contests as well as golf betting markets by downloading the DraftKings apps via iOS and Android<\/a>.<\/p>\n

\n About DraftKings<\/strong>
\n
DraftKings Inc. is a digital sports entertainment and gaming company created to fuel the competitive spirit of sports fans with products that range across daily fantasy, regulated gaming and digital media. Headquartered in Boston, and launched in 2012 by Jason Robins, Matt Kalish and Paul Liberman, DraftKings is the only U.S.-based vertically integrated sports betting operator. DraftKings is a multi-channel provider of sports betting and gaming technologies, powering sports and gaming entertainment for 50+ operators in 17 countries. DraftKings\u2019 Sportsbook is live with mobile and\/or retail betting operations in the United States pursuant to regulations in Colorado, Illinois, Indiana, Iowa, Michigan, Mississippi, New Hampshire, New Jersey, New York, Oregon, Pennsylvania, Tennessee, Virginia and West Virginia. DraftKings\u2019 daily fantasy sports product is available in 7 countries internationally with 15 distinct sports categories. DraftKings is the official daily fantasy partner of the NFL, MLB, NASCAR, PGA TOUR and UFC as well as an authorized gaming operator of the NBA and MLB, an official betting operator of the PGA TOUR and the official betting operator of UFC. DraftKings also owns Vegas Sports Information Network, Inc. (VSiN), a multi-platform broadcast and content company.<\/p>\n

\n ABOUT PGA TOUR<\/strong>
\n
By showcasing golf\u2019s greatest players, the PGA TOUR engages, inspires and positively impacts our fans, partners and communities worldwide.<\/p>\n

The PGA TOUR, headquartered in Ponte Vedra Beach, Florida, co-sanctions more than 130 tournaments on the PGA TOUR, PGA TOUR Champions, Korn Ferry Tour, PGA TOUR Latinoam\u00e9rica, Mackenzie Tour-PGA TOUR Canada and PGA TOUR Series-China. Members on the PGA TOUR represent the world\u2019s best players, hailing from 29 countries and territories (94 members are from outside the United States). Worldwide, PGA TOUR tournaments are broadcast to 212 countries and territories in 23 languages. Virtually all tournaments are organized as non-profit organizations to maximize charitable giving. In 2019, tournaments across all Tours generated a record $204.3 million for local and national charitable organizations, bringing the all-time total to more than $3 billion.<\/p>\n

Fans can follow the PGA TOUR on\u00a0PGATOUR.COM<\/u><\/a>, the No. 1 site in golf, on the\u00a0PGA TOUR app<\/u><\/a>\u00a0and on social media channels, including\u00a0Facebook<\/u><\/a>, Instagram (in\u00a0English<\/u><\/a>,\u00a0Spanish<\/u><\/a>\u00a0and\u00a0Korean<\/u><\/a>)<\/u>, LinkedIn<\/u><\/a>,\u00a0Twitter<\/u><\/a>,\u00a0WeChat<\/u><\/a>,\u00a0Weibo<\/u><\/a>,\u00a0Toutiao<\/u><\/a>\u00a0and\u00a0Douyin<\/u><\/a>.<\/p>\n

\n About the WGC-FedEx St. Jude Invitational<\/strong>
\n
The City of Memphis has held a PGA TOUR event every year since 1958, and 2021 will mark Memphis\u2019 third year hosting a World Golf Championships event. The WGC event annually brings the best players in the world to Memphis for one of the strongest fields of the year. The 2021 tournament will be played August 2-8. Since 1970, Memphis\u2019 PGA TOUR stop has raised more than $50 million for the tournament\u2019s primary charitable beneficiary, St. Jude Children\u2019s Research Hospital, helping to ensure patients\u2019 families never receive a bill and can focus solely on helping their child.<\/p>\n

