Three Things You May Not Know About DraftKings
If you know anything about daily fantasy sports, you have probably come across the DraftKings brand from time to time. With each passing day, this operator continues to prove why it is one of the top players in the industry.
While there are many benefits of signing up with DraftKings, including some of the highest paying contests in the industry, it is safe to say that you may not know everything about the company.
Check Out these Facts
These three details are sure to open your eyes. They may even get you more excited about DraftKings than ever before:
- In a recent Fortune article, DraftKings CEO Jason Robins noted that the company had “two hundred thousand sign-ups” in a recent day. This is a huge number when you take into account that its total user base is approximately 4.5 million people.
If nothing else, this proves that DraftKings is growing at an unprecedented rate.
- DraftKings entry fees increased from $45 million in 2013 to $304 million in 2014. It goes without saying that 2015 is going to be an even better year. Some believe that DraftKings will reach $1 billion in entry fees within the next five years.
Even with so much money flowing into the company, DraftKings remains unprofitable.
- DraftKings has signed an exclusive partnership with ESPN, the biggest name in sports programming. While the exclusivity portion of the deal does not come into play until January 2015, the agreement is already paying off big time. It gives the company direct access to its target audience.
As a player, you don’t need to be familiar with details like these. As long as you are having fun, picking the right team, and hopefully winning money, nothing else truly matters. Even so, these types of facts prove that DraftKings is a dominant force that is poised to continue its growth.