Relax Gaming Expands Reach with DraftKings in Key North American Markets

Ontario. This collaboration further solidifies Relax Gaming’s footprint in the regulated gaming markets of both the United States and Canada.

As part of the agreement, DraftKings will integrate Relax Gaming’s diverse range of titles into its online casino platform, expanding the selection available to its base. This move aligns with both companies’ recent efforts to enhance their market positions and capitalize on the growth of North American iGaming.

Strengthening Market Presence Amid Business Growth

The expansion comes at a time of significant momentum for both companies. DraftKings recently disclosed its financial results for fiscal year 2024, revealing revenue of approximately $4.8 billion—a 30.1% increase compared to the previous year. Despite this substantial growth, the company reported a net loss of $507.3 million. However, this figure reflects a 36.8% improvement from its 2023 losses.

Additionally, DraftKings achieved a key milestone by posting its first positive adjusted EBITDA, which reached $181.3 million for FY2024. This marks a turnaround from the previous year’s adjusted EBITDA loss of $151 million. Looking ahead, DraftKings projects continued financial growth in 2025, with revenue forecasts ranging between $6.3 billion and $6.6 billion.

Relax Gaming has also experienced notable progress in early 2025. The company recently celebrated its nineteenth Dream Drop Mega Jackpot win, with a player securing a €2.9 million ($3 million) prize from a €2 bet on Beellionaires Dream Drop. Additionally, the gaming supplier expanded its European partnerships by g a deal with NetBet Denmark shortly before announcing its agreement with DraftKings.

Relax Gaming has been active in the Ontario market since its regulatory launch in April 2022. The company collaborates with various online operators in the province, including PointsBet, with whom it finalized a deal in late 2024. At present, Relax Gaming supplies more than 120 game titles to a range of Ontario-based gaming platforms.

In the U.S., Relax Gaming made its market debut in December 2023 under the RLX Gaming brand through a partnership with BetMGM in New Jersey. This collaboration later expanded to Pennsylvania, and the supplier has since secured agreements with additional operators such as PlayStar in New Jersey. With its latest integration into DraftKings’ portfolio, Relax Gaming continues to solidify its presence in these key jurisdictions.

Across all its markets, Relax Gaming’s portfolio spans over 4,000 game titles, with partnerships extending to more than 700 operator brands and 70 gaming studios. The company remains committed to expanding its footprint under the leadership of Chief Growth Officer Enrico Bradamante, who assumed the role in October 2024.

Source:

‘’Relax Gaming’’, lrealmoneyaction.horsewinners.net, Feb 24, 2025