# DraftKings Inc.

> DraftKings is a Boston-based digital sports entertainment and gaming company that turns live sports, casino games, fantasy contests, lottery access and prediction markets into mobile products. Its consumer business earns revenue from sportsbook hold, casino play and contest fees, while its vertically integrated technology stack, national brand and league relationships help it compete with FanDuel, BetMGM, Caesars and newer prediction exchanges.

- **Founded:** 2012
- **Headquarters:** Boston, United States
- **Founders:** Jason Robins (Co-founder, Chairman and CEO), Matt Kalish (Co-founder and President, DraftKings North America), Paul Liberman (Co-founder and President, Global Technology and Product)
- **Team size:** Approximately 5,500 employees
- **Products:** Daily Fantasy Sports, DraftKings Sportsbook, DraftKings Casino, Golden Nugget Online Casino, Jackpocket
- **Notable:** Launched daily fantasy sports in 2012 and signed its first league partnership with MLB in 2013., Became a publicly traded Nasdaq company under the ticker DKNG in April 2020 through a combination with Diamond Eagle and SBTech., Built a vertically integrated U.S.-focused sportsbook and online gaming platform.

## Products & services

- **Daily Fantasy Sports** — Paid and free contests in which customers draft athletes and compete on statistical performance; Pick6 adds a peer-to-peer picks format.
- **DraftKings Sportsbook** — Mobile and retail fixed-odds sports wagering, including live betting, parlays, player props and promotions in licensed jurisdictions.
- **DraftKings Casino** — Regulated online casino with slots, table games, live-dealer games and proprietary content.
- **Golden Nugget Online Casino** — An iGaming brand acquired to reach casino-first customers and broaden DraftKings' online casino portfolio.
- **Jackpocket** — A digital lottery courier that lets eligible customers order official state lottery tickets through an app or website.
- **DraftKings Predictions** — A prediction-markets product offering event contracts, supported by the acquired Railbird exchange and external liquidity relationships.
- **DraftKings Network** — A free sports and betting media network spanning live programming, podcasts, analysis and fantasy advice.
- **DraftKings Sports & Casino super app** — A planned unified experience designed to combine sportsbook, casino and adjacent products under one interface.

## Achievements

- Launched daily fantasy sports in 2012 and signed its first league partnership with MLB in 2013.
- Became a publicly traded Nasdaq company under the ticker DKNG in April 2020 through a combination with Diamond Eagle and SBTech.
- Built a vertically integrated U.S.-focused sportsbook and online gaming platform.
- Completed the acquisition of Golden Nugget Online Gaming in 2022.
- Completed the Jackpocket acquisition in May 2024 for total accounting consideration of about $773 million.
- Generated $6.0545 billion in fiscal 2025 revenue, up 27% year over year.
- Reported positive net income for fiscal 2025.
- Processed $53.6 billion in sportsbook handle during 2025.
- Launched DraftKings Predictions after acquiring Railbird Technologies in October 2025.
- Reached 4.8 million average monthly unique payers in the fourth quarter of 2025.

## Latest updates

- **2026-05** — DraftKings reported first-quarter revenue of $1.646 billion, up 17% year over year, and maintained 2026 revenue guidance of $6.5 billion to $6.9 billion.
- **2026-03** — At its investor day, the company outlined plans for a unified DraftKings Sports & Casino app and a larger investment in AI and Predictions.
- **2026-02** — DraftKings launched an online sportsbook in Puerto Rico and announced an expanded prediction-markets catalog through Crypto.com.
- **2026-02** — The company reported $6.0545 billion of 2025 revenue, positive net income and $53.6 billion of annual sportsbook handle.
- **2025-12** — DraftKings became ESPN's exclusive official sportsbook and odds provider under a multi-year agreement, with broader integration planned during 2026.
- **2025-10** — DraftKings completed its acquisition of Railbird Technologies, providing exchange infrastructure for its prediction-markets entry.

## Links

- Website: https://www.draftkings.com/
- LinkedIn: https://www.linkedin.com/company/draftkings-inc-
- Twitter/X: https://x.com/DraftKings
- YouTube: https://www.youtube.com/@DraftKings
- Instagram: https://www.instagram.com/draftkings/
- Facebook: https://www.facebook.com/draftkings
- TikTok: https://www.tiktok.com/@draftkings

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Profile page: https://yespress.io/draftkings-inc
Published by YesPress — https://yespress.io
Last updated: 2026-08-13