Skip to main content

DraftKings announces it will now allow betting on drone races in some states

DraftKings announces it will now allow betting on drone races in some states

/

The betting platform has a deal with the Drone Racing League

Share this story

Drone Racing League In London
Photo credit should read Adam Gray / Barcroft Media via Getty Images / Barcroft Media via Getty Images

Sports betting company DraftKings and the Drone Racing League (DRL) will now allow betting on drone races in some states, the two companies announced. DRL, which CNBC describes as a first-person view racing league, allows pilots to compete for prizes by flying their drones through courses.

Residents of Colorado, New Hampshire, New Jersey, Tennessee, and West Virginia will be able to bet on the races via their phones, and regulatory approval is pending for betting on drone races in other states, the companies said. The terms of the deal and the amounts of the prize money weren’t disclosed, but drone racers in a 2017 tournament competed for $100,000.

“The sky is now the limit for DRL fans to get skin in the game, and we’re thrilled to partner with DraftKings to transform our high-speed race competition into the ultimate sport to bet on,” DRL President Rachel Jacobson said in a statement. According to CNBC, drones used in the events are built by DRL, and each one is worth about $2,000. The league has deals for media rights to the races with NBC Sports and Sky Sports, and a streaming arrangement with Twitter to host its preflight shows.

DraftKings first introduced DRL drone races last year as a kind of test run, and says response was better than expected. According to Forbes, the first free-to-play pool in November drew more than 150,000 entrants. DRL was established in 2015.

The first races, part of the 2020 DRL Allianz World Championship Season, are slated for Saturday at 4:30PM ET on NBC, Twitter, and Facebook. DRL and DraftKings will host pre-flight shows ahead of the live events to give fans details on how to participate.

Today’s Storystream

Feed refreshed Sep 25 Not just you

E
Twitter
Emma RothSep 25
Rihanna’s headlining the Super Bowl Halftime Show.

Apple Music’s set to sponsor the Halftime Show next February, and it’s starting out strong with a performance from Rihanna. I honestly can’t remember which company sponsored the Halftime Show before Pepsi, so it’ll be nice to see how Apple handles the show for Super Bowl LVII.


E
Twitter
Emma RothSep 25
Starlink is growing.

The Elon Musk-owned satellite internet service, which covers all seven continents including Antarctica, has now made over 1 million user terminals. Musk has big plans for the service, which he hopes to expand to cruise ships, planes, and even school buses.

Musk recently said he’ll sidestep sanctions to activate the service in Iran, where the government put restrictions on communications due to mass protests. He followed through on his promise to bring Starlink to Ukraine at the start of Russia’s invasion, so we’ll have to wait and see if he manages to bring the service to Iran as well.


E
External Link
Emma RothSep 25
We might not get another Apple event this year.

While Apple was initially expected to hold an event to launch its rumored M2-equipped Macs and iPads in October, Bloomberg’s Mark Gurman predicts Apple will announce its new devices in a series of press releases, website updates, and media briefings instead.

I know that it probably takes a lot of work to put these polished events together, but if Apple does pass on it this year, I will kind of miss vibing to the livestream’s music and seeing all the new products get presented.


E
External Link
Emma RothSep 24
California Governor Gavin Newsom vetoes the state’s “BitLicense” law.

The bill, called the Digital Financial Assets Law, would establish a regulatory framework for companies that transact with cryptocurrency in the state, similar to New York’s BitLicense system. In a statement, Newsom says it’s “premature to lock a licensing structure” and that implementing such a program is a “costly undertaking:”

A more flexible approach is needed to ensure regulatory oversight can keep up with rapidly evolving technology and use cases, and is tailored with the proper tools to address trends and mitigate consumer harm.


Welcome to the new Verge

Revolutionizing the media with blog posts

Nilay PatelSep 13
A
Youtube
Andrew WebsterSep 24
Look at this Thing.

At its Tudum event today, Netflix showed off a new clip from the Tim Burton series Wednesday, which focused on a very important character: the sentient hand known as Thing. The full series starts streaming on November 23rd.


A
The Verge
Andrew WebsterSep 24
Get ready for some Netflix news.

At 1PM ET today Netflix is streaming its second annual Tudum event, where you can expect to hear news about and see trailers from its biggest franchises, including The Witcher and Bridgerton. I’ll be covering the event live alongside my colleague Charles Pulliam-Moore, and you can also watch along at the link below. There will be lots of expected names during the stream, but I have my fingers crossed for a new season of Hemlock Grove.


T
Twitter
Tom WarrenSep 23
Has the Windows 11 2022 Update made your gaming PC stutter?

Nvidia GPU owners have been complaining of stuttering and poor frame rates with the latest Windows 11 update, but thankfully there’s a fix. Nvidia has identified an issue with its GeForce Experience overlay and the Windows 11 2022 Update (22H2). A fix is available in beta from Nvidia’s website.