DraftKings Inc. is a digital sports entertainment and gaming company created to fuel the competitive spirit of sports fans with products that range across daily fantasy, regulated gaming and digital media. Headquartered in Boston, and launched in 2012 by Jason Robins, Matt Kalish and Paul Liberman, DraftKings is the only U.S.-based vertically integrated sports betting operator. DraftKings is a multi-channel provider of sports betting and gaming technologies, powering sports and gaming entertainment for 50+ operators in 17 countries. DraftKings' Sportsbook is live with mobile and/or retail betting operations in the United States pursuant to regulations in Colorado, Illinois, Indiana, Iowa, Michigan, Mississippi, New Hampshire, New Jersey, New York, Oregon, Pennsylvania, Tennessee, Virginia and West Virginia. DraftKings' daily fantasy sports product is available in 8 countries internationally with 15 distinct sports categories. DraftKings is the official daily fantasy partner of the NFL, MLB, NASCAR and the PGA TOUR as well as an authorized gaming operator of the NBA and MLB and an official betting operator of the PGA TOUR.
Company profile
Website
CEO
Jason D. Robins
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Diamond Eagle Acquisition Corp. \ DE
SEC CIK
Corporate docs
Subsidiaries
DK Player Reserve LLC • DK Security Corporation • Crown DFS Inc. • Crown Gaming Inc. • Crown PA DFS Inc. • Crown MS Gaming Inc. • Crown NJ Gaming Inc. • Crown NV Gaming Inc. • Crown NY Gaming Inc. • Crown PA Gaming Inc. ...
Latest filings (excl ownership)
15-12B
Securities registration termination
16 May 22
S-8 POS
Registration of securities for employees (post-effective amendment)
5 May 22
25-NSE
Exchange delisting
5 May 22
8-K
Entry into a Material Definitive Agreement
5 May 22
8-K
Submission of Matters to a Vote of Security Holders
22 Apr 22
8-K
Other Events
1 Apr 22
8-K
Regulation FD Disclosure
3 Mar 22
DEFA14A
Additional proxy soliciting materials
28 Feb 22
DEF 14A
Definitive proxy
28 Feb 22
10-K
2021 FY
Annual report
18 Feb 22
Transcripts
Earnings call transcript
2021 Q4
18 Feb 22
Earnings call transcript
2021 Q3
5 Nov 21
Earnings call transcript
2021 Q2
6 Aug 21
Earnings call transcript
2021 Q1
7 May 21
Earnings call transcript
2020 Q4
26 Feb 21
Earnings call transcript
2020 Q3
13 Nov 20
Earnings call transcript
2020 Q2
14 Aug 20
Earnings call transcript
2020 Q1
15 May 20
Latest ownership filings
144
Notice of proposed sale of securities
29 Jan 24
144
Notice of proposed sale of securities
29 Jan 24
144
Notice of proposed sale of securities
29 Jan 24
144
Notice of proposed sale of securities
29 Jan 24
144
Notice of proposed sale of securities
29 Jan 24
4
MARNI M WALDEN
9 May 22
4
HARRY SLOAN
9 May 22
4
Jason Robins
9 May 22
4
Ryan R Moore
9 May 22
4
Jason Park
9 May 22
Financial summary
Quarter (USD) | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 2.63 bn | 2.63 bn | 2.63 bn | 2.63 bn | 2.63 bn | 2.63 bn |
Cash burn (monthly) | 81.73 mm | (no burn) | 122.92 mm | 132.30 mm | 57.42 mm | 34.96 mm |
Cash used (since last report) | 2.27 bn | n/a | 3.42 bn | 3.68 bn | 1.60 bn | 972.94 mm |
Cash remaining | 355.22 mm | n/a | -791.08 mm | -1.05 bn | 1.03 bn | 1.66 bn |
Runway (months of cash) | 4.3 | n/a | -6.4 | -8.0 | 18.0 | 47.4 |
Institutional ownership, Q2 2022
13F holders | Current |
---|---|
Total holders | 0 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0.00 |
Total shares | 0.00 |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
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