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THE GAME INSIDE THE GAME.


WE BELIEVE LIFE IS MORE FUN WHEN YOU HAVE SKIN IN THE GAME


Monthly Archives: June 2019

DraftKings Opens Second State-Of-The-Art Office Less Than One Year After The Legalization Of Sports Betting

New Office Space to Drive Company Growth, Economic Development in New Jersey

Hoboken, N.J. (June 25, 2019) – DraftKings today unveiled its new, 7,500-square-foot office space in Hoboken, New Jersey which features state-of-the-art technology including; Dashboards, Zoom Rooms, and a television wall.  The space will serve more than 50 employees.

“The first year of legalized sports betting in New Jersey exceeded all of our expectations and projections,” said DraftKings COO and Co-Founder Paul Liberman. “The new office space will allow us to increase our presence in the Garden State and bring even more innovation and offerings to our customers here. We’re looking forward to becoming a bigger part of the New Jersey tech scene as we grow our products, creating the best betting and daily fantasy experience in the market.”

DraftKings has seen a tremendous amount of success in New Jersey in the past year alone. The DraftKings Sportsbook app, which launched in the state last August, has taken in more than 17 million bets and paid out more than half a billion dollars in winnings. In addition to being the first-to-market mobile and online sportsbook in the state, DraftKings also opened a physical sportsbook at Resorts Casino & Hotel in Atlantic City.  

“Since the launch of our Sportsbook, we have seen an unprecedented amount of growth,” said Jamie Shea, DraftKings Head of Sportsbook Digital. “As we look to build on the success of our Sportsbook product even further, the new office will help us provide even better odds, content and rewards to the wonderful people of New Jersey and beyond.”

This will be the second new DraftKings office to open in 2019. The company unveiled a new, 105,000-square-foot headquarters in Boston’s Back Bay just last month. The new space in New Jersey takes design cues from the Boston headquarters and features state-of-the-art technology throughout.

ABOUT DRAFTKINGS

DraftKings is a global sports technology and entertainment company that believes life is more fun with skin in the game. Its mission is to bring fans closer to the games they love via a unique combination of daily fantasy sports, sports betting and media platforms that, combined, deliver “The Game Inside The Game.” Founded in 2012 by Matt Kalish, Paul Liberman and Jason Robins, DraftKings is headquartered in Boston, MA, and offers daily fantasy sports contests across 13 professional sports in 8 countries including the U.S., Canada, U.K. and Australia. Operating pursuant to state regulations in New Jersey and Mississippi, DraftKings Sportsbook mobile and retail, allows players in the state to engage in betting for major U.S. and international sports.

DRAFTKINGS MEDIA CONTACT:

media@draftkings.com

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DraftKings Hires New Chief Financial Officer

Jason Park Joins the Sports Technology and Entertainment Company from Bain Capital

BOSTON (June 24, 2019) – DraftKings Inc. announced today the hiring of new Chief Financial Officer Jason Park to help boost the company’s success, as more states in the U.S. begin to welcome sports betting and pass laws allowing for daily fantasy sports play. Park will also serve as a strategic advisor to CEO Jason Robins and senior management in navigating the operations that have helped DraftKings thrive since its founding in 2012. Tim Dent, who had been overseeing financial operations for the company since 2012 will transition fully into the role of Chief Compliance Officer.

“DraftKings has experienced exponential growth over the last year and we are excited to welcome someone of Jason’s caliber to the team,” said Robins. “Jason will step in and help accomplish our long-term financial goals. He has a track record of success around investments and acquisitions which will aid in the growth of our business and his world-class background in evolving and executing growth plans will make him invaluable to our organization.”

Park joins from Bain Capital Private Equity where he was an Operating Partner and focused on technology investments.  For more than 10 years, Park worked collaboratively with CEOs, CFOs, and management teams to develop and achieve growth plans.  Prior to Bain Capital, Jason spent eight years with McKinsey & Company.  Park holds an MBA from the Wharton School at the University of Pennsylvania and a MAcc (Master of Accountancy) and a BBA from the University of Michigan.

“I am thrilled to be joining DraftKings at this important inflection point for the company,” said Park.  “DraftKings has already established itself as a clear leader in the sports technology and entertainment arena and I look forward to working with this exceptional team to drive and capture the significant growth potential ahead.”

With Park taking over duties as CFO immediately, current CFO Tim Dent will transition to focus on his primary role as Chief Compliance Officer. Dent’s role will expand to include the oversight of all compliance, licensing, regulation and responsible gaming efforts. Furthermore, he will ensure compliance with all licensing requirements and uphold the vast number of consumer protection measures on the DraftKings platform. Dent will also drive partnerships with regulators as DraftKings continues to expand its product in the U.S. and international markets.   

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About DraftKings

DraftKings is a global sports technology and entertainment company that believes life is more fun with skin in the game. Its mission is to bring fans closer to the games they love via a unique combination of daily fantasy sports, sports betting and media platforms that, combined, deliver “The Game Inside The Game.” Founded in 2012 by Matt Kalish, Paul Liberman and Jason Robins, DraftKings is headquartered in Boston, MA, and offers daily fantasy sports contests across 13 professional sports in 8 countries including the U.S., Canada, U.K. and Australia. Operating pursuant to state regulations in New Jersey and Mississippi, DraftKings Sportsbook mobile and retail, allows players in the state to engage in betting for major U.S. and international sports. 

