DraftKings is a sports betting company. It allowing users to enter a wide variety of different fantasy and non-fantasy sport competitions. In 2021 the platform had 8+ million customers and was live in 12 U.S. states, there is good potential to enter 10+ other states where sports betting has recently been made legal.
The company's Sportsbook offers mobile and retail betting for major U.S. and international sports. There are leagues for fantasy football, baseball, basketball, hockey, golf, college football, and college basketball.
In 2021 DraftKings announced they plan on launching an NFT collectables marketplace where they will create sports and entertainment-themed collectibles. They are further hoping to make the purchase of NFTs simpler by allowing customers to buy in USD rather than cryptocurrency. Whilst it is a high risk, entering the NFT market could be massively profitable for the company.
Freddie
Company Specialist at Welcome to the Jungle
