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Commission approves initial DraftKings Racing ADW license, effective Aug. 1
Summary
The Washington Horse Racing Commission voted July 31 to approve DK Horse LLC d/b/a DraftKings Racing for an initial advanced deposit wagering license and amended the effective date to Aug. 1, 2026; the applicant said the move will transition the product in‑house from a white‑label arrangement with Churchill Downs.
The Washington Horse Racing Commission on July 31 approved an initial advanced deposit wagering (ADW) license for DK Horse LLC, doing business as DraftKings Racing, and set the license to take effect Aug. 1, 2026.
Executive Secretary Amanda Benton introduced the application and said the packet showed officers and directors background checks were clear and that the company had been operating under a Churchill Downs white‑label agreement since 2023. Applicant representative Chris Chipola told commissioners, "We're excited to launch this next phase of our horse racing offering, and I'm happy to answer any questions should there be any." Commissioners asked procedural and consumer‑protection questions; Chipola clarified the DraftKings Racing product would be a deposit wagering offering and "has nothing to do with prediction markets."
Commissioners moved to approve the initial license and amended the start date so bookkeeping could reflect an Aug. 1 effective date. The motion passed with a unanimous voice vote. The commission directed staff to draft the order and provide the applicant with a copy as proof of licensure.
Why it matters: DraftKings' move to run an in‑house racing product follows several years of white‑label arrangements and is intended to bring DraftKings' larger customer base to horse‑racing wagering, a topic commissioners said could affect local handle and field sizes going forward.
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