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 where it competes. DraftKings is now live with online or retail sports betting in 28 states and i-gaming in 5 states, with both products available to around 40% of Canada's population. In 2024, sports revenue was 61% of total sales, i-gaming 32%, and fantasy and lottery 7%. The company plans to launch a predictive event platform in late 2025 and also operates a non-fungible token commission-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 2026
Employees
5,100
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