DraftKings
A major sports betting company that detected and reported the suspicious betting activity related to Jonte Porter, which led to the NBA's investigation.
First Mentioned
10/22/2025, 4:59:33 AM
Last Updated
10/22/2025, 5:05:00 AM
Research Retrieved
10/22/2025, 5:05:00 AM
Summary
DraftKings Inc. is an American gambling company headquartered in Boston, Massachusetts, specializing in daily fantasy sports (DFS) and sportsbook services. Founded in 2012 by Jason Robins, Matthew Kalish, and Paul Liberman, the company initially focused on DFS before expanding into online and retail sports betting in May 2018, capitalizing on the increasing legalization of sports betting in the United States. DraftKings allows users to participate in daily and weekly fantasy sports contests across various major American and international sports leagues, offering opportunities to win money based on individual player performances. The company became publicly traded in April 2020 through a reverse merger with SBTech and Diamond Eagle Acquisition Corp. A previous attempt to merge with its main competitor, FanDuel, was terminated in July 2017 due to antitrust concerns raised by the Federal Trade Commission. DraftKings has also played a significant role in maintaining the integrity of sports betting, notably flagging suspicious betting patterns that led to the NBA's lifetime ban of player Jonte Porter.
Referenced in 1 Document
Research Data
Extracted Attributes
Name
DraftKings Inc.
Type
Public company
Country
United States
Founded
2012
Founders
Jason Robins, Matthew Kalish, Paul Liberman
Industry
Daily fantasy sports, Sports betting, Online casino gaming
Products
Sportsbook, Online Casino, Daily Fantasy Sports, Retail sportsbooks, Media
Traded as
Nasdaq: DKNG (Class A), Russell 1000 component
Key people
Jason Robins (CEO), Paul Liberman (COO), Matt Kalish (CRO)
Headquarters
Boston, Massachusetts, United States
Users (as of July 2017)
8 million
Timeline
- DraftKings was founded and launched as a daily fantasy sports (DFS) provider. (Source: summary, Wikipedia, web_search_results)
2012
- Launched its first product, a one-on-one baseball competition, coinciding with Major League Baseball's opening day. (Source: web_search_results)
2012
- Reached an agreement to merge with main competitor FanDuel. (Source: DBPedia)
2016-11
- Proposed merger with FanDuel was terminated due to antitrust concerns raised by the Federal Trade Commission (FTC). (Source: summary, DBPedia)
2017-07
- Reported having 8 million users. (Source: summary, DBPedia)
2017-07
- Expanded into online and retail sportsbooks amid the widening legalization of sports betting in the United States. (Source: summary, Wikipedia)
2018-05
- Launched its mobile sports betting operation in New Jersey, becoming the first legal mobile sports betting operator in the state. (Source: summary, DBPedia)
2018-08
- Opened mobile sports betting operations in New Hampshire after reaching a contract with the New Hampshire Lottery. (Source: DBPedia)
2019-12-30
- Became a publicly traded company through a reverse merger with SBTech, a Bulgarian technology company, and special-purpose acquisition company Diamond Eagle Acquisition Corp. (Source: summary, Wikipedia, DBPedia)
2020-04
- Flagged suspicious betting patterns, which led to the NBA's lifetime ban of player Jonte Porter. (Source: related_documents, summary)
Undated
Wikipedia
View on WikipediaDraftKings
DraftKings Inc. is an American gambling company based in Boston, Massachusetts. It offers sportsbook and daily fantasy sports (DFS) services. The company was originally launched in 2012 as a DFS provider, competing principally with the New York–based FanDuel. In May 2018, amid the widening legalization of sports betting in the United States, DraftKings began to expand into online and retail sportsbooks to leverage its brand awareness and customer base. DraftKings became a publicly traded company through a reverse merger with SBTech, a Bulgarian technology company, and special-purpose acquisition company Diamond Eagle Acquisition Corp in April 2020.