\n ABOUT THE NORTHERN TRUST\u00a0\u00a0<\/strong>
\n
THE NORTHERN TRUST is the first of three events in the FedExCup Playoffs, the culmination of the season-long\u00a0competition that is the centerpiece of the PGA TOUR Season. Played\u00a0August\u00a018-22, 2021\u00a0at Liberty National Golf Club\u00a0in the New York\/New Jersey Metropolitan area, THE NORTHERN TRUST features do-or-die drama as the top\u00a0125 players compete to advance. With strong\u00a0ties to the essential elements of New York culture, the event is a celebration of food, lifestyle, the very best\u00a0golfers on the PGA TOUR and a fan experience that is unmatched. Many of the world\u2019s top players have won THE\u00a0NORTHERN TRUST including\u00a0Patrick Reed,\u00a0Sergio Garcia, Adam Scott, Jason Day, Matt Kuchar,\u00a0Bryson DeChambeau and\u00a02020\u00a0champion\u00a0Dustin Johnson\u00a0who following a\u00a0record-setting 11-stroke\u00a0victory margin\u00a0at\u00a0TPC Boston\u00a0went on to\u00a0be crowned\u00a0as the season\u2019s\u00a0FedExCup\u00a0champion. Since the tournament\u2019s inception in 1967, THE NORTHERN TRUST has generated\u00a0nearly $50 million for New York\/New Jersey Metropolitan-area charities\u00a0who are positively impacting lives and driving year-round change.<\/p>\n

\n About the International Federation of PGA Tours <\/strong>
\n
The International Federation of PGA Tours was formed in 1996 by golf\u2019s five world governing bodies \u2013 the European Tour, Japan Golf Tour Organization, PGA TOUR, ISPS Handa PGA Tour of Australasia and Sunshine Tour (South Africa PGA Tour) with the purpose of providing a forum for the world\u2019s professional golf organizations to discuss issues of mutual importance and, together, develop and promote the game of golf on a global basis. As part of its mission, the Federation initiated the World Golf Championships in 1999. The Asian Tour joined the International Federation of PGA Tours in November 1999, while the Canadian Tour and the Tour de las Americas joined the Federation as associate members in 2000 and 2007, respectively.<\/p>\n

In step with global growth of professional golf, the International Federation of PGA Tours announced an expansion and restructuring of its membership in 2009, adding the International Golf Association and additional professional golf tours, including \u2013 for the first time \u2013 women\u2019s golf tours: China Golf Association; Korea Professional Golfers\u2019 Association; Professional Golf Tour of India; LPGA Tour; Ladies European Tour; Australian Ladies Professional Golf Tour; Japan LPGA; Korean LPGA; and Ladies Asian Golf Tour.<\/p>\n

\n DraftKings Forward Looking Statements<\/strong>
\n
Certain statements made in this release are \u201cforward looking statements\u201d within the meaning of the \u201csafe harbor\u201d provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words \u201cestimates,\u201d \u201cprojected,\u201d \u201cexpects,\u201d \u201canticipates,\u201d \u201cforecasts,\u201d \u201cplans,\u201d \u201cintends,\u201d \u201cbelieves,\u201d \u201cseeks,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201cshould,\u201d \u201cfuture,\u201d \u201cpropose\u201d and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside DraftKings\u2019 control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see DraftKings\u2019 Securities and Exchange Commission filings. DraftKings does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.<\/p>\n

\n
\n MEDIA <\/u>
\n <\/strong>\n <\/p>\n

\n DraftKings:<\/strong>
\n
\n media@draftkings.com<\/a>
\n
@DraftKingsNews<\/p>\n<\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

Both Deals to Feature Premium Open-to-the-Public Venues BOSTON, July 20, 2021 (GLOBE NEWSWIRE) — Tournament officials announced today that DraftKings Inc. (Nasdaq: DKNG) has been named the first \u201cBetting Operator of the World Golf Championships-FedEx St. Jude Invitational\u201d August 2-8 at TPC Southwind and the first \u201cOfficial Betting Operator of THE NORTHERN TRUST\u201d August 18-22 at Liberty National Golf Club. The agreement enriches DraftKings\u2019 relationship with the PGA TOUR, as they have recently announced plans for a retail sportsbook at TPC Scottsdale pending regulatory approval, as well as sponsorship deals as the Official Daily Fantasy Game and Official Betting Operator of THE TOUR. In the fall of 2020, DraftKings expanded its presence in the sport of golf by signing Bryson … <\/p>\n

