@draftkings.com
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About
Description
DraftKings is a leading fantasy sports and sports betting company that was founded in 2012. The company is headquartered in Boston, Massachusetts, with additional offices in New York City, New Jersey, and various other locations around the world. DraftKings offers a range of products and services in the fantasy sports and sports betting industries.
Their main product is the DraftKings daily fantasy sports platform, which allows users to participate in daily and weekly fantasy sports contests across a variety of professional sports leagues, including football, basketball, baseball, and soccer. Users can assemble their own virtual teams of real-world athletes and earn points based on their performance in actual games. DraftKings also offers sports betting services in states where it is legal, allowing users to bet on a wide range of sports and events.
On a global scale, DraftKings operates primarily in the United States, where it is a dominant player in the fantasy sports and sports betting markets. The company has expanded its operations internationally, particularly focusing on the European market. As of now, DraftKings has not announced any noteworthy subsidiaries, joint ventures, or partnerships.
In terms of market position, DraftKings is considered one of the leaders in the fantasy sports and sports betting industries. With a large user base and a strong brand presence, the company has established itself as a significant player in the market. However, it faces stiff competition from other companies in the same space, such as FanDuel and BetMGM.
One major achievement for DraftKings was its initial public offering (IPO) in 2020, which resulted in the company becoming a publicly traded entity on the Nasdaq stock exchange. This move allowed DraftKings to raise significant capital and further expand its operations. As of the latest updates, DraftKings has continued to experience growth and success.
The company has actively pursued partnerships with professional sports leagues and teams to enhance its brand and reach. Additionally, DraftKings has expanded its offerings to new markets and continues to innovate in the fantasy sports and sports betting space. Overall, DraftKings remains a major player in the industry, constantly evolving to meet the demands and expectations of its users
Company Type
Public Company
Company Size
1001-5000
Year Founded
2012
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