DraftKings is a publicly traded Boston-based daily fantasy sports contest and sports betting operator. Users can enter daily and weekly fantasy sports-related contests and promotions and win money based on individual player performances in the five major American sports, along with Premier League and UEFA Champions League soccer, NASCAR, Canadian Football League, MMA, and tennis. After the overturn of the Professional and Amateur Sports Protection Act (PASPA), which cleared the way for states to legalize online sports betting, the company launched DraftKings SportsBook in New Jersey in August 2018. As of February 2021, DraftKings Sportsbook is offered in 13 states across the United States, including New York, Illinois, Colorado, and Tennessee. The company has partnership agreements with several major sports leagues, including MLB and NFL, and sports media companies ESPN and Bleacher Report. As of September 2020, NBA Hall of Famer Michael Jordan became an investor and board advisor.
Gabby Jones—Bloomberg/Getty Images
Latest news for DraftKings
- FinanceMGM wants full control of BetMGM if partner Entain sells to DraftKings, CEO saysOctober 7, 2021 5:39 PM UTC
- SportsCan A.I. prevent gambling addiction? DraftKings target Entain thinks soSeptember 30, 2021 7:25 PM UTC
- FeaturesLeading Las Vegas: A British firm is upending America’s booming online sports gambling marketSeptember 28, 2021 2:14 PM UTC