Web Search Results
- DraftKings Inc Company Profile - Overview - GlobalData
DraftKings Inc (DraftKings) is a digital sports entertainment and gaming company. It offers products such as online sports betting, online casino gaming, daily fantasy sports and other products. It designs and develops sports betting and casino gaming software for online and retail sportsbooks and iGaming operators. DraftKings also provides retail sportsbooks, media, and other consumer products. The company markets its products under DraftKings Sportsbook and DraftKings Marketplace brands
- DraftKings Inc. (DKNG) Business Profile - stockrow
DraftKings Inc. (NASDAQ: DKNG) is a leading digital sports entertainment and gaming company that provides users with daily fantasy sports, sports betting, and iGaming opportunities. Founded in 2012 by Jason Robins, Matthew Kalish, and Paul Liberman, the company is headquartered in Boston, Massachusetts. DraftKings initially launched as a daily fantasy sports platform but has since expanded into a comprehensive sports betting and online gaming ecosystem. The company went public in April 2020 [...] DraftKings Inc. is a market leader in the digital sports entertainment and gaming industry, offering a comprehensive suite of products across DFS, sports betting, and iGaming. The company’s innovative approach, strong brand presence, and strategic partnerships position it for long-term growth. However, investors should consider the regulatory and competitive risks associated with the industry. As DraftKings continues to expand its market presence and enhance its product offerings, it remains a [...] DraftKings Sportsbook is one of the company’s fastest-growing segments, offering legal sports betting in multiple U.S. states and international markets. The platform allows users to place bets on a variety of sports, including professional and collegiate leagues. Betting options include moneyline, point spreads, parlays, and in-game betting. DraftKings has secured partnerships with major sports leagues, such as the NFL, NBA, and MLB, to enhance its Sportsbook offerings. The company also
- DraftKings - Wikipedia
DraftKings Inc. is an American gambling company based in Boston, Massachusetts. It offers sportsbook and daily fantasy sports (DFS) services. The company was originally launched in 2012 as a DFS provider, competing principally with the New York–based FanDuel. In May 2018, amid the widening legalization of sports betting in the United States, DraftKings began to expand into online and retail sportsbooks to leverage its brand awareness and customer base. [...] 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. [...] | | | | Company type | Public | | Traded as | Nasdaq: DKNG (Class A) Russell 1000 component | | Industry | Daily fantasy sports Sports betting | | Founded | 2012; 13 years ago (2012) Boston, Massachusetts, U.S. | | Founders | Jason Robins Matt Kalish Paul Liberman | | Headquarters | Boston, Massachusetts , U.S. | | Key people | Jason Robins (CEO) Paul Liberman (COO) Matt Kalish (CRO) | | Products | SportsBook, Online Casino, and Daily Fantasy Sports |
- DraftKings Daily Fantasy Sports Guide for Top Player Insights
DraftKings is a revolutionary sportsbook and DFS platform. Unlike most traditional fantasy sports platforms, it offers shorter and more exciting daily and weekly DFS contests. It also supports diverse game formats and has a user-friendly interface catering to beginners and seasoned DFS players. You are in the right space if you need more information on making informed DFS player selections, optimizing DFS strategies, or navigating DraftKings effectively. [...] DraftKings offers Daily Fantasy Sports contests for popular, alternative, and niche sports. Popular offerings include the NBA, NFL, NHL, MLB, and soccer (EPL). Its niche sports category has esports and MMA (among others). What Tools Does DraftKings Provide for Making Player Selection? DraftKings helps DFS participants select valuable players and optimize their lineups through its built lineup optimizer, historical data trends, and player projections. [...] Daily Fantasy Sports (DFS) contests have become increasingly popular in the United States thanks to DFS platforms. DraftKings allows sports fans and DFS enthusiasts to experience the excitement of fantasy sports and the fast-paced nature of real-money gaming. Both novices and experts seeking a fruitful DFS experience should understand the platform’s contest types, research extensively, and leverage relevant built-in tools.
- DraftKings Inc - Company Profile and News - Bloomberg Markets
DraftKings Inc. operates as a daily fantasy sports contest and sports betting company. The Company allows users to enter daily and weekly fantasy sports-related contests and win money based on individual player performances in American sports. DraftKings serves customers in the United States. ### More from Bloomberg
Wikidata
View on WikidataCountry
Founder
Instance Of
Headquarters
Inception Date
12/31/2011
DBPedia
View on DBPediaDraftKings is an American daily fantasy sports contest and sports betting company. The company allows users to enter daily and weekly fantasy sports–related contests and win money based on individual player performances in five major American sports (the MLB, the NHL, the NFL, the NBA and the PGA), Premier League and UEFA Champions League football, NASCAR auto racing, Canadian Football League, the XFL, mixed martial arts (MMA), Tennis, All Elite Wrestling (AEW), and WWE. DraftKings launched DraftKings Sportsbook in New Jersey in August 2018 and became the first legal mobile sports betting operator in the state. Since launching in New Jersey, DraftKings has opened mobile sports betting operations in Connecticut, Indiana, Pennsylvania, West Virginia and New Hampshire on December 30, 2019 after reaching contract with the New Hampshire Lottery.Retail sports betting is available in Iowa, Mississippi, Oregon and New York. As of April 2016, the majority of U.S. states consider fantasy sports (including daily fantasy sports) a game of skill, rather than gambling. In November 2016, FanDuel and DraftKings, the two largest companies in the daily fantasy sports industry, reached an agreement to merge. However, the merger was terminated in July 2017-- blocked by the Federal Trade Commission to prevent potential monopoly, as the combined company would have controlled 90 percent of the market for daily fantasy sports. As of July 2017, DraftKings had eight million users. DraftKings became a publicly traded company through a reverse merger with SBTech, a Bulgarian technology company, and special-purpose acquisition company Diamond Eagle Acquisition Corp in April 2020.
Location Data
DraftKings, 6887, Helen Toland Street, UnCommons, Las Vegas, Clark County, Nevada, 89113, United States of America
Coordinates: 36.0632396, -115.2784969
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