What company owns DraftKings?

The publicly traded parent is DraftKings Inc., a Nevada corporation listed on Nasdaq as DKNG. That entity is the product of a 2022 holding-company reorganization — built to combine the original DraftKings business with Golden Nugget Online Gaming, which DraftKings acquired that year — not the original 2020 SPAC shell. No outside conglomerate owns DraftKings; it is its own public company.

Is DraftKings a US company?

Yes. DraftKings Inc. is incorporated in Nevada and headquartered in Massachusetts, and every state where it holds a sportsbook or casino license does so through a Delaware-formed, DraftKings-owned subsidiary. There is no offshore parent or foreign licensing body anywhere in the structure — which is the core difference between DraftKings and the Curaçao- or Comoros-licensed books this site also reviews.

Is DraftKings based in Las Vegas?

No. That assumption is common because sports betting reads as a Nevada industry, but DraftKings has run its operations from Boston since 2012 — years before it took its first legal sports bet in 2018. Nevada shows up in the story only as the state of incorporation for the DraftKings Inc. holding company, not as a headquarters or operations base.

Does DraftKings have a different company name in every state?

Functionally, yes. The consumer-facing app is branded DraftKings everywhere, but the legal entity behind each state license is a separate "Crown Gaming" subsidiary — Crown MA Gaming LLC, Crown NJ Gaming Inc., Crown PA Gaming Inc., Crown NY Gaming Inc., and similar entities in other licensed states. Regulators license the subsidiary operating in their state, not the Boston headquarters directly.

Where Is DraftKings Located? Back Bay, Boston

Q: Where is DraftKings located?

DraftKings’ corporate headquarters is at 222 Berkeley Street, 5th Floor, Boston, Massachusetts 02116, in the Back Bay neighborhood. That has been the company’s home base since its 2012 founding, well before the sportsbook business existed.

Where is DraftKings located? The company that started as a Boston daily-fantasy startup in 2012 never left — DraftKings Inc. runs its sportsbook and casino out of 222 Berkeley Street in Boston’s Back Bay neighborhood. But "located" splits into three separate answers once the paperwork gets involved: a Boston headquarters, a Nevada corporate charter, and a different state-licensed subsidiary in every market where the sportsbook actually takes a bet.

Where is DraftKings located? Given how tightly sports betting gets associated with Nevada, it is a fair guess that the answer involves a casino floor somewhere on the Strip. It does not. DraftKings has run its business out of Boston since day one, and the closest thing to a Las Vegas connection in the whole corporate structure is a state of incorporation on a stock filing.

The Back Bay Address

DraftKings lists 222 Berkeley Street, 5th Floor, Boston, Massachusetts 02116 as its headquarters — a commercial office building in Back Bay, a few blocks from Copley Square and the Charles River. Jason Robins, Matt Kalish, and Paul Liberman founded the company in Boston in 2012, years before DraftKings was a sportsbook at all; it started as a daily fantasy sports site and only added licensed sports betting after the Supreme Court struck down the federal sports-wagering ban in 2018. The Boston base predates the gambling business by six years.

Not a Nevada company in practice: Nevada only enters the picture as DraftKings Inc.’s state of legal incorporation. Headquarters, staff, and day-to-day operations are all Massachusetts — and DraftKings did not even hold its own Nevada sportsbook license until years after it was booking bets in New Jersey and other early states.

The Entity Behind the Ticker

DraftKings went public in April 2020 through a three-way merger with Diamond Eagle Acquisition Corp., a blank-check SPAC, and SBTech, a betting-technology company, beginning to trade as DKNG on Nasdaq that same month. That original public shell is not the current parent, though. In 2022, alongside its acquisition of Golden Nugget Online Gaming, DraftKings restructured under a new Nevada-incorporated holding company — originally filed as "New Duke Holdco, Inc." before being renamed DraftKings Inc. — which became the direct parent of both the original DraftKings business and GNOG. That Nevada entity, not a Massachusetts one, is the legal name on the Nasdaq listing today.

One License Per State, One Subsidiary Per License

Neither the Boston office nor the Nevada holding company is what actually appears on a state gaming license. DraftKings licenses each state through its own dedicated subsidiary, using a consistent "Crown Gaming" naming pattern: Crown MA Gaming LLC holds the Massachusetts Gaming Commission’s Category 3 sports wagering license, Crown NJ Gaming Inc. is licensed in New Jersey, and Crown PA Gaming Inc., Crown NY Gaming Inc., and comparable entities cover Pennsylvania, New York, and the rest of the states where the sportsbook is live. These subsidiaries are Delaware-formed corporations or LLCs, wholly owned by DraftKings Inc., that exist so each state regulator has one specific legal body to vet, fine, or revoke — separate from the app brand and separate from each other.

Three answers to one question: headquarters is 222 Berkeley Street, Boston, MA. Public parent is DraftKings Inc., a Nevada corporation. The entity actually licensed in any given state is a Delaware-formed Crown Gaming subsidiary specific to that state.

Why the Vegas Guess Is Understandable

Sports betting culturally reads as a Nevada business because Nevada ran the only legal US sportsbooks for decades before 2018. DraftKings leaned into that association with Las Vegas-style branding and odds-boost marketing, but the company itself was never built there. It is a Boston tech company that added a regulated betting product, not a Nevada casino operator that built an app.

The Short Version

DraftKings is headquartered at 222 Berkeley Street in Boston’s Back Bay, publicly traded through DraftKings Inc., a Nevada corporation formed in its 2022 reorganization, and licensed state-by-state through separate Crown Gaming subsidiaries rather than a single national entity. The Boston address is genuinely where the company operates; what changes from state to state is which subsidiary and which regulator hold the actual license. 21+ where legal.

Where Is DraftKings Located?

The Back Bay Address

The Entity Behind the Ticker

One License Per State, One Subsidiary Per License

Why the Vegas Guess Is Understandable

The Short Version

Where is DraftKings located? — Frequently Asked Questions