DraftKings Media Contact:

media@draftkings.com

DRAFTKINGS BRINGS DAILY FANTASY BACK TO ALABAMA

BOSTON (June 18, 2019) – DraftKings Inc. announced today that its daily fantasy sports products have returned to Alabama after the state passed legislation allowing DFS operators to offer fantasy contests for the first time in three years. Sports fans across the state are now free to join more than 11 million registered customers on the platform and experience DFS on DraftKings once again.

“We are constantly searching for ways to improve and innovate our products to ensure that we’re delivering what our customers want, which is evidenced in part by the industry-leading 13 different professional sports offered on our platform,” said Greg Karamitis, SVP of Fantasy Sports at DraftKings. “Over the last three years, DraftKings has continued to lead the way in the daily fantasy sports space, and we look forward to reestablishing ourselves as the premier DFS destination for fans in Alabama.”

In the time since DraftKings was last live and available in Alabama, the company has introduced multiple innovations to emphasize optimization of the customer experience for all skill levels, including:

-Establishing the Fair Play Commitment Initiative to ensure a level playing field by prohibiting top-earning or more experienced players from entering casual and beginner contests.

-DraftKings Leagues – The first ever platform where players can create fully-customizable, private contests just for their friends or colleagues

-Launching new and enhancing favorite game variants:

Showdown contests require players to draft a team from a single game, round or match all while staying under the designated salary cap. Showdown is particularly popular among fans for marquee events like the Super Bowl, College Football Playoff National Championship, World Series and more where fans around the globe tune in to watch the action unfold. For NFL and NBA contests, DraftKings also enables In-Game Showdown so fans can construct lineups for a portion of the game after it has begun.

Classic contests require participants to draft a team across multiple games by selecting players by position listed in the available Player Pool while remaining under the designated salary cap. Classic is a popular option for fans during regular season games.

To celebrate the momentous return to Alabama, DraftKings is offering eligible users who are residents of Alabama deposit bonus matches up to $25 and will also feature “Free Contest Friday” for $15K in total giveaways during the first three weeks from launch.

Sports fans in Alabama, more than 40 other U.S. states, and eight countries around the world can join the game inside the game today by either heading to www.draftkings.com or downloading the DraftKings app via iOS or Android.

About DraftKings

DraftKings is a global sports technology and entertainment company that believes life is more fun with skin in the game. Its mission is to bring fans closer to the games they love via a unique combination of daily fantasy sports, sports betting and media platforms that, combined, deliver “The Game Inside The Game.” Founded in 2012 by Matt Kalish, Paul Liberman and Jason Robins, DraftKings is headquartered in Boston, MA, and offers daily fantasy sports contests across 13 professional sports in 8 countries including the U.S., Canada, U.K. and Australia. Operating pursuant to state regulations in New Jersey and Mississippi, DraftKings Sportsbook mobile and retail, allows players in the state to engage in betting for major U.S. and international sports. 

DraftKings Media Contact:

media@draftkings.com

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DRAFTKINGS LAUNCHES WOMEN’S WORLD CUP FANTASY GAMES

Contests Live for the Opener Through Championship as Platform Expands to Reach Broader Audience

BOSTON, June 7, 2019 – For the first time ever, DraftKings will offer its innovative daily fantasy games for the 2019 FIFA Women’s World Cup, making women’s soccer the 13th DFS category for DraftKings, which continues to lead the pack in available sports among fantasy operators.  

“All eyes will be on the matches in France, and we are excited to offer soccer fans a more engaging way to enjoy the action,” said Matt Kalish, CRO and co-founder of DraftKings. “The passion of our fans informs our innovation and product roadmap, so for such a special event that only comes along every four years, we wanted to ensure our full complement of offerings would be at their fingertips.”

Fueling the DraftKings Women’s World Cup contests are the company’s data capabilities, which will source match and player information at every moment of play for fans to leverage in their daily fantasy selections. Customers can enjoy DraftKings Classic and Showdown modes for World Cup matches, constructing lineups of six players while staying within a $50,000 salary cap range and designating a “captain” slot that grants one player a bonus multiplier. Classic contests will require selecting players from more than one match, while Showdown contests must include players from each team in a single match.

In addition to the daily fantasy contests available in eight countries around the world – including the U.S., Canada, the U.K. and Australia – fans in New Jersey and Mississippi will be able to legally bet on the Women’s World Cup for the first time via DraftKings Sportsbook, with mobile only available in New Jersey.

To get in the game inside the game during the Women’s World Cup, players can either head to www.draftkings.com or download the DraftKings app via iOS and Android. 

About DraftKings

DraftKings is a global sports technology and entertainment company that believes life is more fun with skin in the game. Its mission is to bring fans closer to the games they love via a unique combination of daily fantasy sports, sports betting and media platforms that, combined, deliver “The Game Inside The Game.” Founded in 2012 by Matt Kalish, Paul Liberman and Jason Robins, DraftKings is headquartered in Boston, MA, and offers daily fantasy sports contests across 13 professional sports in 8 countries including the U.S., Canada, U.K. and Australia. Operating pursuant to state regulations in New Jersey and Mississippi, DraftKings Sportsbook mobile and retail, allows players in the state to engage in betting for major U.S. and international sports. 

DraftKings Media Contact:

media@draftkings.com