Operators / DraftKings
DraftKings
Operator · DraftKings Inc. · DKNG · Boston, Massachusetts[1],[2],[3]
Public via 2020 reverse merger with SBTech/Diamond Eagle Acquisition Corp (SPAC). Acquired Golden Nugget Online Gaming (2022) and Jackpocket (2024). Launched DraftKings Predictions, a prediction-markets product, December 2025, and announced acquisition of prediction platform Railbird October 2025.
Subsidiaries: Jackpocket
Financials
Market cap $9.7B · DKNG on NasdaqGS · Oct 11, 2026[10]
Est. U.S. revenue $5.9B · FY2025 · 10-K geographic revenue note: US revenue only, excludes $159.1M International[11]
20182025
| Fiscal year | Revenue (USD) | Net income (USD) | Year end |
|---|---|---|---|
| FY2025 | $6.1B | $3.7M | Dec 31, 2025[9] |
| FY2024 | $4.8B | −$507M | Dec 31, 2024[9] |
| FY2023 | $3.7B | −$802M | Dec 31, 2023[9] |
| FY2022 | $2.2B | −$1.4B | Dec 31, 2022[8] |
| FY2021 | $1.3B | −$1.5B | Dec 31, 2021[7] |
| FY2020 | $615M | −$1.2B | Dec 31, 2020[6] |
| FY2019 | $323M | −$143M | Dec 31, 2019[5] |
| FY2018 | $226M | −$76.2M | Dec 31, 2018[4] |
Brands
- DraftKings Sportsbook — Sports (online), Sports (retail) · since Aug 2018
- DraftKings Casino — Online casino
- Golden Nugget Online Gaming — Online casino
- Jackpocket — Lottery couriers
- DraftKings Predictions — Prediction markets · since Dec 2025
Reported revenue, last 12 months
| State | Vertical | Handle | GGR |
|---|---|---|---|
| New York | Sports (online) | $10.1B | $918M |
| Massachusetts | Sports (online) | $4.4B | $455M |
| Ohio | Sports (online) | $3.4B | $345M |
| Arizona | Sports (online) | $2.7B | $247M |
| Indiana | Sports (online) | $2.1B | $188M |
| Kentucky | Sports (online) | $1.2B | $128M |
| New Hampshire | Sports (online) | $872M | $102M |
| District of Columbia | Sports (online) | $276M | $26.5M |
| Wyoming | Sports (online) | $133M | $14.1M |
| Pennsylvania | Daily fantasy | $111M | $13.0M |
| New Hampshire | Sports (retail) | $74.5M | $8.2M |
| Arizona | Daily fantasy | $44.1M | $5.1M |
| Kentucky | Sports (retail) | $6.1M | $665K |
| Illinois | Commercial casinos | — | — |
| Illinois | Sports (online) | — | — |
| Maine | Sports (online) | $554M | — |
| Michigan | Daily fantasy | — | — |
| Illinois | Sports (retail) | — | — |
| Maryland | Sports (online) | $2.0B | — |
Licenses
LicensedNot licensed
| State | Vertical | Brand | License | Status | Launched |
|---|---|---|---|---|---|
| Arkansas | Sports (online) | DraftKings Sportsbook | Online sports wagering skin (mobile) | active | Mar 1, 2022[12] |
| Arizona | Daily fantasy | DraftKings | Fantasy Sports Contest Operator | active | [13] |
| Arizona | Sports (online) | DraftKings | Event Wagering Operator | active | [13] |
| Colorado | Sports (online) | DraftKings | Internet Sports Betting Operator | active | [14] |
| Colorado | Sports (retail) | DraftKings | Retail Sports Betting Operator | active | [14] |
| Colorado | Sports (retail) | DraftKings | Retail Sports Betting Operator | active | [14] |
| Connecticut | Online casino | DraftKings Casino (Connecticut) | active | Oct 12, 2021[15],[16] | |
| Connecticut | Sports (online) | DraftKings Sportsbook (Connecticut, online) | active | Oct 12, 2021[17],[16] | |
| Connecticut | Sports (retail) | DraftKings Sportsbook (Foxwoods, retail) | active | Oct 25, 2021[16] | |
| District of Columbia | Sports (online) | DraftKings | Temporary Class C Operator #PSW24CLB0001 | active | [18] |
