Story perspectives
Arkansas Approves Sports Betting Licenses for FanDuel, DraftKings
3/23/2026
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Story summary
- On February 26, 2026, the Arkansas Racing Commission approved FanDuel Group, a sportsbook brand, and DraftKings Inc., a national sportsbook operator, for sports wagering licenses.
- Sports betting has been legal in Arkansas since 2019, with online betting starting in 2022.
- DraftKings Inc. and FanDuel accepted the 51% revenue-sharing rule and partnered with Oaklawn Casino and Southland Casino Hotel.
- The Arkansas Legislative Council finalized the 51% revenue-sharing rule in February 2022.
