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DraftKings Inc. (DKNG)

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$40.77
Sector Valuation Confidence Level
Moderate
Valuation methodValue, $Upside, %
Artificial intelligence (AI)42.855
Intrinsic value (DCF)419.71929
Graham-Dodd Methodn/a
Graham Formulan/a

Company Information

222 Berkeley Street
Boston, MA 02116
United States
Phone: 617 986 6744
Industry: Gambling, Resorts & Casinos
Sector: Consumer Cyclical
CEO: Mr. Jason D. Robins
Full Time Employees: 5100

DraftKings Inc. operates a digital sports entertainment and gaming company. It offers multi-channel sports betting and gaming technologies, powering sports and gaming entertainment for operators in 17 countries. The company operates iGaming through its DraftKings brand in 5 states, as well as operates Golden Nugget Online Gaming, an iGaming product and gaming brand in 3 states. Its Sportsbook is live with mobile and/or retail betting operations in the United States pursuant to regulations in 18 states. The company's daily fantasy sports product is available in 6 countries internationally with 15 distinct sports categories. In addition, it offers DraftKings Marketplace, a digital collectibles ecosystem designed for mainstream accessibility that offers curated NFT drops and supports secondary-market transactions, as well as owns Vegas Sports Information Network (VSiN), a multi-platform broadcast and content company. DraftKings Inc. was founded in 2011 and is headquartered in Boston, Massachusetts.

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