DraftKings Overview

  • Founded
  • 2012

Founded
  • Status
  • Public

  • Employees
  • 4,200

Employees
  • Stock Symbol
  • DKNG

Stock Symbol
  • Investments
  • 13

  • Share Price
  • $24.92

  • (As of Friday Closing)

DraftKings General Information

Description

DraftKings Inc is a digital sports entertainment and gaming company. The company provides users with daily fantasy sports (DFS), sports betting, and iGaming opportunities and is also involved in the design & development of sports betting and casino gaming platform software for online and retail sportsbook and casino gaming products. It operates in two segments: Business-to-consumer(B2C) and Business-to-Business(B2B), of which the vast majority of its revenue comes from the B2C segment. Geographically, it derives most of its revenue from the United States.

Contact Information

Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Entertainment Software
Stock Exchange
NAS
Primary Office
  • 222 Berkeley Street
  • Boston, MA 02116
  • United States

DraftKings Timeline

2020202120222023
Financing RoundCaptured Employee CountEstimated Employee Growth

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

DraftKings Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$24.92 $24.43 $10.52 - $26.41 $11.3B 462M 11.8M -$2.90

DraftKings Financials Summary

In Thousands,
USD
TTM 31-Mar-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020
EV 8,954,017 5,061,889 10,094,220 17,097,289
Revenue 2,592,908 2,240,461 1,296,025 614,532
EBITDA (1,218,200) (1,292,408) (1,398,463) (1,153,411)
Net Income (1,307,442) (1,377,987) (1,523,195) (1,231,835)
Total Assets 3,739,274 4,040,152 4,069,054 3,439,329
Total Debt 1,322,199 1,324,688 1,318,607 81,612
Public Fundamental Data provided by Morningstar, Inc. disclaimer

DraftKings Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

This information is available in the PitchBook Platform. To explore DraftKings‘s full profile, request access.

Request a free trial

DraftKings Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned

This information is available in the PitchBook Platform. To explore DraftKings‘s full profile, request access.

Request a free trial

DraftKings Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
DraftKings Inc is a digital sports entertainment and gaming company. The company provides users with daily fantasy sport
Entertainment Software
Boston, MA
4,200 As of 2022
00.000
000000000 00.000

000000

in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.
0000000 000 000000
Dublin, Ireland
00000 As of 0000
00.000
0000 00.000

0000 0

aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi
0000000 000 000000
Wyomissing, PA
00000 As of 0000
00.000
0.00 0000-00-00
00000000 00.000
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

DraftKings Competitors (10)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Flutter Entertainment Formerly PE-Backed Dublin, Ireland 00000 00.000 0000 00.000
0000 00000000 0000 Corporation Wyomissing, PA 00000 00.000 00000000 00.000
000000 Formerly VC-backed San Francisco, CA 000 00000 00000000 00000
000000 Corporation Atlanta, GA 00 000000000 -
0000 0000000000000 Venture Capital-Backed New York, NY 00 000.00 00000000000 000.00
You’re viewing 5 of 10 competitors. Get the full list »

DraftKings Patents

DraftKings Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-11574522-B1 Systems and methods for arranging interface elements based on broadcaster events Active 01-Mar-2022 00000000000 0
US-11622156-B1 Systems and methods for synchronizing client data structures with broadcaster events Active 01-Mar-2022 00000000000 0
US-11468743-B1 Slot machine game with negative bonus accumulator Active 28-Feb-2022 00000000000 0
US-20230133998-A1 Systems and methods for generating notification interfaces based on interactions with broadcast events Pending 29-Oct-2021 00000000000
US-20230137407-A1 Systems and methods for modifying broadcast interfaces based on detected broadcast events Pending 29-Oct-2021 H04N21/4882 0
To view DraftKings’s complete patent history, request access »

DraftKings Executive Team (38)

Name Title Board Seat Contact Info
Jason Robins Co-Founder, Chief Executive Officer & Chairman
Paul Liberman Co-Founder, President, Global Technology and Product, Board Member & Member of the Compliance Committee
Jason Park Chief Financial Officer
Travis Dunn Chief Technology Officer
Erik Bradbury Chief Accounting Officer
You’re viewing 5 of 38 executive team members. Get the full list »

DraftKings Board Members (23)

Name Representing Role Since
Colin Neville The Raine Group Board Observer 000 0000
Harry Sloan JD Self Vice Chairman 000 0000
Jason Robins DraftKings Co-Founder, Chief Executive Officer & Chairman 000 0000
Jocelyn Moore Self Board Member, Member of the Nominating and Corporate Governance Committee, Member of the Compliance Committee & Member of the Transaction Committee 000 0000
Marni Walden Self Board Member, Chair of the Nominating and Corporate Governance Committee, Chair of the Compliance Committee & Member of the Transaction Committee 000 0000
You’re viewing 5 of 23 board members. Get the full list »

DraftKings Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

DraftKings Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

This information is available in the PitchBook Platform. To explore DraftKings‘s full profile, request access.

Request a free trial

DraftKings Investments & Acquisitions (13)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000000 000000 05-May-2022 0000000000 00000 Hotels and Resorts 00000 000
000000000000 21-Oct-2021 00000 0000 000 Entertainment Software
00000000 0000 10-Aug-2021 0000000000 Internet Software
00000000000 14-Jul-2021 00000 0000 0000 Business/Productivity Software
BlueRibbon 01-Apr-2021 Merger/Acquisition 000.00 Entertainment Software 0000 0000
You’re viewing 5 of 13 investments and acquisitions. Get the full list »

DraftKings Subsidiaries (5)

Company Name Industry Location Founded
Scarcity Labs Internet Software Toronto, Canada 2020
0000000000 Entertainment Software Ta'Xbiex, Malta 0000
0000 Broadcasting, Radio and Television Las Vegas, NV 0000
000000 Entertainment Software Malta 0000
000000 000000 Hotels and Resorts Las Vegas, NV 0000
To view DraftKings’s complete subsidiaries history, request access »

DraftKings ESG

Risk Overview

Risk Rating

Updated July, 02, 2022

31.55 | High Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.0

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 15,556

Rank

00.00

Percentile

Media

Industry

00 of 488

Rank

00.00

Percentile

Movies and Entertainment

Subindustry

00 of 86

Rank

00.00

Percentile

To view DraftKings’s complete esg history, request access »