DraftKings
About
DraftKings is a Boston-headquartered digital sports entertainment and gaming company best known for daily fantasy sports and its online sportsbook. Its products let customers build fantasy lineups, place sports bets and play online casino games in states where those activities are legal. The company’s website now also promotes DraftKings Predictions, a platform for prediction markets on sports and current events, where users trade on outcomes and follow live markets.
The company was founded in Boston in 2012 and grew from a daily fantasy sports startup into one of the largest sports betting operators in the United States after a 2018 Supreme Court decision allowed states to legalize sports wagering. It became a publicly traded company in 2020 and has kept its headquarters in Boston. Like its other products, the prediction markets platform is offered only in select states, so availability depends on where a customer is located.
What to Know
- DraftKings was co-founded by Jason Robins, Matt Kalish and Paul Liberman.
- The company’s shares trade on the Nasdaq under the ticker DKNG.
- Customers must meet the minimum age set by each state to play.
- DraftKings is listed with the Greater Boston Chamber of Commerce.
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