2012; 12 years ago (2012) Boston, Massachusetts, U.S.[1]
Founders
Jason Robins
Matt Kalish
Paul Liberman
Headquarters
Boston, Massachusetts
,
U.S.
Key people
Jason Robins (CEO)
Paul Liberman (COO)
Matt Kalish (CRO)
Products
SportsBook, Online Casino, and Daily Fantasy Sports
Number of employees
3,400[2] (2021)
Website
draftkings.com
DraftKings Inc. is an American daily fantasy sports contest and sports betting company. The company allows users to enter daily and weekly fantasy sports–related contests and win money based on individual player performances in five major American sports (the MLB, the NHL, the NFL, the NBA and the PGA), Premier League and UEFA Champions League football, NASCAR auto racing, Canadian Football League, the XFL, mixed martial arts (MMA), Boxing, Tennis, All Elite Wrestling (AEW), and WWE.
DraftKings launched DraftKings Sportsbook in New Jersey.[3] Since launching in New Jersey, DraftKings has opened mobile sports betting operations in Connecticut, Indiana, Pennsylvania, West Virginia and New Hampshire on December 30, 2019 after reaching agreement with the New Hampshire Lottery.[4]
As of April 2016, the majority of U.S. states consider fantasy sports (including daily fantasy sports) a game of skill, rather than gambling.[5] In November 2016, FanDuel and DraftKings, the two largest companies in the daily fantasy sports industry, reached an agreement to merge. However, the merger was terminated in July 2017-- blocked by the Federal Trade Commission to prevent potential monopoly, as the combined company would have controlled 90 percent of the market for daily fantasy sports. As of July 2017, DraftKings had eight million users.[6][7]
DraftKings became a publicly traded company through a reverse merger with SBTech, a Bulgarian technology company, and special-purpose acquisition company Diamond Eagle Acquisition Corp in April 2020.[8]
^"The Super Bowl of Startups: Interview with DraftKings CEO Jason Robins". redpoint.com. February 5, 2014. Archived from the original on May 3, 2015. Retrieved July 20, 2015.
^"DraftKings: Number of Employees 2019-2021 | DKNG".
^"DraftKings launches mobile sports betting in New Jersey". Reuters. August 1, 2018. Retrieved October 30, 2019.
^"Sports betting approved in New Hampshire for next year". APnews. November 25, 2019. Retrieved December 17, 2019.
^Bonesteel, Matt. "NCAA athletes aren't allowed to play fantasy sports for money, even though it's legal". The Washington Post. September 22, 2015. Retrieved September 29, 2015.
^Hobson, Will. "Daily fantasy sites DraftKings, FanDuel reach agreement to merge". The Washington Post. November 18, 2016. Retrieved November 18, 2016.
^Tepper, Fitz. "DraftKings and FanDuel will no longer merge". TechCrunch. July 13, 2017. Retrieved August 3, 2017.
DraftKings Inc. is an American daily fantasy sports contest and sports betting company. The company allows users to enter daily and weekly fantasy sports–related...
This is a list of draft picks by the Sacramento Kings of the NBA. In total, the Kings have had 514 draft picks. Jenner changed her name due to gender transition...
founded as a daily fantasy sports provider, and principally competed with DraftKings. In May 2018, amid the widening legalization of sports betting in the...
DraftKings at Casino Queen is a casino located near the Mississippi River in East St. Louis, Illinois, just across the river from St. Louis. It is owned...
competing services: the New York-based FanDuel, and the Boston-based DraftKings. Both companies were established as venture capital-backed startup companies...
owned by DraftKings. The company was split from Landry's, Inc. (owner of the Golden Nugget casinos chain) in 2020 and acquired by DraftKings in 2022....
Nick (September 27, 2021). "WWE Draft, explained: Rules, date, Superstars likely to change brands, and more". DraftKings. Archived from the original on...
fantasy site called SnapDraft, and FanDuel was founded in 2009 as a spin-off of a Scottish prediction market company. DraftKings was founded in 2012. Following...
Schneiderman issued cease-and-desist letters to daily fantasy sports companies DraftKings and FanDuel, accusing the companies of operating a gambling enterprise...
Westwood One, Audacy, and hosts the Ross Tucker Football Podcast on the DraftKings Network. Tucker attended Wyomissing Area High School, where he earned...
2023). "Who has the broadcast rights for the Stanley Cup Playoffs?". DraftKings Nation. Retrieved June 10, 2023. "Penguins name Ron Hextall as GM, Brian...
company. DraftKings, now the other major daily fantasy firm, was founded in 2012. In April 2013, MLB invested an undisclosed amount in DraftKings, making...
Starting in 2016, he oversaw the planning of the merger between FanDuel and Draftkings. However, the Federal Trade Commission blocked the merger from taking...
$1.5 billion, including notable early investments in Scopely, Zipcar, DraftKings, Sportradar, CLEAR and BigCommerce. In 2003, Davis and Case purchased...
ownership of the site "till I die". On 11 February 2024, Barstool Sports and DraftKings finalized a multi-year sports betting media partnership, following the...
transparency and integrity as well as business opportunities. Before naming DraftKings and FanDuel co-official sports betting partners of the NBA in 2021, the...
funding estimated at over $100 million for DraftKings, a daily fantasy sports contest provider. DraftKings purchased a stake in Vivid from Eldridge, when...
advisor. That same month, DraftKings was named the first official sportsbook and daily fantasy partner of the PFL. DraftKings would sponsor the league's...
Horizon’s sponsor, Horizon Sponsor, LLC, has entered into an agreement with DraftKings (NASDAQ: DKNG) to make a private placement PIPE investment in connection...
products by 2023. On February 15, 2024, the company announced its sale to DraftKings for $750 million. In December 2022, Jackpocket signed a sponsorship deal...
The Sacramento Kings are an American professional basketball team based in Sacramento, California. The Kings compete in the National Basketball Association...
Nick (September 27, 2021). "WWE Draft, explained: Rules, date, Superstars likely to change brands, and more". DraftKings. Archived from the original on...
was the third-largest DFS company in North America, behind FanDuel and DraftKings. It was owned by Bally's Corporation. The company was founded in 2018...
participates in. Notable investments include Airbnb, Pinterest, Shopify, DraftKings, Stubhub, Upwork, and Ro. FirstMark was founded in 2008 by Amish Jani...
Los Angeles, the Kings have drafted 463 players. The 2020 draft was the 54th in which Los Angeles participated. The NHL Entry Draft is held each June...
Alibaba, Facebook, eBay, AT&T, Unicef, Dell, Lyft, GoFundMe, TransferWise, DraftKings, and eToro. In 2020, Trustly launched in Australia and Canada, adding...
2022). "Heisman Trophy odds heading into Week 12 of college football". DraftKings Network. Retrieved February 17, 2024. "Source: Michigan RB Corum to have...