The combined company became the only vertically integrated pure-play sports betting and online gaming company based in the United States with a focus on the American sports fan. In April 2020 DraftKings began trading on the Nasdaq Stock Exchange under the ticker symbol “DKNG when it closed its business combination with the publicly traded special acquisition company Diamond Eagle Acquisition Company and SBTech, an international turnkey provider of cutting-edge sports betting and gaming technologies. DraftKings is a leader in the one-day fantasy sports betting and gambling industry. DraftKings Inc ( NASDAQ:DKNG) continues to expand its market presence with online sports betting now live in 21 states and iGaming in five states. Now it offers an immersive sports entertainment experience. Since the daily fantasy sports platform launched in 2012, DraftKings has grown, and grown fast.

Within a few years, DraftKings, the company they’d launch from a spare bedroom in Paul’s Watertown, Massachusetts apartment, was an internationally known brand on its way to forever revolutionizing how fans engaged with sports. The sports betting industry rakes in hundreds of millions of. Jason Robins, Paul Liberman, and Matt Kalish thought season-long fantasy was great. FanDuel and DraftKings are two fantasy sports startups that offer short-term fantasy sports. It all started with a deep love for fantasy sports.

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