DFS Site DraftKings Went Public on Friday

DraftKings began trading Friday morning on the NASDAQ Global Select Market under the symbol DKNG. DraftKings’ debut as a publicly listed company came one day after it completed a business combination with SBTech and Diamond Eagle Acquisition Corp. (DEAC), a special-purpose acquisition company.

Under the deal, DraftKings becomes the first vertically integrated, pure-play sports betting and online gaming company based in the United States with full control of its back-end technology and trading platform.

“By bringing together our leading consumer brand, data science expertise and industry-leading products with SBTech’s proven techno

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About Editor

Rich Nilsen is a 20-time qualifier to the National Horseplayers Championship (NHC), an event he has cashed in 5 times. He was the first player to finish in the top 10 of the NHC twice. A former executive with Brisnet.com and member of the NHC Players’ Committee, Rich is a graduate of the UofL Equine Business Program and is founder of AGameofSkill.com, a site devoted to horse racing education and promotion. He was elected into the NHC Hall of Fame in 2025.

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