DraftKings

DraftKings Inc. is a digital sports entertainment and gaming company based in Boston, Massachusetts. Founded in 2011, it initially focused on daily fantasy sports contests for cash prizes across major sports in the United States and Canada. Following the 2018 Supreme Court ruling that allowed states to legalize online sports wagering, DraftKings expanded its offerings to include online sports betting and casino gaming. Currently, the company operates in 27 states for online or retail sports betting and in seven states for iGaming, reaching approximately 40% of Canada's population. In addition to its core gaming services, DraftKings designs and develops software for sports betting and casino gaming platforms, and it also manages a marketplace for non-fungible tokens.

Alan Ellingson

CFO, Finance

Geoff Scott

Senior Vice President, Product

Past deals in eSports

Picklebet

Series A in 2023
Picklebet is a social daily fantasy sports app that focuses on e-sports wagering. It provides an engaging platform where users can participate in peer-to-peer social betting, allowing them to create custom wagers and compete in skill-based challenges with friends. The app facilitates pool betting and head-to-head competitions, enabling users to share their bets and transfer winnings easily through their mobile devices. By catering to the growing interest in e-sports, Picklebet aims to enhance the experience for fans and participants alike.

Golden Nugget Online Gaming

Acquisition in 2021
Golden Nugget operates as both a luxury hotel and casino, and as an online gaming company. It provides a range of online gaming options, including Live Dealer and Live Casino Floor experiences, primarily within the regulated market of New Jersey. Customers can engage in their favorite casino games and place bets on live sports events. Additionally, Golden Nugget manages online gaming operations for certain third-party entities in New Jersey, generating revenue through royalties and cost reimbursement.

Draftstreet

Acquisition in 2014
Draftstreet.com is a destination where fantasy sports players can participate against anyone in the U.S., getting instant gratification on the various leagues they join by playing for cash. No longer do fantasy sports users have to play only against their friends and co-workers in private leagues, or go out and collect money if they had won a particular league. No longer does an injury to a first round pick ruin the whole fantasy season.Draftstreet.com has solved all of these and other shortcomings with this revolutionary product
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