DraftKings Inc. recently announced that it has reached a licensing agreement with an affiliate of Penn National Gaming, Inc., the operator of Hollywood Casino at Charles Town Races in West Virginia. The agreement allows sports fans in the Mountain State to access DraftKings Sportsbook, pending regulatory approvals.

"We are thrilled to work with Penn National Gaming to bring our online sportsbook product to West Virginia," said Matt Kalish, chief revenue officer and co-founder of DraftKings. "We look forward to serving sports fans in the Mountain State and building on the immense success we have had in leading the New Jersey market. With over 90 percent of sports bettors returning to play after trying DraftKings Sportsbook, we are confident we can deliver on being the best place to play for West Virginia consumers."