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Category Archives: Press Release

DRAFTKINGS ESTABLISHES COAST-TO-COAST PRESENCE WITH NEW SAN FRANCISCO OFFICE

San Francisco Space Marks Fifth DraftKings Office Location Nationally

BOSTON, MA (February 27, 2020) – Today, DraftKings announced the official opening of its new San Francisco office, furthering the company’s West Coast presence alongside its most recent opening in Las Vegas. Boasting 4,750 square-feet, the new space marks DraftKings’ third office opening since unveiling its Boston headquarters nearly one year ago. DraftKings has opened state-of-the-art offices in Hoboken, New Jersey, and Las Vegas, Nevada, in the last 10 months.  

“Among the iconic sports teams and landmarks, San Francisco is an ideal combination of design, culture and technology,” said Matt Kalish, Co-Founder and President, DraftKings North America. “Our committed, in-house marketing team could not be more excited to channel the spirit of the Bay Area in establishing DraftKings as an influential fixture of the West Coast as we continue to provide sports fans with the ultimate in creative sports-entertainment content.”

Occupying the entire fourth floor on Sutter Street in downtown San Francisco, the brand-new office is decked out in DraftKings’ branding and floor-to-ceiling murals of some of the region’s most iconic views and athletes, including the Golden Gate Bridge and Golden State Warriors’ Steph Curry. Made possible through DraftKings’ introductory collaboration with Knotel, a flexible workspace platform, the new space will house top talent with experience and expertise in the tech industry, as well as DraftKings’ marketing personnel.

Since October 2018, DraftKings has experienced immense internal growth. The company has seen a 40% increase in its company headcount and recently announced a 20,000-square-foot expansion of its Boston global headquarters and has taken additional space in the city to accommodate their rapidly growing Boston-based team. DraftKings continues to meet user demand through employee-base expansion as new states join the legal sports betting community. 

For a complete list of where DraftKings’ Sportsbook product is offered, click here. Both DraftKings sportsbook and DFS apps are also downloadable for iOS and Android here.

About DraftKings 

DraftKings is a U.S.-based digital sports entertainment and gaming company created to fuel the competitive spirits of sports fans with offerings that range across daily fantasy, regulated gaming, and digital media. Headquartered in Boston, and founded in 2012 by Jason Robins, Matt Kalish and Paul Liberman, DraftKings’ daily fantasy product is available in 8 countries internationally with 15 distinct sport categories. Launched in 2018, DraftKings Sportsbook offers mobile and retail betting for major national and global sports, and currently operates pursuant to state regulations in Indiana, Iowa, Mississippi, New Hampshire, New Jersey, New York, Pennsylvania and West Virginia. DraftKings is the Official Daily Fantasy Partner of the NFL and PGA Tour as well as an Authorized Gaming Operator of the MLB, NBA and XFL.

DraftKings Media Contact:

media@draftkings.com

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DRAFTKINGS, XFL ANNOUNCE LEAGUE PARTNERSHIP DEAL

Expands Offerings for Daily Fantasy and Sports Betting Customers Alike

BOSTON, MA – [February 5th, 2020] – Today, DraftKings Inc. and the XFL announced a new partnership that makes DraftKings an Official Daily Fantasy Sports Partner and an Authorized Gaming Operator of the league. Over the course of a cumulative 12-week season including the XFL’s regular season and postseason, DraftKings players will have a unique and exciting way to engage with the new professional football league’s fast-paced and up-tempo style of play.

Starting with the kickoff to the XFL 2020 season on February 8th, DraftKings customers in permitted states will be able to place a variety of bets and draft daily fantasy lineups on the eight-team XFL using the industry-leading DraftKings platforms.  

“The XFL is an innovative, fan-first league and DraftKings shares a mutual commitment to delivering a top-notch gaming experience to sports fans across the board,” said Ezra Kucharz, chief business officer at DraftKings. “We are confident that through this collaborative partnership, our highly engaged customer base will enjoy betting on the XFL and playing in XFL Daily Fantasy Sports contests. We look forward to the start of the season this Saturday.” 

With all games airing nationally on ABC, ESPN, and FOX Sports, the XFL 2020 season will feature two four-team divisions and eight highly-anticipated rosters of players and coaches including former Carolina Panthers running back Cameron Artis-Payne, former Michigan State quarterback Connor Cook, as well as former Oklahoma Sooners legendary head coach Bob Stoops. The season will conclude with a championship game on April 26. 

“We want what our fans want, and millions of football fans have made fantasy and legal wagering an essential part of their football experience,” said Jeffrey Pollack, President and COO of the XFL. “DraftKings is a leader in this space and shares our commitment to giving fans more ways to connect to the game we all love. This partnership is another great way to broaden our reach and introduce our new league.”

