# DraftKings

DraftKings is an Asset Manager based in Boston, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Boston, United States
- **Region:** North America
- **Address:** Boston, MA, United States
- **Founded:** 2012
- **Assets under management:** Undisclosed
- **Website:** draftkings.com

## About

The best place to play daily fantasy sports for cash prizes. Make your first deposit!

## Sectors

- Media & Entertainment

## Offices

- Toronto, Canada
- Los Angeles, CA
- San Diego, CA

## People

- Jason Robins — Co-Founder & CEO
- Matt Kalish — Co-Founder & President, DraftKings North America
- Paul Liberman — Co-Founder & President, Global Technology and Product

## Questions

### Who runs investment and capital-allocation decisions at DraftKings?

As a publicly traded operating company rather than a traditional investment firm, DraftKings does not have a chief investment officer in the family-office or allocator sense. Capital allocation is governed by the board of directors and executed by the CEO and CFO. The founding trio — CEO Jason Robins, President Matt Kalish, and President Paul Liberman — remain deeply involved in strategic decisions, including M&A and market-entry priorities.

### How does DraftKings source and execute acquisitions?

The company pursues acquisitions that expand its technology stack or geographic reach. Primary-source examples include the 2022 purchase of Golden Nugget Online Gaming for roughly $1.5 billion in stock and the 2024 acquisition of Jackpocket for approximately $750 million. These deals are negotiated directly by senior management and disclosed in public filings, not through a blind-pool investment committee process.

## Related profiles

- [Dragos](https://altss.com/profile/dragos)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/draftkings

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology