DraftKings

OverviewSuggest Edit

DraftKings is a digital sports entertainment and gaming company. The company's core product is a 1-day Fantasy Sports Contest, where users compete against each other to win cash prizes. The company offers daily fantasy sports contests and same-day settlement.

TypePublic
Founded2012
HQBoston, MA, USMap
Websitedraftkings.com
Employee Ratings4.4More
Overall CultureCMore
View Jobs (178)

Recent NewsAll News

Latest Updates

Employees (est.) (May 2020)984(+7%)
Job Openings178
Revenue (FY, 2020)$614.5 M
Share Price (Jul 2021)$48.9(+7%)
Cybersecurity ratingCMore

Key People/Management at DraftKings

Jason Robins

Jason Robins

Chief Executive Officer, Co-founder
Matt Kalish

Matt Kalish

President, DraftKings North America, Co-founder
Paul Liberman

Paul Liberman

President, Global Technology and Product, Co-founder
Travis Dunn

Travis Dunn

Chief Technology Officer
Jason Park

Jason Park

Chief Finance Officer
Graham Walters

Graham Walters

Chief People Officer
Show more

DraftKings Office Locations

DraftKings has offices in Boston, San Francisco, Ta' Xbiex and London
Boston, MA, US (HQ)
222 Berkeley St
San Francisco, CA, US
95 3rd St, San Francisco
Ta' Xbiex, MT
Level 5, Quantum House, 75 Triq l-Abate Rigord
London, GB
15 Ingestre Pl, Soho
Show all (4)

DraftKings Financials and Metrics

DraftKings Revenue

DraftKings's revenue was reported to be $614.53 m in FY, 2020
USD

Revenue (FY, 2020)

614.5m

Gross profit (FY, 2020)

267.9m

Gross profit margin (FY, 2020), %

43.6%

Net income (FY, 2020)

(1.2b)

EBIT (FY, 2020)

(843.3m)

Market capitalization (21-Jul-2021)

19.4b

Closing stock price (21-Jul-2021)

48.9

Cash (31-Dec-2020)

1.8b

EV

17.7b
DraftKings's current market capitalization is $19.4 b.
Annual
USDFY, 2020

Revenue

614.5m

Cost of goods sold

346.6m

Gross profit

267.9m

Gross profit Margin, %

44%
Quarterly
USDQ2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

70.9m

Cost of goods sold

47.3m

Gross profit

23.6m

Gross profit Margin, %

33%
show all
Annual
USDFY, 2019FY, 2020

Cash

491.2k1.8b

Accounts Receivable

44.5m

Prepaid Expenses

319.2k14.6m

Current Assets

810.5k2.2b
Quarterly
USDQ2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

1.1m870.9k157.8k1.2b

Accounts Receivable

35.1m

Prepaid Expenses

327.7k280.6k93.3k24.7m

Current Assets

1.5m1.2m251.1k1.5b
show all
Annual
USDFY, 2019FY, 2020

Net Income

(1.2b)

Depreciation and Amortization

77.4m

Accounts Payable

103.6m

Cash From Operating Activities

(337.9m)
Quarterly
USDQ1, 2020Q2, 2020

Net Income

479.4k(230.1m)

Depreciation and Amortization

23.4m

Accounts Payable

2.2k11.7m

Cash From Operating Activities

(736.9k)(135.0m)
show all
USDQ2, 2019

Financial Leverage

80.5 x
Show all financial metrics

Human Capital Metrics

Source: www.deartechpeople.com
Embed Graph
Show all human capital metrics

DraftKings Cybersecurity Score

Cybersecurity ratingPremium dataset

C

73/100

Learn more about our premium products
SecurityScorecard logo

DraftKings Online and Social Media Presence

DraftKings's Trends

Embed Graph

DraftKings Company Culture

  • Overall Culture

    C

    72/100

  • CEO Rating

    C

    70/100

  • Compensation

    F

    40/100

Learn more on Comparably

DraftKings News and Updates

July 21, 2021

DraftKings shares plans for launch of NFT collectibles marketplace

DraftKings is charging into the NFT game, announcing a marketplace aimed at curating sports and entertainment-themed digital collectibles for its audience of enthusiasts. The platform is “debuting later this summer,” and showcases another potentially lucrative expansion for the fantasy sports bettin…
July 21, 2021

Thinking about trading options or stock in Draftkings, American Airlines, Netflix, AstraZeneca, or Seagate Technology?

NEW YORK, July 21, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for DKNG, AAL, NFLX, AZN, and STX. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different...
July 21, 2021

Tom Brady's NFT platform partners with DraftKings and Lionsgate to offer sports and entertainment-themed digital collectibles

Summary List PlacementAutograph, the NFT platform co-founded by NFL quarterback Tom Brady, announced Tuesday that it is partnering with fantasy sports website DraftKings and entertainment firm Lionsgate to offer sports and entertainment-themed digital collectibles. The platform will officially lau…
July 21, 2021

DraftKings to launch NFT marketplace

Shares of DraftKings Inc. shot up 3.2% in premarket trading Wednesday, after the esports and gaming company announced plans to launch DraftKings Marketplace, which will offer non-fungible tokens (NFTs) and will support secondary market transactions. DraftKings Marketplace will be the exclusive dist…
July 21, 2021

DraftKings Marketplace to Launch as NFT Ecosystem and Exchange

Company Becomes the Exclusive Seller of Sports-Related NFTs From Autograph’s Officially Licensed Talent Roster
July 20, 2021

Kessler Topaz Meltzer & Check, LLP Announces a Securities Fraud Class Action Filed Against DraftKings Inc. f/k/a Diamond Eagle Acquisition Corp. – DKNG

RADNOR, Pa., July 20, 2021 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP announces that a securities fraud class action lawsuit has been filed in the United States District Court for the Southern District of New York against DraftKings Inc. f/k/a Diamond Eagle Acquisit…
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 DraftKings Frequently Asked Questions

  • When was DraftKings founded?

    DraftKings was founded in 2012.

  • Who are DraftKings key executives?

    DraftKings's key executives are Jason Robins, Matt Kalish and Paul Liberman.

  • How many employees does DraftKings have?

    DraftKings has 984 employees.

  • What is DraftKings revenue?

    Latest DraftKings annual revenue is $614.5 m.

  • What is DraftKings revenue per employee?

    Latest DraftKings revenue per employee is $624.5 k.

  • Who are DraftKings competitors?

    Competitors of DraftKings include FanDuel, Raging River and Lucra Sports.

  • Where is DraftKings headquarters?

    DraftKings headquarters is located at 222 Berkeley St, Boston.

  • Where are DraftKings offices?

    DraftKings has offices in Boston, San Francisco, Ta' Xbiex and London.

  • How many offices does DraftKings have?

    DraftKings has 4 offices.