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DraftKings Appoints Gregory W. Wendt to Board of Directors
Globenewswire· 2025-10-28 20:15
Core Insights - DraftKings Inc. has appointed Gregory W. Wendt as an independent director on its Board, effective October 24, 2025, following a recommendation from the Nominating and Corporate Governance Committee [1] - Wendt brings extensive experience in investment management and a strong understanding of the gaming sector, having recently retired as a Partner at Capital Group Companies after a 37-year career [2] - Wendt expressed enthusiasm about joining DraftKings at a pivotal time, highlighting the company's innovative approach to fan engagement and sustainable growth [3] Company Overview - DraftKings Inc. is a digital sports entertainment and gaming company, founded in 2012, with a mission to create engaging real-money games and betting experiences [4] - The company operates in 28 states, Washington, D.C., and Ontario, Canada, offering mobile and retail sports betting, iGaming, and daily fantasy sports [4] - DraftKings is an official partner of major sports leagues, including the NFL, NHL, PGA TOUR, WNBA, UFC, NBA, and MLB, and also owns Jackpocket, a leading digital lottery courier app in the U.S. [4]
DraftKings to Release Third Quarter 2025 Results on November 6, 2025 and Host Conference Call on November 7, 2025
Globenewswire· 2025-10-23 11:30
Group 1 - DraftKings Inc. will release its third quarter 2025 results after market close on November 6, 2025 [1] - A conference call and audio webcast will be held on November 7, 2025, at 8:30 a.m. ET to discuss the results and business performance [2] - The audio webcast will be available on the investor relations website until December 31, 2025 [2] Group 2 - DraftKings is a digital sports entertainment and gaming company founded in 2012, headquartered in Boston [3] - The company offers products in daily fantasy, regulated gaming, and digital media, operating in 28 states, Washington, D.C., and Ontario, Canada for sports betting [3] - DraftKings also operates iGaming in five states and Ontario, and owns Jackpocket, a leading digital lottery courier app in the U.S. [3] - The company is an official partner of major sports leagues including the NFL, NHL, PGA TOUR, WNBA, UFC, NBA, and MLB [3] - DraftKings is committed to responsible gaming and provides educational resources for players [3]
DraftKings Teams Up with The Larry Fitzgerald Foundation, Turning Picks into Breast Cancer Awareness and Support
Globenewswire· 2025-10-01 12:00
Core Points - DraftKings Inc. is collaborating with The Larry Fitzgerald Foundation for the Pink 'Em campaign, aiming to raise $100,000 for breast cancer awareness this October [1][2] - The Pink 'Em campaign has raised over $600,000 since its inception seven years ago, utilizing free-to-play pick 'em pools during NFL games [1][2] - The campaign will run from Weeks 5 to 8 of the NFL season, with DraftKings donating $1 per entry for the first 20,000 free entries each week to support breast cancer health services [2][3] Company Overview - DraftKings Inc. is a digital sports entertainment and gaming company founded in 2012, headquartered in Boston, offering products in daily fantasy, regulated gaming, and digital media [4] - The company operates in 28 states and Washington, D.C., with mobile and retail sports betting, and has iGaming operations in five states and Ontario, Canada [4] - DraftKings is an official partner of major sports leagues including the NFL, NHL, PGA TOUR, WNBA, UFC, NBA, and MLB, and also owns Jackpocket, a leading digital lottery courier app [4]
NBCUniversal and DraftKings Enter Multi-Year Collaboration Across Expansive Sports Portfolio
Globenewswire· 2025-09-29 12:00
Core Insights - DraftKings Inc. has entered into a multi-year advertising agreement with NBCUniversal, enhancing its presence in sports broadcasting through exclusive integrations and digital sponsorships across NBCUniversal's sports properties [1][2] - The deal includes major sports events such as the Super Bowl LX, NBA All-Star Weekend, and the 2026 FIFA Men's World Cup, providing DraftKings with access to a vast audience of sports fans [2][3] - This partnership aims to enhance the customer experience by integrating DraftKings' live betting capabilities with NBCUniversal's extensive sports content, thereby transforming viewer engagement [2][3] Company Overview - DraftKings is a digital sports entertainment and gaming company that offers products in daily fantasy, regulated gaming, and digital media, headquartered in Boston and launched in 2012 [4] - The company operates sports betting in 28 states and Ontario, Canada, and has a presence in iGaming and daily fantasy sports across multiple jurisdictions [4] - DraftKings is recognized as an official partner of major sports leagues, including the NFL, NHL, and NBA, and operates the DraftKings Network, a multi-platform content ecosystem [4]
DraftKings Launches Responsible Gaming Education Month Campaign Featuring Super Bowl Tickets Sweepstakes
Globenewswire· 2025-08-26 11:30