As an Official Daily Fantasy Sports Partner and Authorized Gaming Operator of the XFL, DraftKings will have the ability to integrate XFL marks, logos, and player imagery into its gaming platforms and marketing promotions, contributing to an authentic look and feel that DraftKings users have come to expect and appreciate.

All DraftKings Sportsbook and Daily Fantasy offerings in permitted states, including the XFL, are available for mobile download on both iOS and Android.  

For more information about the XFL, visit XFL.com and follow us on Twitter, Facebook, and Instagram.

About DraftKings

DraftKings is a U.S.-based digital sports entertainment and gaming company created to fuel the competitive spirits of sports fans with offerings that range across daily fantasy, regulated gaming, and digital media. Headquartered in Boston, and founded in 2011 by Jason Robins, Matt Kalish and Paul Liberman, DraftKings’ daily fantasy product is available in 8 countries internationally with 15 distinct sport categories. Launched in 2018, DraftKings Sportsbook offers mobile and retail betting for major national and global sports, and currently operates pursuant to state regulations in Indiana, Iowa, Mississippi, New Hampshire, New Jersey, New York, Pennsylvania, and West Virginia. DraftKings is the Official Daily Fantasy Partner of the NFL and PGA Tour as well as an Authorized Gaming Operator of the MLB and NBA.


DRAFTKINGS OPENS NEW OFFICE IN LAS VEGAS

Boston Headquarters Serves as Inspiration for New State-of-the-Art Space

LAS VEGAS (January 15, 2020) – DraftKings today opened its new, near-300 employee office in Las Vegas, as it continues to experience rapid growth. The entire office will be customized from floor plan to DraftKings-branded design, providing employees with collaborative work spaces, as well as access to a variety of workstations, enclosed offices, conference rooms, phone booths, private lounge areas and more.

“From our humble origins less than a decade ago, out of a Massachusetts spare bedroom, it is both thrilling and surreal to now have Las Vegas join DraftKings’ team of offices,” said Matt Kalish, co-founder and president, DraftKings North America. “This new space further exemplifies our continued investment in the success of our company and employees as we establish our technological prowess within one of the world’s top entertainment destinations.”

DraftKings has seen tremendous growth as the company continues to innovate and expand in its product offerings and launch its coveted sports-betting platform in new states. Since October 2018, DraftKings has seen a 40% increase in its company headcount. DraftKings also recently announced a 20,000-square-foot expansion of its Boston global headquarters and has taken additional space in the city to accommodate their rapidly growing Boston-based team. DraftKings’ sports-betting app launched in New Jersey in of August 2018 and has since expanded into Pennsylvania, Indiana, New Hampshire and West Virginia. Additionally, DraftKings operates physical retail sportsbooks in New Jersey, New York, Iowa, and Mississippi.

The new Las Vegas location will house teams dedicated to customer experience, fraud, casino, sportsbook traders, HR and IT among others. DraftKings also recently announced the company will be going public and has entered into a business combination agreement with Diamond Eagle Acquisition Company and SBTech. Upon close, the new company is poised to become the only vertically integrated U.S.-based sports betting operator playing a central role in sports betting and online gaming.

About DraftKings

DraftKings is a U.S.-based digital sports entertainment and gaming company created to fuel the competitive spirits of sports fans with offerings that range across daily fantasy, regulated gaming, and digital media. Headquartered in Boston, and founded in 2012 by Jason Robins, Matt Kalish and Paul Liberman, DraftKings’ daily fantasy product is available in 8 countries internationally with 15 distinct sport categories. Launched in 2018, DraftKings Sportsbook offers mobile and retail betting for major national and global sports, and currently operates pursuant to state regulations in Indiana, Iowa, Mississippi, New Hampshire, New Jersey, New York, Pennsylvania and West Virginia. DraftKings is the Official Daily Fantasy Partner of the NFL and PGA Tour as well as an Authorized Gaming Operator of the MLB and NBA.

DraftKings Media Contact:

media@draftkings.com

DraftKings to Become Public Company, Creating the Only Vertically-Integrated U.S.-based Sports Betting and Online Gaming Company

DraftKings, Diamond Eagle Acquisition Corp. and SBTech Enter Business Combination Agreement

Institutional Investors Commit to Invest $304 million at Closing

DraftKings CEO and Co-Founder Jason Robins to lead combined company

Investor Call Scheduled for Monday, December 23 at 11AM ET

BOSTON and LOS ANGELES – DECEMBER 23, 2019 – DraftKings Inc. (“DraftKings”), a digital sports entertainment and gaming company known for its industry-leading daily fantasy sports and mobile sports betting platforms, has entered into a definitive business combination agreement with Diamond Eagle Acquisition Corp. (Nasdaq: DEAC) (“Diamond Eagle”), a publicly traded special purpose acquisition company, and SBTech, an international turnkey provider of cutting-edge sports betting and gaming technologies.

