Penn National and Draftkings enter agreement

CHARLES TOWN, W.Va. — The parent company of the Hollywood Casino at Charles Town Races has inked an agreement with a nationally known sports betting platform.

Under a deal announced Friday, Penn National Gaming has sold one of it’s spare sports betting license for West Virginia to DraftKings. It’s an agreement which is expected to accelerate sports betting nationally and give the Hollywood Casino a financial boost. DrafKings gets with the agreement a platform with which to create a building spot to take advantage of the relatively new sports betting allowance in West Virginia.

“They are going to be viewed as a valued partner in West Virginia. It’s certainly good for the sports betting public in West Virginia to have an opportunity to have choice in who they decide to place their sports bets with,” said Eric Schippers of Penn National Gaming, Inc.told WHAG TV.

Penn National Gaming plans to make its own online sports betting platform within the next year.

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