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Arkansas Racing Commission approves DraftKings and FanDuel sports betting applications

Licences & markets

The Arkansas Racing Commission approved DraftKings’ and FanDuel’s sports betting applications on 26 February 2026. DraftKings is partnering with Southland Casino Hotel, while FanDuel is partnering with Oaklawn Racing Casino Resort; both companies said they hoped to launch in time for March Madness.

The approvals allow two operators to pursue sports betting launches through named Arkansas casino partners.

End-of-day close DraftKings (DKNG), USD, to 10 April 2026
Story date12 January 202610 April 2026

Latest reported results

DraftKings NASDAQ: DKNG

Quarter ended 30 September 2026

Revenue
USD 1.33bn10-Q filing 0001883685-26-000041
Operating income
−USD 493.1m10-Q filing 0001883685-26-000041

Earlier licence decisions by Arkansas Racing Commission

DateCompanyAmountStoryAppeal status
DraftKings, FanDuelNot statedDraftKings and FanDuel apply to enter Arkansas mobile sports betting marketNot stated
DraftKings, FanDuelNot statedArkansas officials review DraftKings and FanDuel sportsbook applicationsNot stated

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