Date of Update: 6/23/2020


Ticker: DKNG

Theme: Sportsbook

Country: United States

Sector: Casinos & Gaming

This is not a recommendation to buy or sell securities.


Company Description:

DraftKings is a vertically-integrated digital sports entertainment and gaming company. DraftKings offers its users Daily Fantasy Sports (DFS), sports betting, and iGaming.

3 Company Facts:

  • DraftKings has more than 4 million registered users for its DFS platform. The company was first to market in Esports, Golf, NASCAR, and Tennis DFS.1
  • DraftKings is the number-one rated DFS and Sportsbook platform in the US.
  • In April 2020, DraftKings acquired SBTech for EUR 600 million in conjunction with the company's initial SPAC transaction. SBTech is an online betting and online gaming B2B technology provider.

3 Industry Facts:

  • The U.S. iGaming market is estimated to reach $21 billion in gross gaming revenues at maturity. One sports betting is estimated to reach $18 billion.2
  • New Jersey iGaming gross gaming revenues grew at a 25% CAGR from 2014 through 2018. In 2019, GGR increased 62% year-over-year.3
  • Online and mobile gaming are estimated have represented 12.2% of the $456 billion market (GGR) in 2019.4


Notable Brands:

DraftKings logo
DraftKings, online betting & DFS platform
DraftKings Sportsbook logo
DraftKings Sportsbook, online sportsbook
DraftKings Casino
DraftKings Casino, online casino
SBTech logo
SBTech, B2B betting technology


  • 1DraftKings IR
  • 2DraftKings IR
  • 3New Jersey Division of Gaming Enforcement
  • 4Eilers & Krejcik Gaming