Draftkings Las Vegas Office Address

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Since leasing office space from WeWork for 300 employees, DraftKings has expanded into the Las Vegas area.

DraftKings is like a traditional bookmaker, offering bets on normal sports as well as bets on esports, but isn’t an exclusive isn’t like ArcaneBet and other esports betting sites.

Previously, the fantasy sports outfit and fantasy esports opened an operation in the city that has seen a dozen employees in the offices since 2018, although the workforce has grown to around 70 since then. The new space is much bigger and DraftKings staff have already moved to the new building preparing to expand in 2020.

DraftKings announced that they plan to hire over 200 extra people in offices over the next year as part of the move.

The President and Co-founder of DraftKings, Matt Kalish, spoke about the transition on a media tour of the new office space;

“When it comes to sports betting, this is a historic area. For many decades it was the focus of all this action in our region. “The opportunities for sports betting continue to open up nationally.

We see ourselves as deeply as possible in the community.” We want to keep the pack running and we must invest in Las Vegas to take advantage of some great talent in this market. “Johnny Avello, a former director of Wynn Las Vegas, who moved to DraftKings in 2018 to work in the same role for the sports book company in Boston, was one among those people employed by DraftKings in Vegas.

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“It’s been at work here for a very long time and it’s perfect to me,” Avello said. “Town Square offers great amenities and a great environment for work. There are also residents near the airport who have to get in and out. We look to be in that market wherever sports betting is legal.

DraftKings, Las Vegas Office 6543 S Las Vegas Blvd Get Directions DraftKings Las Vegas, NV (US) Reviews We don't have any reviews for DraftKings Las Vegas, NV (US). Get this page going by posting a review. Jan 17, 2020 DraftKings’ new Las Vegas office is located at Town Square on Las Vegas Boulevard. Around 70 people are currently part of the company’s Las Vegas operations and 300 more are expected to join the team in the coming months. RaftKings announced this week the opening of its new, near-300 employee office in Las Vegas, as it continues to experience rapid growth. The entire office will be customized from floor plan to DraftKings-branded design, providing employees with collaborative workspaces, as well as access to a variety of workstations, enclosed offices, conference rooms, phone booths, private lounge areas and more. Check out what each office has to offer. One of our newest locations in one of the world’s most exciting cities. View all Las Vegas jobs.

The relocation to Vegas is also seen as a means for the business to continue tapping into the lucrative market for Nevada gaming, esports betting and fantasy esports.

  • DraftKings’ Las Vegas office will be the company’s second-largest in the US behind the Boston location
  • Paid daily fantasy contests are illegal in Nevada, but DK hopes to begin sports betting operation in the state
  • DraftKings’ partnership with Caesars could be the key to long-term success

Paid daily fantasy sports contests may not be legal in the state of Nevada, but that hasn’t stopped the biggest DFS provider on the planet from coming to the state. On Wednesday, DraftKings officially opened an office in Las Vegas.

The company’s president and co-founder, Matt Kalish, as well as race and sports director Johnny Avello welcomed guests to the new office at Town Square, where 70 employees will begin work immediately. As many as 300 employees may move into the office in the coming months.

While DraftKings is primarily known as a daily fantasy sports platform, the decision to open a Las Vegas office has much more to do with the company’s burgeoning sports betting operation. In a few months, DK’s Vegas office is expected to be the company’s second largest headquarters in the United States behind its Boston operation.

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DraftKings’ employees officially began work in the new space on Monday, where a call center has already been opened dedicated to customer experience, sportsbook traders, fraud, human resources, information technology and casino matters.

DraftKings’ Sports Betting Focus

DraftKings has yet to open a sportsbook or launch its mobile betting app in Nevada, and Kalish says there is no firm timetable on when the company will do so. DraftKings decided to get into the realm of sports betting shortly after the United States Supreme Court decided to strike down the Professional and Amateur Sports Protection Act (PASPA) in May of 2018.

Since then, the company has launched its mobile sports betting app in Pennsylvania, New Jersey, Indiana, West Virginia and New Hampshire. DraftKings also operates land-based sportsbooks in New York, New Jersey, Mississippi and Iowa.

DraftKings is not currently licensed to operate in Nevada, and Kalish said that the company has not decided how it will go about opening a retail outlet or secure the necessary licensing.

The state of Nevada requires a person to appear in person to sign up in order to establish a mobile gaming account. So far, nobody from DraftKings has done so. That process is different than the process required in other states. DraftKings already has agreements in place with Caesars Entertainment Corp. and Penn National Gaming.

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Avello officially signed on with DraftKings in October of 2018 after spending years working as the sportsbook director at Wynn Las Vegas. Avello has since put together a team of professionals with plenty of experience working at several different Vegas-based sportsbooks.

DraftKings’ Troubles in Nevada

Draftkings Las Vegas Office Address Phone Number

DraftKings has reportedly had interest in operating in Nevada for at least 5 years. However, back in 2015, the Nevada Gaming Control Board determined that daily fantasy sports contests are a form of gambling. Regulators then required DraftKings, FanDuel and other DFS platforms to cease operations in Nevada unless they managed to secure the proper licensing.

Draftkings las vegas office address phone number

Representatives from both DraftKings and FanDuel unsuccessfully lobbied with the Nevada Gaming Policy Committee in order to recommend a special DFS license to the state’s legislature.

Caesars Partnership is Key

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DraftKings officially announced its aforementioned partnership with Caesars in February of 2019. As a part of the agreement, Caesars grants DraftKings market access for the company’s online gaming products subject to the passage of necessary laws. Caesars has also maintained a relationship with the NFL, which has already endorsed daily fantasy sports as a game of skill rather than a game of chance (gambling).

DraftKings officially unveiled its sports betting app shortly after New Jersey legalized sports betting in 2018. The company has since gone on to become a leader in the industry in the state. However, FanDuel has surpassed DraftKings in terms of gross gaming revenue in New Jersey as of December 2019.

DraftKings’ progression into Nevada could see a boost in the coming months with Caesars expected to merge with Reno-based Eldorado Resorts Inc. Once the $17.3 million pact is officially approved by the state, Caesars will operate almost 60 properties across 18 different states. Many of those states have already legalized sports betting, while others are expected to do so in the coming months and years.