The combined company will become the only vertically-integrated pure-play sports betting and online gaming company based in the United States. The transaction is expected to close in the first half of 2020. In connection with the closing of the transaction, Diamond Eagle intends to change its name to DraftKings Inc., reincorporate in Nevada and remain Nasdaq-listed under a new ticker symbol.

“The combination of DraftKings’ leading and trusted brand, deep focus on customer experience and data science expertise and SBTech’s highly innovative and proven technology platform creates a vertically-integrated powerhouse,” said Jason Robins co-founder and CEO of DraftKings. “I look forward to building significantly upon our goals of continuing our state-by-state rollout and creating the most entertaining and engaging customer experiences for sports fans globally.”

The new DraftKings will continue to be led by co-founder and CEO Jason Robins and will retain DraftKings’ highly experienced management team, including co-founders Paul Liberman and Matt Kalish.  The SBTech management team who bring a wealth of international markets, trading and risk management experience will also be integrated into the organization.

Institutional investors (including funds managed by Capital Research and Management Company, Wellington Management Company and Franklin Templeton) have committed to a private investment of $304 million in Class A common stock of the combined company that will close concurrently with the business combination and, subject to any redemptions by DEAC stockholders, there is $400 million currently held in Diamond Eagle’s trust account. It is anticipated that the combined company will have an equity market capitalization at closing of approximately $3.3 billion and have over $500 million of unrestricted cash on the balance sheet.

“We are pleased to bring DraftKings and SBTech together as one public company,” said Harry E. Sloan, Founding Investor of Diamond Eagle. “DraftKings is already a premier online fantasy sports and betting platform.  With the full integration of SBTech’s technology and innovative product expertise coupled with the right capitalization, DraftKings will be in a great position to continue its ambitious expansion plans in the United States. I have known Jason Robins for four years, and consider him a true entrepreneur.  I believe our investors share my utmost respect for his vision and leadership.”

DraftKings Brand Highlights

  • Since becoming the first mobile operator to launch in New Jersey in August 2018, DraftKings has consistently maintained greater than 30% online market share, and for the nine months ended September 30, 2019, the company recorded 8.5x year-over-year revenue growth in the state. DraftKings currently offers mobile and online sports betting in Indiana, New Jersey, Pennsylvania and West Virginia, and retail locations in Iowa, Mississippi, New Jersey and New York.
  • DraftKings’ daily fantasy sports product is available in 43 states and 8 international markets including Australia, Canada and the U.K., has approximately 60% market share and leverages its customer acquisition and cross-selling model for its sportsbook and iGaming offerings.
  • DraftKings established a “one-platform” model by launching features like single sign-on, an integrated wallet and universal user profile, that allows a user to move seamlessly between a DFS contest, a sports wager and a hand of blackjack, enabling the company to quickly bring to market new offerings without reinventing the wheel of an entirely new back-end infrastructure.

SBTech Highlights

  • SBTech is a premier global full-service B2B turnkey technology provider with omni-channel sports betting solutions, trading services, and marketing and bonus tools powering some of the world’s most popular sports betting and online gaming brands.
  • 50+ partners in 20+ regulated markets and jurisdictions including Czech Republic, Denmark, Ireland, Italy, Mexico, Portugal, Spain, Sweden, and U.K. and Arkansas, Indiana, Mississippi, New Jersey, Oregon and Pennsylvania in United States.
  • Awarded exclusive contract offering mobile and retail sports betting for the Oregon state lottery with their Oregon Lottery Scoreboard brand.

“The combination of DraftKings and SBTech brings together two tech-native companies with the customer at their cores,” said Gavin Isaacs, SBTech’s Chairman. “SBTech will maintain its core business and continue its B2B focus. We are excited about the opportunity to join a company with a similar innovation DNA and create a unique and differentiated player in global sports betting and online gaming.”

Key Transaction Terms

The respective boards of directors or managers, as applicable, of DraftKings, SBTech and Diamond Eagle have unanimously approved the proposed business combination. Completion of the proposed business combination is expected in the first half of 2020.  The transaction will be effected pursuant to the terms and conditions of the Business Combination Agreement entered into by DraftKings, SBTech, and Diamond Eagle, and the other parties thereto, which contains customary closing conditions, including the registration statement being declared effective by the Securities and Exchange Commission (“SEC”), approval by the shareholders or members, as applicable, of DraftKings and SBTech (each of which has been obtained) and the stockholders of Diamond Eagle, and certain regulatory approvals.

Goldman Sachs is acting as exclusive financial advisor to Diamond Eagle. Raine Group is acting as exclusive financial advisor to DraftKings. Sullivan & Cromwell LLP is acting as legal advisor to DraftKings. Winston & Strawn LLP is acting as legal advisor to Diamond Eagle. Stifel is acting as financial advisor and Herzog, Fox & Neeman and Skadden, Arps, Slate, Meagher & Flom LLP are acting as legal advisors to SBTech. Goldman Sachs and Credit Suisse are acting as private placement agents to Diamond Eagle.

