DraftKings Inc
Company Profile
Business description
DraftKings got its start in 2012 as an innovator in daily fantasy sports. Then, following a Supreme Court ruling in 2018 that allowed states to legalize online sports wagering, the company expanded into online sports and casino gambling, where it generally holds the number two or three revenue share position across states in which it competes. DraftKings is now live with online or retail sports betting in about 30 states and iGaming in seven states, with both products available to around 40% of Canada's population. The company also operates a non-fungible token commissioned-based marketplace and develops and licenses online gaming products.
Contact
222 Berkeley Street
5th Floor
BostonMA02116
USAT: +1 617 986-6744
Sector
Consumer Cyclical
Stock type
Cyclical
Industry
Gambling
Fiscal Year End
31 December 2024
Employees
4,400
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