Where is DraftKings Inc headquartered?

The company was founded by Jason D. Robins, Matthew Kalish, and Paul Liberman on December 31, 2011 and is headquartered in Boston, MA. DKNG | Complete DraftKings Inc. Cl A stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.

Should you invest in DraftKings?

Investors should feel confident in meaningful long-term margin expansion, given already ramping profitability in older state vintages, which is aided by DraftKings’ in-house technology of innovative in-play and parlay action, leading to a hearty 33% combined online sports betting, or OSB, and iGaming, or IG, gross gaming revenue share.

Did DraftKings stock double in 2023?

DraftKings Stock Has Doubled in 2023. One Analyst Sees More Upside. Fiscal Q1 2023 ended 3/31/23. Reported on 5/4/23. Measures how much net income or profit is generated as a percentage of revenue. Represents the company's profit divided by the outstanding shares of its common stock. Fiscal Q1 2023 ended 3/31/23.

Does DraftKings offer online sports betting & iGaming?

DraftKings is now live with online sports betting in 21 states (44% of the U.S. population) and iGaming in five states (11% of U.S.), with both products available to around 40% of Canada's population. The company also operates a non-fungible token commissioned-based marketplace and develops and licenses online gaming products.