The Mississippi-based DraftKings sportsbook has shut down its Kentucky Derby futures odds following a complaint from Churchill Downs, Inc., according to a report by the Vegas Stats & Information Network.
A source told VSiN's Ron Flatter that CDI pointed to legal precedent as the reason DraftKings should remove the odds, produced by former Las Vegas Wynn Sportsbook director Johnny Avello, who recently moved to the Scarlett Pearl Casino/DraftKings book in D'Iberville, Miss. Avello was well-known for years for producing a lengthy list of Kentucky Derby futures odds for the Wynn. This year's list had 285 individual horses listed.
According to Flatter, CDI's issue with DraftKings in Mississippi is that it doesn't host pari-mutuel betting from racetracks, a scenario in which tracks receive a cut. Many Vegas casinos, including the Wynn, offer pari-mutuel wagering from tracks across the country.
Avello told Flatter in a text that he was “not clear on what really happened.”
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