DraftKings Promo Code May 2025: Get $200 Bonus + $1K Deposit Offer

Best DraftKings bonus offers for new users

We identify, claim, and test each of the best U.S. sportsbook bonuses to ensure they are reasonable and obtainable for all new users, regardless of years of gambling experience.

The latest 'bet and get' DraftKings Sportsbook bonus — one of the best NBA betting promos for the upcoming playoffs — is easy to unlock, especially since no DraftKings promo code is required. Simply sign up with one of the best betting sites, make the initial qualifying deposit, and place a $5 wager to access your welcome offer.

How to get the $200 on DraftKings?

Bet $5, Get $200 Instantly

New customers only. Deposit min. $5. Place first bet of min. $5 and get $200 in bonus bets.

Claim $200

Only keep reading if you have never deposited on any DraftKings betting product. 

If you’ve yet to place a bet with DraftKings Sportsbook, this new user-friendly sign-up bonus checks all the right boxes.

Sign up for DraftKings and make a new sportsbook account. Next, confirm your identity and location. Lastly, make a qualifying deposit of at least $5 and a $5 wager on any sports market. Regardless if you win or lose your bet, DraftKings will credit your account with eight $25 bonus bets. You must wager each DraftKings bonus bet individually and cannot combine them with any additional promo. If you win your $5 bet, you also keep the winnings.

The DraftKings NC promo code welcome offer is the same as its national promotion. 

How to get a DraftKings $1,000 bonus?

$1,000 Deposit Bonus

Claim $1,000

New DraftKings Sportsbook users can also opt for the online operator's 20% deposit match of up to $1,000. However, we urge you to proceed with caution when choosing this offer. While the $1,000 is eye-catching, you must:

• Make an initial $5,000 deposit to unlock the full DK Sportsbook bonus.
  
  
• Wager a total of $25,000 to receive the full bonus. DraftKings releases your bonus in $1 increments each time you wager $25 on a market with -300 odds or longer.
  
  
• Additionally, the bonus is non-withdrawable and carries a 1x wagering requirement that must be met within 90 days before you can redeem any winnings derived from the funds.  
  
  
• This DraftKings sign up bonus is available until 11:59 p.m. ET on June 30, 2025. 

Covers Expert Analysis

"While the offer presents a lucrative upside, I warn interested bettors to be wary of the steep terms attached. I struggled to track all my bets I was required to make to meet the wagering requirements and unlock the full bonus."

Michael Duchesne, Sports Betting Editor

DraftKings promo code summary for this week

DraftKings promo code terms and conditions

You do not require a DraftKings promo code to secure the operator's 'Bet $5, Get $200 Instantly' promo, but there are some important terms and conditions to remember:

• This DraftKings promo code bonus expires on May 18, 2025, at 11:59 p.m. ET.
• Make a minimum $5 deposit and a qualifying wager of at least $5 on any sports betting market to activate the bonus.
• Win or lose your first bet, DraftKings will give you eight $25 bonus bets instantly.
• If your first bet wins, you also keep the winnings.
• New users can also claim DraftKings' secondary welcome offer, where the online sportsbook will match 20% of your initial deposit, up to $1,000 in bonus bets.
• The stake is not included in any winnings derived from the DraftKings bonus bets, which expires seven days (168 hours) from issuance.

Claim DraftKings bonus

How do you enter promo codes on DraftKings?

You can take advantage of the DraftKings Sportsbook sign-up offer quite easily, even if you are a novice sports bettor who is just getting started. Here are step-by-step instructions:

Is DraftKings legal?

Yes, DraftKings is legal if you're physically located in one of the 26 states plus DC listed below. Refer to this section to see which DraftKings promo code new user offer you qualify for in 2025.

What's new: With legal Missouri sports betting slated to launch in 2025, keep an eye on DraftKings. It's possible the sports betting giant will be one of the first platforms to go live in the state.

Will we see a DraftKings Florida or DraftKings Minnesota in 2025? Keep tabs on all states with legal sports betting and find out where the online sportsbook could launch next.  

DraftKings promo comparison

We love the current DraftKings welcome bonus because it's guaranteed and easy to claim for all bettors. 

The FanDuel welcome bonus is the most comparable, but FanDuel Sportsbook requires you to win your first bet to secure the promotion, which is a negative in our eyes. Caesars and BetMGM each provide a much more valuable offer, but both are less accessible for the average bettors. You must invest $1,500 to maximize the BetMGM promo, while you must be use your 10 profit boosts from Caesars Sportsbook extremely strategically to extract anywhere near its peak potential. 