Conference Call and Webcast Information

Investors may listen to a pre-recorded call regarding the proposed business combination at 11:00 am EST on December 23, 2019. The live call may be accessed by dialing (877) 451-6152 for domestic callers or (201) 389-0879 for international callers. Once connected with the operator, please provide the conference ID of “13697668.”

A replay of the call will also be available from 2:00 pm EST on December 23, 2019 to 11:59 pm EST on December 30th 2019. To access the replay, the domestic toll-free access number is (844) 512-2921 and participants should provide the conference ID of “13697668.”

Please visit Diamond Eagle’s website http://eagleinvestmentpartners.com/ to access the webcast.

On the call, the presenters will be reviewing an investor presentation, which will be available on Diamond Eagle’s website and filed with the SEC as an exhibit to a Current Report on Form 8-K prior to the call, and available on the SEC website at www.sec.gov.

Additional Information about the Business Combination and Where to Find It

In connection with the proposed business combination, DEAC NV Merger Corp., a subsidiary of Diamond Eagle and the going-forward public company to be renamed DraftKings Inc. at closing (“New DraftKings”), intends to file a registration statement on Form S-4 (the “Registration Statement”) with the SEC, which will include a proxy statement/prospectus, and certain other related documents, to be used at the meeting of stockholders to approve the proposed business combination. INVESTORS AND SECURITY HOLDERS OF DIAMOND EAGLE ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS, ANY AMENDMENTS THERETO AND OTHER RELEVANT DOCUMENTS THAT WILL BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT DRAFTKINGS, SBTECH, DIAMOND EAGLE AND THE BUSINESS COMBINATION.  The definitive proxy statement will be mailed to shareholders of Diamond Eagle as of a record date to be established for voting on the proposed business combination. Investors and security holders will also be able to obtain copies of the Registration Statement and other documents containing important information about each of the companies once such documents are filed with the SEC, without charge, at the SEC’s web site at www.sec.gov,or by directing a request to: Diamond Eagle Acquisition Corp., 2121 Avenue of the Stars, Suite 2300, Los Angeles, California, Attention: Eli Baker, President, Chief Financial Officer and Secretary, (310) 209-7280.

Participants in the Solicitation

Diamond Eagle and its directors and executive officers may be deemed participants in the solicitation of proxies from Diamond Eagle’s shareholders with respect to the business combination. A list of the names of those directors and executive officers and a description of their interests in Diamond Eagle is contained in the final prospectus for Diamond Eagle’s initial public offering, which was filed with the SEC on May 14, 2019, and is available free of charge at the SEC’s web site at www.sec.gov, or by directing a request to Diamond Eagle Acquisition Corp., 2121 Avenue of the Stars, Suite 2300, Los Angeles, California, Attention: Eli Baker, President, Chief Financial Officer and Secretary, (310) 209-7280. Additional information regarding the interests of such participants will be set forth in the Registration Statement for the proposed business combination when available.

Each of DraftKings and SBTech and its directors and executive officers may also be deemed to be participants in the solicitation of proxies from the shareholders of Diamond Eagle in connection with the proposed business combination. A list of the names of such directors and executive officers and information regarding their interests in the business combination will be contained in the Registration Statement for the business combination when available.

About DraftKings

DraftKings is a U.S.-based digital sports entertainment and gaming company created to fuel the competitive spirits of sports fans with offerings that range across daily fantasy sports, sports betting and regulated gaming. Founded in 2011 by Jason Robins, Matt Kalish and Paul Liberman, DraftKings’ daily fantasy sports product is available in 8 countries internationally with 15 distinct sport categories. Launched in 2018, DraftKings Sportsbook offers mobile and retail betting for major national and global sports, and currently operates pursuant to state regulations in Indiana, Iowa, Mississippi, New Jersey, New York, Pennsylvania and West Virginia. DraftKings is the Official Daily Fantasy Partner of the NFL and PGA Tour as well as an Authorized Gaming Operator of the MLB and NBA. Headquartered in Boston, DraftKings holds offices across the country including Las Vegas, New Jersey, New York, and San Francisco.

About SBTech

SBTech is a global leader in omni-channel sports betting and gaming, with more than 1,200 employees in 10 offices worldwide. Since 2007, the group has developed the industry’s most powerful online sports betting and casino platform, serving licensees in more than 15 regulated territories. SBTech’s clients include many of the world’s premier betting and gaming operators, state lotteries, land-based casinos, horse racing companies, and iGaming start-ups. The group supplies highly flexible betting and gaming solutions to clients looking for exceptional configurability and the quickest route to market, complemented by proven business intelligence and reporting capabilities. The SBTech offering includes its seamless sportsbook, Chameleon360 igaming platform, managed services, on-property sportsbook and omni-channel solutions that provide players with constant access to sports and casino products across all online, mobile and retail channels. Supported by unrivalled expertise in trading and risk management, acquisition and CRM, and the highest standards of regulatory compliance, SBTech’s partners consistently achieve rapid growth, enhanced brand loyalty and record revenues.

