Draftkings
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| Private | |
| Founded | Boston, Massachusetts, United States (2012) |
| Headquarters | 225 Franklin Street Boston, MA 02110 |
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Key people
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Jason Robins (CEO, Co-Founder); Matt Kalish, Co-Founder and CRO; Paul Liberman, Co-Founder and CMO |
| Products | Daily fantasy sports |
| Website | www.draftkings.com |
DraftKings is a Boston, MA, daily fantasy sports contest provider. The company allows users to enter daily and weekly fantasy sports-related contests and win money based on individual player and team performances in five major American sports (MLB, the NHL, the NFL, the NBA and the PGA), Premier League and UEFA Champions League soccer, NASCAR auto racing, Canadian Football League, Mixed Martial Arts (MMA), as well as American college football and college basketball.
As of April 2016 the majority of U.S. states consider fantasy sports (including daily fantasy sports) a game of skill and not gambling, although a number of states have prohibited or created specific laws making daily fantasy spots illegal. In November 2016 FanDuel and DraftKings, the two largest companies in the daily fantasy sports industry, reached an agreement to merge. DraftKings and FanDuel, combined, have about 5 million users.
DraftKings was established in 2012 by Jason Robins, Matthew Kalish, and Paul Liberman, former Vistaprint employees. The company initially operated out of Liberman's house. The company's first product was a one-on-one baseball competition, launched to coincide with Major League Baseball's opening day in 2012.
In July 2012, the company announced its first outside funding, a $1.4 million investment from Ryan Moore at Accomplice in Cambridge, along with other investors.
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Wikipedia