	DraftKings	FanDuel	Caesars Sportsbook	BetMGM
Welcome bonus	Bet $5, Get $200 Instantly	Bet $5, Win $200	Double Your Winnings (10x)	$1,500 First Bet Offer
Promo code	Not required	Not required	COVERSBONUSDYW	CVRBONUS1500
Bonus type	Bet and get	Bet and get	First bet offer	Deposit bonus + Second chance bet
Bonus form	Eight (8) $25 bonus bets	$200 in bonus bets	10x 100% profit boosts, each worth up to $2,500	One (< $50) or five (> $50) bonus bets + $50 exclusive bonus
Wagering period	7 days	7 days	14 days	seven days (168 hours)
Min. deposit	$5	$5	$10	$10
Covers BetSmart Bonus Rating	⭐ 4.6/5	⭐ 4.9/5	⭐ 5/5	⭐ 4.8/5

DraftKings promo code for existing customers

DraftKings Sportsbook regularly provides registered sports bettors with a variety of loyalty rewards and daily bonuses, none of which require DraftKings promo codes to secure.

List of sports you can bet on with DraftKings

DraftKings Sportsbook is one of the industry's most well-rounded sports betting operators, offering competitive betting lines for all of your favorite sports in North American sports, including:

 NFL

 MLB 

 NBA

 NHL

UFC

But this is just the tip of the iceberg with DraftKings. From golf and NCAAF to snooker and darts, there's something for everyone at DraftKings Sportsbook. DK also makes our lists of the best F1 betting sites, best boxing sites, UFC betting sites and Oscars betting sites for the Academy Awards. Looking to wager on college football? Look no further than DraftKings, which is one of our top college football betting sites available today.

Covers Expert Analysis

"DraftKings is one of my go-to betting sites for all things NFL, as it is among the best football betting sites, football betting apps, parlay betting sites, and prop betting sites in 2025." 

Michael Duchesne, Sports Betting Editor

DraftKings Sportsbook bet types

DraftKings Sportsbook provides bettors with many betting options for each sports league. We've highlighted the most popular bet types you can find at DraftKings in 2025 below: 

More sportsbook sign-up bonuses

Identifying the right sportsbook bonus is a crucial step in your sports betting journey. Aside from DraftKings Sportsbook, here are some of our favorite sign-up offers available in 2025.

Best Caesars Bonus

Learn about the best sportsbook welcome bonus at Caesars.

Caesars Promo Code

Best FanDuel Bonus

Check out the top FanDuel Sportsbook sign-up bonus.

FanDuel Promo Code

Best Fanatics Sportsbook Bonus

Claim your Fanatics Sportsbook sign-up promo today.

Fanatics Sportsbook Promo Code

DraftKings app review

Bet $5, Get $200 Instantly

New customers only. Deposit min. $5. Place first bet of min. $5 and get $200 in bonus bets.

Claim $200

We have the DraftKings Sportsbook mobile app as one of our top U.S. sports betting apps in 2025 thanks to its user-friendly design, allowing you to access to great selection of daily promos with a few swipes easily. 

The DraftKings app is highly rated on both the App Store and Google Play Store, where you can download it for free, boasting a 4.8/5 and 4.3/5 score, respectively. The mobile app is constantly improving itself, undergoing regular updates to enhance its mobile betting capabilities. The DraftKings Sportsbook iOS app recently underwent an update in March 2025,enhancing the overall user experience as the playoff race in the NBA and NHL heat up, and ahead of March Madness 2025. Android bettors received a similar update around that time. 

You can click here to download the DraftKings Sportsbook iOS app. Android users can access the DraftKings Sportsbook app on the Google Play Store by clicking here. 

DraftKings iOS app

DraftKings live betting

In our opinion, DraftKings' live betting experiences is second-to-none in 2025. You can wager on 'In-Play' or 'In-Game' markets for most sports and earn lucrative payouts for your attentiveness towards a game's momentum. 

Simply navigate to the 'Live In-Game' section, browse the available live betting markets, and place a wager when the continuously changing odds swing in your favor. We love DraftKing's live flash props, which provide an additional layer of intrigue to the game you're watching by offering exclusive, event-specific bets, such as 'Will the next drive result in an offensive score?' or 'Will the next play be a run or a pass?'. 

DraftKings iOS app

Covers Expert Analysis

"Live betting represented more than 50% of DraftKings handle in Q1 2025, the first time in company history in-play wagering made up the majority of handle, $DKNG CEO Jason Robins said during a recent earnings call." 

Ryan Butler, Senior News Analyst

DraftKings live streaming: NFL Betvision 

NFL BetVision lets customers stream in-network and nationally televised NFL games directly within the DraftKings Sportsbook app by placing a wager on the event. Available in U.S. jurisdictions where DraftKings Sportsbook operates and Ontario, Canada, the feature supports bonus bets and remains active even if your bet settles before the game ends.

DraftKings betting odds and restrictions

For all that the sportsbook does well, DraftKings' 'league average' odds are a huge win for bettors. In a vacuum, you can certainly find better value by line shopping with multiple sportsbooks, but DraftKings' competitive lines provided by SBTech round out a truly exceptional and complete sportsbook package.

DraftKings does limit bettors, but this shouldn't be a deterrent for most sportsbook users. However, maximum bet limits on odds boosts can be frustrating. View 'Sport Specific Limits' in the 'General Betting Rules' section for more information. We've outlined the payout limits for the following top U.S. sports betting markets: 

🏈⚾ American football and baseball - $1 million for NFL and MLB, including the MLB World Series; $250,000 for additional competitions.