About Diamond Eagle Acquisition Corp.

Founded by media executive Jeff Sagansky and founding investor Harry Sloan, Diamond Eagle Acquisition Corp. was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Forward-Looking Statements

Certain statements made in this release are “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Diamond Eagle’s, DraftKings’ or SBTech’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include the inability to complete the business combination (including due to the failure to receive required shareholder approvals, failure to receive approvals or other determinations from certain gaming regulatory authorities, or the failure of other closing conditions); the inability to recognize the anticipated benefits of the proposed business combination; the inability to obtain or maintain the listing of the New DraftKings’ shares on Nasdaq following the business combination; costs related to the business combination; the risk that the business combination disrupts current plans and operations as a result of the announcement and consummation of the business combination; New DraftKings’ ability to manage growth; New DraftKings’ ability to execute its business plan and meet its projections; potential litigation involving Diamond Eagle, DraftKings, SBTech, or after the closing, New DraftKings; changes in applicable laws or regulations, particularly with respect to gaming, and general economic and market conditions impacting demand for DraftKings or SBTech products and services, and in particular economic and market conditions in the media/entertainment/gaming/software industry in the markets in which DraftKings and SBTech operate; and other risks and uncertainties indicated from time to time in the proxy statement/prospectus relating to the business combination, including those under “Risk Factors” therein, and in Diamond Eagle’s other filings with the SEC. None of Diamond Eagle, DraftKings or SBTech undertakes any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

No Offer or Solicitation

This press release does not constitute a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed transaction. This press release also does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor will there be any sale of securities in any states or jurisdictions in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities will be made except by means of a prospectus meeting the requirements of section 10 of the Securities Act of 1933, as amended, or an exemption therefrom.

MEDIA CONTACTS:

Media@draftkings.com

Jeff Pryor/Priority PR for Diamond Eagle

(818) 661-6368

INVESTOR CONTACTS:

Investors@draftkings.com

Eli Baker for Diamond Eagle

(424) 284-3519

elibaker@geacq.com

DraftKings Sportsbook Makes Its Pennsylvania Debut

Pennsylvania Becomes the Seventh State to Join in on DraftKings Sportsbook Action

BOSTON (November 7, 2019) – DraftKings Inc. today announced the launch of its digital sportsbook app in Pennsylvania. Following DraftKings’ recent expansion into West Virginia and Indiana with its top-rated mobile and online sportsbook, DraftKings now officially offers fans in Pennsylvania an elevated gaming experience. Arriving during the midst of the 2019 NFL season and start of NBA, fans in The Keystone State can take advantage of advanced in-app features including in-game betting, odds boosts, props, futures, as well as FlashBet for major U.S. and international sports.

“We have seen immense success over the last year with our sportsbook product and are thrilled for this pivotal next step as DraftKings expands into Pennsylvania,” said Jason Robins, co-founder and chief executive officer at DraftKings. “Pennsylvania is home to two of the biggest sports cities in the world and multiple big-time college programs, with some of the most die-hard fan bases of all-time. We could not be more excited to introduce those fans to our top-rated mobile sportsbook and provide them with the unrivaled experience that has become synonymous with DraftKings.”

The demand for sports betting among Pennsylvanians is immense as the Philadelphia Eagles and Pittsburgh Steelers are among the most bet teams to win Super Bowl LIV. DraftKings’ ability to allow users to bet on the nation’s most popular sport is emblematic of the All-American company’s commitment to reinforcing its position at the forefront of sports entertainment innovation by once again expanding its national reach. To date, DraftKings Sportsbook has already surpassed the $1-billion threshold for total handle, and Pennsylvania bettors appear poised to boost that figure further.

From Pennsylvania, to New Jersey, to Indiana and West Virginia, fans can seamlessly engage with both DraftKings’ sportsbook and fantasy apps, available via iOS and Android or online at Sportsbook.DraftKings.com.

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About DraftKings 

DraftKings is a premier, U.S.-based sports technology and entertainment company created to fuel the competitive spirits of sports fans with offerings that range across daily fantasy, regulated gaming, and digital media. Founded in 2012 by Jason Robins, Matt Kalish and Paul Liberman, DraftKings’ daily fantasy product boasts over 11 million registered players and is available in 8 countries internationally with 15 distinct sport categories. Launched in 2018, DraftKings Sportsbook offers mobile and retail betting for major national and global sports, and currently operates pursuant to state regulations in Indiana, Iowa, Mississippi, New Jersey, New York, Pennsylvania and West Virginia. DraftKings is the Official Daily Fantasy Partner of the NFL and PGA Tour as well as an Authorized Gaming Operator of the MLB, NBA, and NFL. Headquartered in Boston, DraftKings holds offices across the country including Las Vegas, New Jersey, New York, and San Francisco as well as international.