| Iowa | Sports (online) | DraftKings | Advance Deposit Sports Wagering licensee | active | [19] |
| Illinois | Commercial casinos | DraftKings at Casino Queen | Owners License | active | [20] |
| Illinois | Sports (online) | DraftKings Sportsbook | Management Services Provider | active | [21] |
| Illinois | Sports (retail) | DraftKings (Wrigley Field designee) | Sports Facility License | active | [21] |
| Illinois | Sports (retail) | DraftKings at Casino Queen | Owners License (Master Sports Wagering) | active | [21] |
| Indiana | Daily fantasy | DraftKings (DK Crown Holdings) | Paid Fantasy Sports Operator (Permanent) | active | [22] |
| Indiana | Sports (online) | DraftKings Sportsbook | Sports Wagering Vendor License (SWV) | active | [23] |
| Kansas | Sports (online) | DraftKings | Interactive sports wagering platform provider | active | Sep 1, 2022[24],[25] |
| Kentucky | Sports (online) | DraftKings Sportsbook | active | Sep 28, 2023[26],[27] | |
| Kentucky | Sports (retail) | DraftKings Sportsbook | active | Sep 7, 2023[26],[27],[28] | |
| Louisiana | Sports (online) | DraftKings | Online sports wagering platform license #B016503468 | active | Jan 28, 2022[29],[30] |
| Massachusetts | Daily fantasy | DraftKings | DFS Operator | active | [31] |
| Massachusetts | Sports (online) | DraftKings | Category 3 Sports Wagering License (untethered) | active | [32] |
| Maryland | Daily fantasy | DraftKings | active | [33] | |
| Maryland | Sports (online) | DraftKings Sportsbook | active | [33] | |
| Maryland | Sports (retail) | DraftKings Sportsbook | active | [34] | |
| Maine | Online casino | DraftKings (Maine, Passamaquoddy Tribe, igaming, pending) | Tribal Internet gaming license (management-services partner, pending) | pending | [35],[36] |
| Maine | Sports (online) | DraftKings Sportsbook (Maine, Passamaquoddy Tribe) | Tribal mobile sports-wagering license (management-services partner) | active | Nov 3, 2023[37],[38] |
| Michigan | Online casino | DraftKings Casino (Michigan) | active | [39] | |
| Michigan | Online casino | Golden Nugget Casino (Michigan) | active | [39] | |
| Michigan | Sports (online) | DraftKings Sportsbook (Michigan) | active | [39] | |
| North Carolina | Sports (online) | DraftKings Sportsbook | Interactive Sports Wagering Operator #NCO-0002 | active | Mar 11, 2024[40],[41] |
| New Hampshire | Sports (online) | DraftKings Sportsbook (New Hampshire, online) | Exclusive Lottery Commission mobile sports-wagering agent | active | Dec 30, 2019[42],[43] |
| New Hampshire | Sports (retail) | DraftKings Sportsbook (The Brook, Seabrook) | active | Dec 30, 2019[42] | |
| New Hampshire | Sports (retail) | DraftKings Sportsbook (Revo Casino & Social House, Manchester) | active | [44] | |
| New Hampshire | Sports (retail) | DraftKings Sportsbook (Revo Casino & Social House, Dover) | active | [44] | |
| New Hampshire | Sports (retail) | DraftKings Sportsbook (Gate City Casino, Nashua) | active | [44] | |
| New Hampshire | Sports (retail) | DraftKings Sportsbook (The Nash Casino, Nashua) | active | [44] | |
| New Jersey | Commercial casinos | Golden Nugget Atlantic City | Casino license / Internet Gaming Permit (NJIGP 26-002) #NJIGP 26-002 | active | [45] |
| New Jersey | Online casino | Wheel of Fortune Casino | active | [46] | |
| New Jersey | Online casino | Stardust Casino (NJ) | active | [46] | |
| New Jersey | Online casino | Golden Nugget Casino | active | [46] | |
| New Jersey | Online casino | DraftKings Casino (NJ) | active | [46] | |
