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| DraftKings Promo Code Details | |
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DraftKings Inc. is an American daily fantasy sports contest and sports betting provider. The company was launched in 2012 by Jason Robins, Matthew Kalish, and Paul Liberman. DraftKings initially focused on offering fantasy sports contests in major league sports such as football, basketball, and baseball. Participants on the platform can enter contests and earn money based on the performances of individuals in real-world games.
In 2018, after the United States Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA), DraftKings expanded its offerings to include sports betting. They opened their first physical sportsbook at the Scarlet Pearl Casino Resort in D’Iberville, Mississippi, and also launched an online and mobile sportsbook in New Jersey. Today, DraftKings operates online sports betting in a growing number of states throughout the country.
Over the years, DraftKings has grown into a multi-billion dollar company and has formed numerous partnerships with major sports leagues and media companies. In 2020, DraftKings became a publicly-traded company through a merger with Diamond Eagle Acquisition Corp, a special purpose acquisition company. Despite facing a number of legal challenges related to the nature of fantasy sports gaming, DraftKings has remained a dominant player in the industry.
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