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 CultureA-More
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Recent NewsAll News

Latest Updates

Employees (est.) (May 2020)984(+7%)
Share Price (Jan 2021)$53.2 (+4%)
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
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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

USD

Revenue (Q2, 2020)

70.9m

Gross profit (Q2, 2020)

23.6m

Gross profit margin (Q2, 2020), %

33.3%

Net income (Q2, 2020)

(161.4m)

EBIT (Q2, 2020)

(160.4m)

Market capitalization (20-Jan-2021)

20.8b

Closing stock price (20-Jan-2021)

53.2

Cash (30-Jun-2020)

1.2b
DraftKings's current market capitalization is $20.8 b.
USDQ2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

70.9m

Cost of goods sold

47.3m

Gross profit

23.6m

Gross profit Margin, %

33%
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Annual
USDFY, 2019

Cash

491.2k

Prepaid Expenses

319.2k

Current Assets

810.5k

Total Assets

404.8m
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
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Annual
USDFY, 2019

Long-term Borrowings

(60.7k)
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)
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USDQ2, 2019

Financial Leverage

80.5 x
Show all financial metrics

Human Capital Metrics

Source: www.deartechpeople.com
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DraftKings Cybersecurity Score

Cybersecurity ratingPremium dataset

C

77/100

Learn more about our premium products
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DraftKings Online and Social Media Presence

DraftKings's Trends

Embed Graph

DraftKings Company Culture

  • Overall Culture

    A-

    82/100

  • CEO Rating

    A+

    90/100

  • Compensation

    A

    84/100

Learn more on Comparably

DraftKings News and Updates

January 20, 2021

DraftKings stock rallies after Morgan Stanley turns bullish

Shares of DraftKings Inc. rallied 2.2% in morning trading Wednesday, after Morgan Stanley analyst Thomas Allen turned bullish on the online sports betting company, citing a much bigger than expected total available market (TAM) for the iGaming industry. Allen said sports betting and iGaming revenue…
January 19, 2021

DraftKings Mobile Sportsbook and iGaming to Arrive in Michigan on January 22nd

Marks First New Market Mobile Launch of 2021 Through Deal With Bay Mills Resort and Casino Marks First New Market Mobile Launch of 2021 Through Deal With Bay Mills Resort and Casino
January 19, 2021

Here are Tuesday's biggest analyst calls of the day: Facebook, Tesla, DraftKings, Peloton & more

Here are the biggest calls on Wall Street on
January 19, 2021

Bleacher Report and DraftKings to Unveil Exclusive Super Bowl LV Prop Bets Show – B/R Drop Zone: DraftKings Big Game Prop Reveal

New Original Concept Gives Football Fans First Look at 2021 Props through Expert Analysis, Interactive Segments, Giveaways and More New Original Concept Gives Football Fans First Look at 2021 Props through Expert Analysis, Interactive Segments, Giveaways and More
January 10, 2021

These stocks are Loop Capital Markets' best ideas for 2021 including DraftKings and Paypal

Loop's inaugural 2020 best ideas outperformed the S&P 500 by 4%, generating an average return of 20%.
January 08, 2021

The Drone Racing League and DraftKings Take Flight with Official Sports Betting Agreement Ahead of Season Finale Races

NEW YORK and BOSTON, Jan. 8, 2021 /PRNewswire/ -- The Drone Racing League (DRL), the global, professional drone racing property, today announced a deal with DraftKings Inc. (Nasdaq: DKNG) to make the sports technology and entertainment company an Official Sports Betting Partner of DRL....
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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.

  • Who are DraftKings competitors?

    Competitors of DraftKings include FanDuel, JetSynthesys and Oh BiBi.

  • 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.