| New Jersey | Sports (online) | DraftKings Sportsbook (NJ) | active | [47] | |
| New Jersey | Sports (retail) | Golden Nugget Sports Book | active | [47] | |
| New Jersey | Sports (retail) | DraftKings Sports Book at Resorts | active | [47] | |
| New York | Daily fantasy | DraftKings | IFS Contest Operator Registration | active | [48] |
| New York | Sports (online) | DraftKings Sportsbook | Mobile Sports Wagering Platform Provider License | active | [49] |
| Ohio | Daily fantasy | DraftKings | active | [50] | |
| Ohio | Sports (online) | DraftKings | Type-A Sports Gaming Proprietor (Mobile) | active | [51] |
| Oregon | Sports (online) | DraftKings Sportsbook (Oregon Lottery, statewide online) | Exclusive statewide mobile sportsbook operator contract | active | Jan 18, 2022[52],[53] |
| Pennsylvania | Online casino | Golden Nugget Casino (PA) | Interactive Gaming Certificateholder (self-operated) | active | Aug 10, 2023[54] |
| Pennsylvania | Online casino | DraftKings Casino (Hollywood PNRC) | active | May 1, 2020[54] | |
| Pennsylvania | Online poker | DraftKings Poker (Hollywood PNRC) | active | Oct 17, 2024[54] | |
| Pennsylvania | Sports (online) | DraftKings Sportsbook (PA online, The Meadows) | active | Nov 7, 2019[55] | |
| Pennsylvania | Sports (retail) | DraftKings Sportsbook (The Meadows, retail) | active | Oct 10, 2019[55] | |
| Tennessee | Daily fantasy | DraftKings (DK Crown Holdings) | Fantasy Sports Operator | active | [56] |
| Tennessee | Sports (online) | DraftKings | Online Sports Wagering Operator | active | [56] |
| Virginia | Sports (online) | DraftKings | Sports Betting Permit Holder | active | [57] |
| Vermont | Sports (online) | DraftKings Sportsbook (Vermont) | Competitively bid online sports-wagering operator (31 V.S.A. ch. 25) | active | Jan 11, 2024[58] |
| West Virginia | Sports (online) | DraftKings Sportsbook | active | Aug 28, 2019[59] | |
| Wyoming | Sports (online) | DraftKings Sportsbook (Wyoming) | Online sports-wagering operator permit (Wyo. Stat. Title 11, ch. 25) | active | Sep 2021[60] |
Regulatory actions
| Date | State | Against | Action | Amount | What happened |
|---|---|---|---|---|---|
| Mar 2026 | Massachusetts | DraftKings | Fine Sports (online) | $6,500 | DraftKings was fined in the same batch for accepting 13 improper wagers totaling $457 on a University of Michigan running back player-prop market around Jan. 5-6, 2024.[61] |
| Mar 2026 | Massachusetts | DraftKings | Fine Sports (online) | $10,000 | DraftKings was separately fined in the same batch for hosting an impermissible player-prop market (about 89 bets, $1,600) during an Arizona-Oregon NCAA basketball game on March 23, 2025.[61] |
| Nov 25, 2025 | New Jersey | Crown NJ Gaming Inc. d/b/a DraftKings | Fine Sports (online) | $32,500 | DraftKings was fined $32,500 for repeatedly failing to prevent acceptance of wagers on prohibited sports events, on a market listing an incorrect participant, and on past-posted bets, and was ordered to submit a remedial action plan to prevent recurrence.[62] |
| Aug 21, 2025 | Michigan | Crown MI Gaming, LLC d/b/a DraftKings | Fine Sports (online) | $5,000 | MGCB fined DraftKings $5,000 after a misconfigured centralized account-ledger system let 15 patrons exceed their self-imposed daily, weekly, or monthly wagering limits between Dec. 9, 2023 and Jan. 5, 2024; DraftKings self-reported the issue.[63] |