Core Insights - DraftKings Inc. is launching a monthlong campaign for Responsible Gaming Education Month (RGEM) to promote responsible gaming through a sweepstakes offering NFL tickets and a trip to Super Bowl LX [1][2] - The campaign encourages customer engagement with responsible gaming tools like My Budget Builder and My Stat Sheet, aiming to foster a more informed gaming culture [2][4] Group 1: Campaign Details - The sweepstakes will run from August 26 to September 8, allowing customers to win NFL regular season tickets by using My Budget Builder [2] - Each week will introduce new responsible gaming engagement methods, with additional ticket giveaways and a grand prize trip to Super Bowl LX for using My Stat Sheet [2][3] Group 2: Tool Highlights - My Budget Builder, launched in June 2025, builds on the success of My Stat Sheet, which has been utilized by approximately 3.4 million customers to track their gaming activity [3] - DraftKings emphasizes the integration of responsible gaming tools throughout the customer journey, reinforcing its commitment to responsible play [4] Group 3: Company Commitment - DraftKings is dedicated to providing a fun and responsible gaming experience, sharing a new Code of Responsible Play with customers to promote responsible behavior [4] - The company aims to maintain responsible gaming as a core aspect of its product design and long-term strategy as it continues to grow [4][6]
DraftKings to Release Second Quarter 2025 Results on August 6, 2025 and Host Conference Call on August 7, 2025
GlobeNewswire News Room· 2025-07-22 13:00
Core Points - DraftKings Inc. will release its second quarter 2025 results on August 6, 2025, after market close [1] - A conference call and audio webcast will be held on August 7, 2025, at 8:30 a.m. ET to discuss the results and business performance [2] Company Overview - DraftKings Inc. is a digital sports entertainment and gaming company, established in 2012, and is headquartered in Boston [3] - The company operates as a vertically integrated sports betting operator in the U.S., with mobile and retail sports betting in 28 states, Washington, D.C., and Ontario, Canada [3] - DraftKings also offers iGaming in five states and Ontario, and owns Jackpocket, a leading digital lottery app in the U.S. [3] - The daily fantasy sports product is available in 44 states and certain Canadian provinces [3] - DraftKings has partnerships with major sports leagues, including the NFL, NHL, PGA TOUR, WNBA, UFC, NBA, and MLB [3] - The company is committed to responsible gaming and provides educational resources for players [3]
DraftKings to Introduce Transaction Fee in Illinois
Globenewswire· 2025-06-12 20:41
Core Viewpoint - DraftKings Inc. will implement a 50-cent transaction fee on all mobile and online bets placed in Illinois starting September 1, 2025, in response to recent tax increases on sports wagering by the Illinois state legislature [1][2]. Company Overview - DraftKings Inc. is a digital sports entertainment and gaming company founded in 2012, headquartered in Boston, and operates as the only U.S.-based vertically integrated sports betting operator [3]. - The company offers a range of products including daily fantasy sports, regulated gaming, and digital media, and is operational in 28 states, Washington, D.C., and Ontario, Canada [3]. - DraftKings is committed to responsible gaming and has partnerships with major sports leagues such as the NFL, NHL, PGA TOUR, WNBA, UFC, NBA, and MLB [3]. Industry Context - The Illinois state legislature has more than tripled the tax rate on sports wagering over the past two years, raising concerns about the impact on the legal, regulated industry and potentially fueling the illegal gaming market [2]. - DraftKings emphasizes the importance of collaborative policymaking to ensure the long-term sustainability of the sports betting industry in Illinois [2].
DraftKings Announces Jason Robins’ Participation in Upcoming Event
Globenewswire· 2025-03-03 14:00
Core Insights - DraftKings Inc. will have its CEO Jason Robins participate in the Morgan Stanley Technology, Media & Telecom Conference on March 4, 2025, at 3:20 PM ET [1] Company Overview - DraftKings Inc. is a digital sports entertainment and gaming company founded in 2012, headquartered in Boston, and co-founded by Jason Robins, Matt Kalish, and Paul Liberman [2] - The company operates as the only U.S.-based vertically integrated sports betting operator, offering products in daily fantasy, regulated gaming, and digital media [2] - DraftKings Sportsbook is operational in 28 states, Washington D.C., and Ontario, Canada, while iGaming is available in five states and Ontario under the DraftKings brand [2] - The company also owns Jackpocket, the leading digital lottery app in the U.S., and its daily fantasy sports product is accessible in 44 states and certain Canadian provinces [2] - DraftKings has partnerships with major sports leagues, including the NFL, NHL, PGA TOUR, WNBA, UFC, NBA, and MLB, enhancing its market presence [2] - The company is committed to responsible gaming, providing educational resources and tools for players [2]