DraftKings, Inc. is a digital sports entertainment and gaming company, which engages in the provision of online sports betting, online casino, daily fantasy sports product offerings, DraftKings Marketplace, retail sportsbook, media, and other consumer product offerings. The company is headquartered in Boston, Massachusetts and currently employs 5,100 full-time employees. The company went IPO on 2019-07-03. The company provides users with online and retail sports betting (together, Sportsbook), online casino (iGaming) and daily fantasy sports product offerings, as well as digital lottery courier, media, and other product offerings. Sportsbook is live with mobile and/or retail sports betting operations pursuant to regulations in 28 states, Washington, D.C., and in Ontario, Canada. The company operates iGaming pursuant to regulations in five states and in Ontario, Canada under its DraftKings brand and pursuant to regulations in four states under its Golden Nugget Online Gaming brand. The company owns Jackpocket, a digital lottery courier app in the United States. The company is both an official daily fantasy and sports betting partner of the NFL, NHL, PGA TOUR, WNBA and UFC, as well as an official daily fantasy partner of NASCAR, an official sports betting partner of the NBA. The company also owns and operates DraftKings Network, a multi-platform content ecosystem.
Follow-Up Questions
Who is the CEO of Draftkings Inc?
Mr. Jason Robins is the Chairman of the Board of Draftkings Inc, joining the firm since 2020.
What is the price performance of DKNG stock?
The current price of DKNG is $29.44, it has decreased 3.68% in the last trading day.
What are the primary business themes or industries for Draftkings Inc?
Draftkings Inc belongs to Hotels, Restaurants & Leisure industry and the sector is Consumer Discretionary
What is Draftkings Inc market cap?
Draftkings Inc's current market cap is $14.6B
Is Draftkings Inc a buy, sell, or hold?
According to wall street analysts, 37 analysts have made analyst ratings for Draftkings Inc, including 12 strong buy, 24 buy, 6 hold, 0 sell, and 12 strong sell