Media Contact:

media@draftkings.com 

DraftKings Surpasses $1-Million Mark in Charitable Contributions

 “Pink ‘Em” Campaign in Partnership With Larry Fitzgerald Raises $119,000 for Breast Cancer

Boston (Oct. 31, 2019) –  DraftKings Inc. announced today successfully raising over $100K to support breast cancer awareness research and survivors in partnership with Larry Fitzgerald’s First Down Fund through the company’s first-ever “Pink ‘Em” charity daily fantasy sports (DFS) contests. Over the course of all four NFL weekends in October, the Pink ‘Em campaign received 624K player entries from which all profits were donated. 

“With over half a million entries into our Pink ’Em contests this month, it is evident our players not only understand the importance of giving back through social responsibility efforts, but also crave the ability to do so on our platform,” said Matt Kalish, chief revenue officer and co-founder of DraftKings. “We will continue to seek opportunities where our products can make a true impact in our communities.”

While Pink ‘Em represents DraftKings’ initial philanthropic initiative around breast cancer research, the company leverages its platform for many charitable efforts including the support of veterans’ education. Established in 2018, DraftKings’ Tech for Heroes program has committed over a million dollars toward aiding veterans and military spouses, and also hosted workforce readiness trainings across the country to teach high-demand tech skills. To date, Tech for Heroes has trained more than 150 veterans through tech classes in Austin, Boston, Columbus and San Francisco with new cities upcoming, including Hoboken and Las Vegas by the end of this year.

“We were thrilled when DraftKings approached the First Down Fund to be part of its Pink ‘Em campaign, and grateful for all the fans who entered the DFS charity contests to make this possible,” said Larry Fitzgerald, All-Pro NFL wide receiver for the Arizona Cardinals. ”We will put the funds raised to good use in the efforts to prevent breast cancer and support people affected by breast cancer.”

In the coming weeks, DraftKings will unveil a new series of corporate social responsibility initiatives to help further enhance the company’s charitable footprint with plans to engage more charities through unique offerings during the holiday season. To learn more, please www.draftkings.com or via mobile on both iOS and Android.

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About DraftKings

DraftKings is a premier, U.S.-based sports technology and entertainment company created to fuel the competitive spirits of sports fans with offerings that range across daily fantasy, regulated gaming, and digital media. Founded in 2012 by Jason Robins, Matt Kalish and Paul Liberman, DraftKings’ daily fantasy product boasts over 11 million registered players and is available in 8 countries internationally with 15 distinct sport categories. Launched in 2018, DraftKings Sportsbook offers mobile and retail betting for major national and global sports, and currently operates pursuant to state regulations in Indiana, Iowa, Mississippi, New Jersey, New York and West Virginia. DraftKings is the Official Daily Fantasy Partner of the NFL and PGA Tour as well as an Authorized Gaming Operator of the MLB, NBA, and NFL. Headquartered in Boston, DraftKings holds offices across the country including Las Vegas, New Jersey, New York, and San Francisco as well as international.

DRAFTKINGS AND PENN NATIONAL GAMING BROADEN PARTNERSHIP

Market Access Deal Positions DraftKings for Rapid U.S. Sportsbook Expansion

BOSTON (July 31, 2019) – DraftKings Inc. today announced an extension of its market access partnership with Penn National Gaming, Inc., which will enable the company to offer its mobile and online Sportsbook product in additional U.S. states, subject to passage of applicable laws and the parties securing necessary gaming licenses.

“With dozens of states having already legalized sports betting or poised to do so in the near future, this expanded partnership ensures DraftKings is positioned to quickly enter new markets,” said Ezra Kucharz, DraftKings chief business officer. “Penn National Gaming brings tremendous resources, people and experience to the partnership and, as we finalized the terms of the deal, it was abundantly clear there is a real synergy between our two companies that bodes very well for the future.”

The expansion builds upon the two companies’ earlier West Virginia market access deal, which was announced in December 2018. DraftKings’ additional market access is exclusive to Penn National Gaming across certain states in which Penn National Gaming operates casino properties.

“DraftKings is a clear leader in the burgeoning sports betting industry, and Penn National is excited to be extending our partnership with Jason Robins and his team,” said Jon Kaplowitz, SVP Interactive for Penn National Gaming. “We believe that DraftKings is well positioned to continue its success in the years to come.”

Since launch, DraftKings has accepted more than 21 million bets and paid out over $650 million in winnings to customers. As the sports betting landscape continues to spread across the country, sports fans who enjoy having ‘skin in the game’ will be able to see first-hand what makes DraftKings a top choice for online and mobile betting. 

