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DraftKings Inc. is an American gambling company based in Boston, Massachusetts. It offers sportsbook and daily fantasy sports (DFS) services. The company was originally launched in 2012 as a DFS provider, competing principally with the New York–based FanDuel .
Jackpocket (a portmanteau of 'jackpot' and 'pocket') was founded in 2013 by Peter Sullivan to create an app for ordering lottery tickets. [3]The company operates as a lottery courier service; users can order lottery tickets through the Jackpocket app, but the tickets are purchased by the company on the user's behalf; it earns its revenue from service fees when a user funds their account.
Daily fantasy sports (DFS) are a subset of fantasy sport games. As with traditional fantasy sports games, players compete against others by building a team of professional athletes from a particular league or competition while remaining under a salary cap, and earn points based on the actual statistical performance of the players in real-world competitions.
DraftKings has also received investments from Jerry Jones and Robert Kraft, who own the Dallas Cowboys and New England Patriots, respectively. [ 46 ] [ 47 ] The legality of daily fantasy sports has been questioned, with critics arguing that they more closely resemble proposition wagering on athlete performance than a traditional fantasy sports ...
DraftKings expects full-year 2022 revenue to be in a range of $1.7 billion to $1.9 billion versus the estimate DraftKings reported quarterly revenue of $213 million, up from $133 million year-over ...
Sports betting is offered in the state exclusively by DraftKings, on behalf of the New Hampshire Lottery. [5] [6] DraftKings accepts wagers online and through self-serve kiosks at four retail sportsbooks, located in Dover, Manchester, Seabrook, and Nashua, New Hampshire. [7] Sports betting was legalized by the state in 2019.
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