| Jul 25, 2025 | Massachusetts | Crown MA Gaming, LLC d/b/a DraftKings | Fine Sports (online) | $450,000 | DraftKings received the Commission's largest sports-wagering fine to date after three separate self-reported periods (Mar. 2023-Feb. 2024) in which it failed to block credit-card funding of wagers, resulting in 1,160 impermissible wagers totaling $83,667.92 from 218 customers; the Commission also ordered refunds and an independent compliance audit.[64] |
| Jul 17, 2025 | Colorado | Crown CO Gaming, LLC, dba DraftKings | Fine Sports (online) | $50,000 | The Colorado Limited Gaming Control Commission approved a stipulation and agreement fining DraftKings for taking wagers on the November 15, 2024 Jake Paul v. Mike Tyson fight after the Division had told operators months earlier not to accept bets on that event, and for reporting the incident 12 days late. Case No. DOG24-004464. The Commission's minutes confirm the agreement; the $50,000 amount is from press reports.[65],[66] |
| Jul 17, 2025 | Colorado | Crown CO Gaming, LLC, dba DraftKings | Fine Sports (online) | $40,000 | The Commission approved a second, separate stipulation fining DraftKings after a trader erroneously created and accepted about 80 player-performance proposition wagers (not permitted under Colorado's college-sports rules) on then-Arizona Wildcats player Caleb Love for a March 23, 2025 game; DraftKings self-reported the error. Case No. DOG25-001965. The Commission's minutes confirm the agreement; the $40,000 amount is from press reports.[65],[66] |
| Jul 10, 2025 | Connecticut | DraftKings | Settlement Online casino | $3.0M | DraftKings settled a DCP Gaming Division investigation into "50% Casino Deposit Match"/"Casino Deposit Bonus" marketing by agreeing to return over $3 million to about 7,000 Connecticut consumers who signed up under those promotions between October 19, 2021 and January 4, 2023, plus a $50,000 payment to fund consumer programs and annual staff training on Connecticut gaming-marketing law.[67] |
| Apr 24, 2025 | Michigan | Crown MI Gaming, LLC d/b/a DraftKings | Fine Sports (online) | $25,000 | MGCB fined DraftKings $25,000 for failing to process a patron's $19,028.96 withdrawal request from September 2023 through January 2024 and for not providing the patron required status updates every 10 business days during the investigation.[68] |
| Nov 20, 2024 | Ohio | Crown OH Gaming, LLC (DraftKings) | Settlement Sports (online) | OCCC and Crown OH Gaming, LLC (DraftKings) signed a settlement agreement resolving Commission sports-gaming notice-of-violation case 2024-SGR-001. Trade press reported a $425,000 fine tied to banned proposition wagers and unauthorized deposit methods, but the Commission's own signed agreement is posted only as a scanned PDF image, so the specific violations and dollar amount could not be independently verified from accessible text; amount omitted pending confirmation.[69] | |
| Aug 27, 2024 | Massachusetts | Crown MA Gaming, LLC d/b/a DraftKings | Fine Sports (online) | $30,000 | DraftKings was fined after accepting 864 wagers totaling $7,867 on the UTR Pro Series, an unapproved tennis league, from March 10-22, 2023, because its trading team copied tennis market offerings from another jurisdiction without compliance review.[70] |
| Jun 16, 2024 | New Jersey | DraftKings | Fine Sports (online) | $100,000 | DraftKings was fined $100,000 for reporting inaccurate sports-betting handle data to the state (overstating parlay wagers and understating other categories due to a coding error), which also produced incorrect tax filings in December 2023 and January-February 2024.[71] |