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:

Email: media@draftkings.com

DRAFTKINGS EXPANDS PARTNERSHIP WITH MAJOR LEAGUE BASEBALL TO BECOME AN AUTHORIZED GAMING OPERATOR

Collaboration will boost experiences for sports fans seeking live and in-game wagering

BOSTON (July 25, 2019) – DraftKings Inc. announced today a multi-year agreement to become an Authorized Gaming Operator of Major League Baseball (MLB). The expanded partnership will enhance DraftKings’ wagering offerings, especially live and in-game options as real-time betting becomes increasingly popular during sports and entertainment events, by granting the company rights to use official MLB data along with MLB marks and logos within DraftKings sports betting products.

“DraftKings is proud to be designated as a Major League Baseball Authorized Gaming Operator,” said Ezra Kucharz, chief business officer at DraftKings. “This deal speaks to the commitment we have to our customers and sports leagues alike while providing the safest and most entertaining American-made sportsbook. As a result of this agreement, our customers will experience enhanced live wagering offerings for all MLB games.” 

The agreement between Major League Baseball and DraftKings demonstrates the league’s vision to leverage the powerful potential for the integration of official data and technology in sports presently and also as a foundational element for the next generation of baseball fans. Although MLB already has a storied and impressive history with data application and advanced analytics, this expanded partnership with DraftKings as an MLB Authorized Gaming Operator showcases the league’s proven ability to align with consumer behavior and the technological curve. Fans who engage with the various offerings on DraftKings Sportsbook will see the enhanced partnership spurs a regular cadence of innovation around each and every event during the baseball season.

“Given DraftKings’ successes in driving fan engagement and immersive experiences, we’re looking forward to an expanded partnership and further collaboration on engaging products,” said Kenny Gersh, MLB Executive Vice President, Gaming & New Business Ventures. “Buoyed by our collective commitments to drive innovation in the U.S. sports betting marketplace, the tools provided to DraftKings – including fast, rich and reliable data feeds and MLB brand marks – will be central to creating these powerful new ways to consume and connect with our sport.”

The partnership will bring more instantaneous data feeds to DraftKings Sportsbook, supplementing the live betting experience. Additionally, customers will notice the use of official MLB team logos revitalizing the look and feel of the sportsbook as part of the deal.   

The DraftKings Sportsbook app is available to download for both 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. 

About Major League Baseball

Major League Baseball (MLB) is the most historic professional sports league in the United States and consists of 30 member clubs in the U.S. and Canada, representing the highest level of professional baseball. Major League Baseball is the best-attended sport in North America, and since 2004, MLB has enjoyed its best-attended seasons in the history of the game. Led by Commissioner Robert D. Manfred, Jr., MLB currently features record levels of labor peace, competitive balance and industry revenues, as well as the most comprehensive drug-testing program in American professional sports. MLB remains committed to making an impact in the communities of the U.S., Canada and throughout the world, perpetuating the sport’s larger role in society and permeating every facet of baseball’s business, marketing and community relations endeavors. With the continued success of MLB Network and MLB digital platforms, MLB continues to find innovative ways for its fans to enjoy America’s National Pastime and a truly global game. For more information on Major League Baseball, visit www.MLB.com.

DraftKings Media Contact:  

media@draftkings.com

Major League Baseball Contact:

Matthew Gould, matthew.gould@mlb.com

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DraftKings named “Official Daily Fantasy Game” of the PGA TOUR

“PGA TOUR DraftKings Fantasy Golf” becomes TOUR’s first daily fantasy sports partner

PONTE VEDRA BEACH, FLORIDA, AND BOSTON – The PGA TOUR and DraftKings Inc. announced a new multi-year content and marketing relationship today that designates DraftKings as the first-ever “Official Daily Fantasy Game of the PGA TOUR.”

“We are excited to partner with DraftKings, an industry leader in innovation and fan engagement, in this groundbreaking step for the PGA TOUR,” said Luis Goicouria, PGA TOUR Senior Vice President Media. “The partnership with DraftKings provides the TOUR with a unique opportunity to innovate in a new industry and to further engage our fans.”

DraftKings will activate the partnership by branding its daily fantasy golf contests as “PGA TOUR DraftKings Fantasy Golf.” By playing these contests, fans will have the opportunity to win cash prizes as well as an array of PGA TOUR prizes in the future. The offerings include Classic contests where fans choose six players each week on the PGA TOUR for their fantasy team all while staying under the designated salary cap. Showdown contests are also available, which requires players to compile a team of six while staying under the designated salary cap for a single round of a tournament. Players have the option to compete with other PGA TOUR fans or in private, fully customizable contests with friends and colleagues. 

