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Take Me Out to the Sportsbook

Bloomberg Businessweek US

|

August 29, 2022

DraftKings wants you to root, root, root for a prop bet. If you don’t win, it’s a shame

- Peter Robison

Take Me Out to the Sportsbook

On a sticky morning in June, Crane Kenney, the neatly pressed president of the Chicago Cubs, ushered a dozen reporters across the loose gravel of a construction site just outside Wrigley Field. “Slip-and-fall,” Kenney, a lawyer, teased a burly cameraman. “I can see it.” Standing beside Kenney, in wraparound mirrored sunglasses and a wide-collared blue gingham shirt open to the breastbone, was the corporate partner he’d come to celebrate: Jason Robins, co-founder of betting app DraftKings.

We were there to watch the two of them sign a steel beam that will eventually sit inside a two-story, Las Vegas-style sportsbook and bar. Robins’s company is paying the Cubs $100 million over 10 years for the right to operate it, according to a person familiar with the agreement. The glass-walled venue will be welded in several places to the stadium and stretch almost half its length near the intersection of Addison Street and Sheffield Avenue. Renderings depict signs flashing the DraftKings name and an L-shaped, 2,000-square-foot TV screen.

Wrigley is holy ground for baseball fans, attracting crowds no matter how well the Cubs play. (Their championship in 2016 was the first in 108 years.) Traditionally, games at the “friendly confines,” with its famed ivy-covered walls, have been a deliciously low-fi affair. Sportscaster Harry Caray used to lead fans in Take Me Out to the Ballgame during the seventh-inning stretch, while spectators crowded onto rooftops overlooking the outfield to catch a glimpse. Wrigley’s portrayal in Ferris Bueller’s Day Offas the ultimate place to play hooky helped inspire a national following, as did writers including George Will, a lifelong Cubs fan. In

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