DraftKings (NASDAQ: $DKNG) Breakout Likely Into March Madness!ð
DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. It operates through two segments, Business-to-Consumer and Business-to-Business. The company provides users with daily fantasy sports, sports betting, and iGaming opportunities, as well as media and other online consumer products. It is also involved in the design, development, and licensing of sports betting and casino gaming platform software for online and retail sportsbook, and casino gaming products. In addition, the company offers DraftKings Marketplace, a digital collectibles ecosystem designed for mainstream accessibility that offers curated initial non-fungible token drops; and advertising and sponsorship services. It distributes through various channels, including traditional websites and direct app downloads, as well as direct-to-consumer digital platforms, such as the Apple App store and the Google Play store. DraftKings Inc. was incorporated in 2011 and is headquartered in Boston, Massachusetts.