Investor Presentaiton
TwinSpires
TwinSpires B2B Growth Strategy - FanDuel and DraftKings Agreements
FanDuel
Agreement began in January 2023
■ FanDuel created a fully integrated and seamless
wagering experience with a single wallet for
their customers who want to bet on sports and
on horse racing with FanDuel TV driving ongoing
engagement
Key components of agreement:
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-
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Non-exclusive Kentucky Derby sponsorship rights
for sports wagering
Content fees for wagers that FanDuel accepts on
CDI's owned or controlled horse racing content,
including the Kentucky Derby
Exclusive TV rights to racing content at all CDI
Thoroughbred racetracks excluding specified
content such as Kentucky Derby Week
Utilization of CDI's United Tote business to
facilitate pari-mutuel wagering on its platforms in
the U.S. including FanDuel Sportsbook and TVG
FANDUEL
42
DraftKings
DraftKings launched DK HORSE in March 2023
ahead of the 149th running of the Kentucky
Derby in May 2023
■ DK HORSE allows DraftKings' eligible
customers to bet on horse racing using a
standalone branded app
◉
Key components of agreement:
-
-
TwinSpires provides advanced deposit wagering
("ADW") technology to DraftKings for a full end-
to-end label ADW solution
CDI provides DraftKings pari-mutuel wagering
rights to horse racing content owned or controlled
by CDI, including the Kentucky Oaks and Kentucky
Derby
CDI also secures, on behalf of DraftKings,
additional horse racing content for use on DK
HORSE
DRAFT
KINGS
DKC
HORSE
CHURCHILL DOWNS
INCORPORATEDView entire presentation