Continue reading “DraftKings Named Official Betting Operator of THE NORTHERN TRUST and World Golf Championships-FedEx St. Jude Invitational”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-514925","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nDraftKings Named Official Betting Operator of THE NORTHERN TRUST and World Golf Championships-FedEx St. Jude Invitational - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/draftkings-named-official-betting-operator-of-the-northern-trust-and-world-golf-championships-fedex-st-jude-invitational\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DraftKings Named Official Betting Operator of THE NORTHERN TRUST and World Golf Championships-FedEx St. Jude Invitational - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Both Deals to Feature Premium Open-to-the-Public Venues BOSTON, July 20, 2021 (GLOBE NEWSWIRE) — Tournament officials announced today that DraftKings Inc. (Nasdaq: DKNG) has been named the first \u201cBetting Operator of the World Golf Championships-FedEx St. Jude Invitational\u201d August 2-8 at TPC Southwind and the first \u201cOfficial Betting Operator of THE NORTHERN TRUST\u201d August 18-22 at Liberty National Golf Club. The agreement enriches DraftKings\u2019 relationship with the PGA TOUR, as they have recently announced plans for a retail sportsbook at TPC Scottsdale pending regulatory approval, as well as sponsorship deals as the Official Daily Fantasy Game and Official Betting Operator of THE TOUR. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/draftkings-named-official-betting-operator-of-the-northern-trust-and-world-golf-championships-fedex-st-jude-invitational\/","og_locale":"en_US","og_type":"article","og_title":"DraftKings Named Official Betting Operator of THE NORTHERN TRUST and World Golf Championships-FedEx St. Jude Invitational - Market Newsdesk","og_description":"Both Deals to Feature Premium Open-to-the-Public Venues BOSTON, July 20, 2021 (GLOBE NEWSWIRE) — Tournament officials announced today that DraftKings Inc. (Nasdaq: DKNG) has been named the first \u201cBetting Operator of the World Golf Championships-FedEx St. Jude Invitational\u201d August 2-8 at TPC Southwind and the first \u201cOfficial Betting Operator of THE NORTHERN TRUST\u201d August 18-22 at Liberty National Golf Club. The agreement enriches DraftKings\u2019 relationship with the PGA TOUR, as they have recently announced plans for a retail sportsbook at TPC Scottsdale pending regulatory approval, as well as sponsorship deals as the Official Daily Fantasy Game and Official Betting Operator of THE TOUR. In the fall of 2020, DraftKings expanded its presence in the sport of golf by signing Bryson … Continue reading \"DraftKings Named Official Betting Operator of THE NORTHERN TRUST and World Golf Championships-FedEx St. Jude Invitational\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/draftkings-named-official-betting-operator-of-the-northern-trust-and-world-golf-championships-fedex-st-jude-invitational\/","og_site_name":"Market Newsdesk","article_published_time":"2021-07-20T11:38:19+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI4MzQ0MiM0MzA0MDcxIzIxODIwMDI=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"9 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/draftkings-named-official-betting-operator-of-the-northern-trust-and-world-golf-championships-fedex-st-jude-invitational\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/draftkings-named-official-betting-operator-of-the-northern-trust-and-world-golf-championships-fedex-st-jude-invitational\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"DraftKings Named Official Betting Operator of THE NORTHERN TRUST and World Golf Championships-FedEx St. Jude Invitational","datePublished":"2021-07-20T11:38:19+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/draftkings-named-official-betting-operator-of-the-northern-trust-and-world-golf-championships-fedex-st-jude-invitational\/"},"wordCount":1762,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/draftkings-named-official-betting-operator-of-the-northern-trust-and-world-golf-championships-fedex-st-jude-invitational\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI4MzQ0MiM0MzA0MDcxIzIxODIwMDI=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/draftkings-named-official-betting-operator-of-the-northern-trust-and-world-golf-championships-fedex-st-jude-invitational\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/draftkings-named-official-betting-operator-of-the-northern-trust-and-world-golf-championships-fedex-st-jude-invitational\/","name":"DraftKings Named Official Betting Operator of THE NORTHERN TRUST and World Golf Championships-FedEx St. Jude Invitational - 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