Fairmount Park in Collinsville, Ill., will soon have a new name through its partnership with the sports betting giant FanDuel. The 95-year-old racetrack just east of St. Louis, Mo., will be known as FanDuel Sportsbook and Horse Racing.
In an interview with the St. Louis Post-Dispatch, FanDuel Group CEO Matt King outlined plans for a sportsbook at the racetrack, but added “We're investing broadly to revitalize the track itself.” The Post-Dispatch reports plans for the track to bring back the St. Louis Derby – last run in 2006 – and fund it with a $250,000 purse.
The sportsbook could open as early as late January 2021.
The Illinois Racing Board has approved 53 days of live racing at Fairmount Park in 2021, with a meet extending from April 27-Sept. 6
Fairmount Park is also in the process of getting a casino license made possible through a gaming bill passed by the Illinois legislature in 2019. The track has been owned since 2000 by William Stiritz and Associates.
FanDuel and the horseracing network and advance deposit wagering company TVG are related through their common ownership by Flutter Entertainment.
Read more at St. Louis Post-Dispatch.
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