What Casino Is DraftKings Associated With?

DraftKings is an American daily fantasy sports contests provider. The company is headquartered in Boston, Massachusetts.

As of June 2020, DraftKings operated in eight states: Colorado, Illinois, Indiana, Iowa, Massachusetts, New Hampshire, New Jersey, and Pennsylvania. The company was founded in 2012 by Jason Robins, Paul Liberman, and Matthew Kalish. .

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In 2015, DraftKings and FanDuel were estimated to hold approximately 80% of the daily fantasy sports market share. As of June 2020, the company had approximately 8 million registered users.

In November 2019, it was announced that Penn National Gaming would acquire a 36% stake in DraftKings. The deal valued DraftKings at $12 billion.

PRO TIP:DraftKings is associated with two casinos, Resorts Casino Hotel in Atlantic City and Hollywood Casino in Pennsylvania. Both of these locations offer DraftKings Sportsbook, as well as online sports betting on the DraftKings app.

The deal was completed in February 2020.

In May 2020, it was announced that DraftKings would be going public through a merger with Diamond Eagle Acquisition Corp. The deal valued DraftKings at $3.

3 billion. The deal is expected to be completed in the second half of 2020.

As of June 2020, DraftKings is not associated with any casinos.