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| DraftKings Promo Code Details | |
| ❔ Promo Description: | Get A No-Sweat First Bet up to $1,000! |
| 📝 Promo Terms: | 21+ Gambling Problem? Call or text 1-800-GAMBLER or Chat 24/7 at ncpgambling.org/chat |
| Claim Now 🔗 | |
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DraftKings Codes & Promos
DraftKings, a prominent player in the world of fantasy sports and sports betting, was founded in 2012 by Jason Robins, Matthew Kalish, and Paul Liberman. Here’s a concise history of DraftKings:
DraftKings was founded with the vision of revolutionizing the traditional season-long fantasy sports model by offering daily and weekly fantasy contests across a variety of sports, including football, basketball, baseball, hockey, golf, and soccer.
The company quickly gained traction in the fantasy sports industry, attracting millions of users with its innovative gameplay formats, large prize pools, and user-friendly platform.
In 2015, DraftKings and its main competitor, FanDuel, embarked on an aggressive marketing campaign, flooding the airwaves with advertisements and securing partnerships with professional sports leagues and teams to increase brand visibility.
Despite facing legal challenges and regulatory scrutiny in some states over the legality of daily fantasy sports, DraftKings continued to expand its operations, securing licenses and partnerships in various states where DFS was legalized.
In 2018, following the legalization of sports betting in the United States, DraftKings expanded its offerings to include sports betting services. The company launched its online sportsbook in New Jersey and quickly expanded to other states as more jurisdictions legalized sports betting.
DraftKings went public in April 2020 through a merger with Diamond Eagle Acquisition Corp., a special purpose acquisition company (SPAC), and SBTech, a technology provider for the betting industry. The merger resulted in DraftKings becoming a publicly traded company listed on the NASDAQ stock exchange under the ticker symbol “DKNG.”
Since going public, DraftKings has continued to experience significant growth, solidifying its position as a leading provider of fantasy sports and sports betting services in the United States and beyond. The company continues to innovate with new products and features, expanding its reach and capturing market share in the rapidly evolving online gambling industry.
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