As part of the new relationship, PGA TOUR DraftKings Fantasy Golf players will have the ability to receive real-time video highlights for players in their respective lineups. Other elements of this partnership will create expanded Draft Fantasy Sports specific content offerings, as well as allow for brand integration into both the PGA TOUR and DraftKings platforms. Lastly, the PGA TOUR and DraftKings will collaborate on a variety of real-time product enhancements via the PGA TOUR’s proprietary ShotLink powered by CDW data feed.

“Golf continues to grow in popularity among DFS players globally at DraftKings and is our fourth-largest sport in terms of engagement, out of 15 total offerings.” said Ezra Kucharz, chief business officer of DraftKings. “Our partnership with the PGA TOUR signals a mutual commitment to excellence in customer experience along with a new era in golf fandom and engagement.” 

Fans can access PGA TOUR DraftKings Fantasy Golf on July 22, in time for the World Golf Championships-FedEx St. Jude Invitational, by visiting www.draftkings.com or by downloading the DraftKings app via iOS and Android.

In February 2019, the PGA TOUR changed its policy to allow Official Marketing Partnerships and title sponsorships with companies in the daily fantasy sports related category, which allowed the DraftKings relationship to come to fruition.

Data provided by DraftKings reflects the impact this category can have on fan engagement for the TOUR. For instance, golf is the fourth-most popular daily fantasy game on the DraftKings platform behind only the NFL, NBA and MLB. In fact, 30 percent of DraftKings’ entire customer base in excess of 11 million have played in at least one golf contest demonstrating the crossover appeal of the sport. DraftKings has seen steady growth in daily fantasy golf entries each year, including a new peak of 20 million golf entries in 2018 to coincide with payouts of over $450 million for golf contests historically. Since 2015, DraftKings has also crowned 16 golf contest millionaires as these winners earn life-changing prizes for their respective skills and knowledge.

The PGA TOUR will continue to run its free-to-play fantasy games, including PGA TOUR Fantasy Golf, PGA TOUR One&Done, and PGA TOUR Champions One&Done.  These games and related content can be found at https://www.pgatour.com/fantasy.html.

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. 

About PGA TOUR

By showcasing golf’s greatest players, the PGA TOUR engages, inspires and positively impacts our fans, partners and communities worldwide.

The PGA TOUR co-sanctions more than 130 tournaments on the PGA TOUR, PGA TOUR Champions, Korn Ferry Tour, PGA TOUR Latinoamérica, Mackenzie Tour-PGA TOUR Canada and PGA TOUR Series-China. Members on the PGA TOUR represent the world’s best players, hailing from 27 countries (90 members are from outside the United States). Worldwide, PGA TOUR tournaments are broadcast to 226 countries and territories in 23 languages. Virtually all tournaments are organized as non-profit organizations to maximize charitable giving. In 2018, tournaments across all Tours generated a record $190 million for local and national charitable organizations, bringing the all-time total to $2.84 billion.

The PGA TOUR’s web site is PGATOUR.COM, the No. 1 site in golf, and the organization is headquartered in Ponte Vedra Beach, Florida.

DRAFTKINGS LAUNCHES FLASH BET FOR MORE INSTANTANEOUS LIVE WAGERING EXPERIENCE

Wimbledon Debut of New Product Features Rapid, Real-Time Betting for Point-by-Point Action

BOSTON (June 30, 2019) – DraftKings Inc. announced today the launch of Flash Bet; a faster, easier way for customers who love sports to engage in every minute of action through live betting and instant winnings. Released just in time for Wimbledon, the unique offering is the first of its kind and available only on the DraftKings Sportsbook. This new product feature continues the company’s reputation of being the first to market with new and innovative sports betting technology.

Flash Bet will allow customers to place live, in-game wagers quickly between points in a given match. Once bettors place their wagers via the Flash Bet tab on the mobile or online DraftKings Sportsbook, they will be able to view a timeline of their bet’s results and receive payouts seconds after the play is over. Embedded match graphics will show the ball as it moves across the court in real-time with descriptions of the service, points won and court type. The product is currently exclusive to live tennis wagering as DraftKings remains dedicated to enhancing every moment on the court into an elevated fan experience. 

“Live wagering is already widely popular today, but also represents a crucial part of the customer experience and engagement tomorrow,” said Jordan Mendell, Senior Vice President of Product Research and Development. “Short of playing on the court themselves, we are wholly invested in bringing our customers as close as possible to Wimbledon this year, while also giving them a taste of the lightning-quick innovations to come.”

As an industry leader for mobile and online sports betting, DraftKings has applied its prime positioning as a sports technology company to satisfy a growing customer base in excess of 11 million and counting. Flash Bet is another example of the innovative approach DraftKings has taken to develop a world-class product by streamlining the in-game wagering experience and helping usher in an expeditious era of sports betting through mobile technology advances.

The DraftKings Sportsbook app is available to download for both 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

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