| Mar 20, 2024 | Pennsylvania | Crown PA DFS, Inc. (d/b/a DraftKings) | Fine Pick'em fantasy | $10,000 | PGCB fined DraftKings $10,000 for continuing to let Pennsylvania players access its "Reignmakers" fantasy contests after the Board had ordered the contests made unavailable in the state.[72] |
| Aug 15, 2023 | New Jersey | Crown NJ Gaming, Inc. d/b/a DraftKings Inc. | Fine Sports (online) | $7,500 | DraftKings was fined $7,500 after a Division complaint alleged it allowed a self-excluded individual to create an online account and place wagers, violating N.J.A.C. 13:69O-1.4(j)(3).[73] |
| Feb 15, 2023 | Ohio | DraftKings | Fine Sports (online) | $500,000 | OCCC fined DraftKings $500,000, combining $350,000 for mailing sportsbook promotions (with a QR code and $200 in bet credits) to more than 2,500 Ohioans under 21, and $150,000 for ads that lacked conspicuous responsible-gambling messaging and mischaracterized a $200 offer as "free" when a $5 wager was actually required.[74] |
Sources
- DraftKings · retrieved Oct 10, 2026
- SEC EDGAR full text search results for DraftKings 10-K filers · retrieved Oct 10, 2026
- Penn Entertainment · retrieved Oct 10, 2026
- DraftKings Inc. Form 10-K/A filed 2021-05-03 · retrieved Oct 11, 2026
- DraftKings Inc. Form 10-K filed 2022-02-18 · retrieved Oct 11, 2026
- DRAFTKINGS INC. Form 10-K filed 2023-02-17 · retrieved Oct 11, 2026
- DRAFTKINGS INC. Form 10-K filed 2024-02-16 · retrieved Oct 11, 2026
- DRAFTKINGS INC. Form 10-K filed 2025-02-14 · retrieved Oct 11, 2026
- DRAFTKINGS INC. Form 10-K filed 2026-02-13 · retrieved Oct 11, 2026
- DKNG (DKNG) quote · retrieved Oct 11, 2026
- DraftKings Inc. - Form 10-K - FY2025 - Revenue by Geographical Location (Details) · retrieved Oct 11, 2026
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- DraftKings working with The Mint Gambling Hall Corbin for Kentucky access · retrieved Oct 10, 2026
- Licensed Platforms · retrieved Oct 11, 2026
- Six sportsbooks open Louisiana's online sports betting market · retrieved Oct 10, 2026
- Daily Fantasy Sports or Fantasy Contests in Massachusetts · retrieved Oct 10, 2026
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- DraftKings fined over faulty wagering limits tool for addicts · retrieved Oct 11, 2026
- In the Matter of: Crown MA Gaming, LLC d/b/a DraftKings Noncompliance Incident, Decision · retrieved Oct 11, 2026
- Colorado Limited Gaming Control Commission Public Session Minutes, July 17, 2025 · retrieved Oct 11, 2026
- Colorado fines DraftKings for Tyson-Paul bets and college prop · retrieved Oct 11, 2026
- DraftKings Agrees to Voluntarily Return $3 Million to Connecticut Consumers · retrieved Oct 11, 2026
- DraftKings Fined In Michigan For Not Processing Player Withdrawal Request · retrieved Oct 11, 2026
- 11-20-24 Signed Settlement Agreement (DraftKings) · retrieved Oct 11, 2026
- In the Matter of: DraftKings Potential Noncompliance Incident, Decision · retrieved Oct 11, 2026
- New Jersey Regulators Fine DraftKings $100K for 'Unacceptable' Data Errors · retrieved Oct 11, 2026
- PA Gaming Control Board Levies $20,000 in Fines · retrieved Oct 11, 2026
- In the Matter of: State of New Jersey, Division of Gaming Enforcement v. Crown NJ Gaming, Inc. d/b/a DraftKings Inc. (Docket No. 23-0991-VC) · retrieved Oct 11, 2026
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