In another industry first, the DraftKings gift card is now available at a wide variety of retailers wherever the online sportsbook operates. Sports bettors will be able to use the new DraftKings gift card to fund their online accounts.
The sports betting and fantasy sports leader has partnered with InComm Payments to produce $25 and $50 gift cards for the payment company’s network of convenience stores, including 7-Eleven, Speedway, and Sheetz, and also in pharmacies, grocery stores, and general retailers like Dollar General.
DraftKings also accepts prepaid cards from Mastercard, Visa, and American Express to fund an account.
Leveraging Brick-and-Mortar Retail Sales
As more states legalize sports betting, DraftKings is rapidly expanding its footprint across the nation. As one of the two dominant sportsbooks in the US, DraftKings routinely comes up with new ways to compete against its biggest rival, FanDuel. By introducing a DraftKings gift card easily available at retail locations, the leading online sportsbook will not only be able to greatly expand its brand recognition, but also give its users more convenience.
InComm’s senior VP, Tim Richardson, said, “The DraftKings gift card not only offers people a nice gift-giving opportunity, but it also represents a key opportunity for brand expansion and enhancement for DraftKings. For the first time, the sports betting giant will benefit from having its brand available in tens of thousands of InComm Payments’ retail partner locations across the country.”
Using a DraftKings Gift Card
The DraftKings gift card can only be used to fund a DraftKings account, but it can not be used to withdraw funds. Also, it can not be “recharged” from another funding source, such as a bank account.
Keep in mind, you can only use the DraftKings gift card within states where the company legally operates.
Sports betting with DraftKings is available in New Jersey, Pennsylvania, West Virginia, Indiana, Iowa, New Hampshire, Illinois, Tennessee, and Colorado.
Casino games on the DraftKings app are available in New Jersey, West Virginia, and Pennsylvania. Finally, DraftKings Daily Fantasy Sports are available in all 50 states, except Hawaii, Arizona, Idaho, Louisiana, Montana, Nevada, and Washington.
DraftKings in New Jersey
DraftKings online and mobile sportsbook offers odds and betting on dozens of American and international sports events. The sportsbook also offers many different types of bet types, including ones that are unique to the platform, such as live, in-game betting.
New Jersey was instrumental in overturning PASPA, opening the door for all 50 states to offer sports betting, beginning on June 14, 2018. In fact, DraftKings was the first legal online sportsbook in the state, launching in August 2018. DraftKings operates under the casino license of Resorts Atlantic City and operates a retail sportsbook there.
All types of gambling in New Jersey is regulated by the Division of Gaming Enforcement. However, the state prohibits gambling on college sports events taking place in New Jersey or involving one of the state’s college or university teams.
To gamble in New Jersey, you must be at least 21 years of age, with a valid Social Security Number. You also must physically be within the borders of New Jersey.
DraftKings Makes a Play for Connecticut
In its quest to gain access to as many states as possible, DraftKings recently announced a deal with the Mashantucket Pequot Tribal Nation in Connecticut to offer mobile and online sports betting in the state, as soon as it receives legislative approval.
The Mashantucket Pequot Tribal Nation owns and operates the Foxwoods Casino Resort in Mashantucket.
In the early ’90s, both the Mohegan and Mashantucket Pequot tribes made deals with the state, giving them exclusive rights to “all future casino gaming” in Connecticut. However, while the tribes say that right includes sports betting, it’s unclear when the partnership with DraftKings will go ahead.