DraftKings and Passamaquoddy Tribe Announce Sports Betting Partnership

The Passamaquoddy Tribe and DraftKings have recently announced a new partnership that will allow the tribe to offer sports betting services to its members. The agreement marks the first time a Native American tribe has partnered with a major sports betting company.

The partnership will allow the Passamaquoddy Tribe to offer sports betting services to its members through DraftKings’ online platform. The tribe will be able to offer a variety of sports betting options, including live in-game wagering, parlay betting, and more. The agreement also includes a revenue-sharing arrangement between the two parties.

The Passamaquoddy Tribe is one of the first Native American tribes to enter into a sports betting partnership with a major company. The tribe is located in Maine and is home to over 4,000 members. This agreement marks an important step forward for the tribe, as it will provide them with a new source of revenue and economic opportunity.

The partnership between the Passamaquoddy Tribe and DraftKings is part of a larger trend of Native American tribes entering into sports betting agreements with major companies. This trend is likely to continue as more states legalize sports betting and tribes look for new sources of revenue.

The agreement between the Passamaquoddy Tribe and DraftKings is an important step forward for both parties. For the tribe, it provides them with a new source of revenue and economic opportunity. For DraftKings, it allows them to expand their reach and gain access to a new customer base. This partnership is likely to be beneficial for both parties and could pave the way for more similar agreements in the future.