⚽︎ Soccer - $500,000 for top leagues and international events; $100,000 for additional competitions.

🏀 Basketball - $1 million for NBA, Euroleague, and top international events like the Olympics; $250,000 for all other competitions.

🏒 Hockey - $250,000 for NHL and top international events like the Olympics; $50,000 for additional competitions. 

🎾 Tennis - $150,000 for all Grand Slam tournaments after the third round; $75,000 for all ATP and WTA tournaments from the quarter-finals onwards; $40,000 for additional competitions.

DraftKings customer service

Registered users can connect with a DraftKings customer support representative by filling out an easy-to-use online form or talking directly via the 24/7 live chat feature. Though the DraftKings customer service number via it's dedicated phoneline only allows for callbacks, you can also reach them on all major social media platforms. DraftKings' customer service staff welcomes your feedback and responds extremely quickly to general inquiries.

💬 Live chat: 24/7

📧 Email: sportsbook@draftkings.com

☎️ Phone: Leave a voicemail at 1 (855) 357-2377

🌎 Support languages: English

📱 X (Twitter): @DK_Assist

DraftKings payment methods

DraftKings supports several popular banking options, making it easy to top up your account and access your sportsbook winnings. PayPal, Play+, Visa, and Mastercard are among the most commonly used deposit and withdrawal options.

Best DraftKings promos by vertical

DraftKings Casino

350 Spins + Up to $1,000 Back in Casino Credits

New customers only. Must be 21+ years of age or older. Must be physically located in: MI, NJ, PA, or WV. Casino Credits are valid for seven days from the time they are credited to account.

Claim Now

No DraftKings Casino promo code is required to claim DK's latest online casino welcome bonus. New users in Michigan, New Jersey, Pennsylvania, and West Virginia can secure up to $1,000 of their losses back in Casino Credits during the first 24 hours plus 350 spins after creating a new account and making a $5 deposit.

You will receive your free spins to use on a featured game once you have made a $5 minimum wager, while a cumulative loss of at least $5 after 24 hours is required to receive any Casino Credits.

Deposit $5 then wager $5 or more to trigger the spins bonus.

Casino Credits have a 1x wagering requirement, meaning you only need to play through these funds once before withdrawing winnings.

Casino Credits and bonus spins expire after seven days.

Offer not currently available in Connecticut.

Our DraftKings Casino review outlines everything you need to know about this top-notch operator, including how it scored a 4.3/5 on our Covers BetSmart Rating system. 

DK Horse

  

Up to $250 Deposit Match Bonus

New DK Horse Users Only

Claim $250

Saddle up for another exciting year of horse racing betting action by registering with DK Horse today. You can put yourself into pole position for every race in 2025 by claiming its latest welcome offer — a 100% match on your initial deposit, up to $250.

We've taken a lap around the track to detail this enticing racebook offer below:

This DK Horse welcome bonus is currently ongoing.

You must make a $25 minimum deposit to qualify. DraftKings Horse will match 100% of your initial deposit, up to $250, in bonus bets. 

All bonus is awarded within 72 hours and is withdrawable after completing the 2x playthrough requirements.

DK Horse is only available in the following states — CA, CO, FL, IL, IN, IA, KY, LA, MD, MA, MN, MT, NY, OH, OR, PA, VA, WA, WV, WY.

DraftKings Daily Fantasy

  

Play for a Share of $1M in Prizes

Ends: June 30, 2025

 Claim Now

DraftKings operates one of the top daily fantasy sports (DFS) platforms in North America. With DraftKings Daily Fantasy, you draft your team, set your lineup, and take on your friends or other DFS players in public leagues. Additionally, you'll earn tier credits and DraftKings Crowns by entering contests, allowing you to ascend DraftKings' Dynasty Rewards loyalty program rapidly. 

You can sign up with DraftKings Daily Fantasy Sports today to receive free play for your chance to win a share of $1 million in prizes. Make a minimum $5 deposit, and DraftKings DFS will issue you one (1) $3 ticket into the DraftKings Daily Fantasy contest.  

Choose from fantasy football, basketball, baseball, hockey, golf, MMA, NASCAR, and more. DraftKings Fantasy is among the best esports betting sites in 2025. DraftKings Fantasy contests include: 

Casual: For players who have yet to earn an experience badge but have played over 50 contests.

Head-to-Head: A one-on-one, winner-take-all match-up. Score more points than your opponent, and you win.

50/50s: Finish in the top half of all teams competing to win real cash.

Tournament: Join a private or public contest and win prizes as you advance.

What are DraftKings Missions?

DraftKings Missions allow you to earn additional DK Crowns daily by completing specific DraftKings Fantasy Sports tasks, such as 'Play in any $5+ Contest to earn 100 Crowns'. 

To start, simply log into your DraftKings Fantasy Sports account via the app or on your desktop. If you're on mobile, locate the 'Missions' section on the homepage, tap, and opt into your daily mission. Desktop users will find their mission in the 'Mission' tab of the 'Promos' section. The task will automatically appear in your Mission tracker, allowing you to record your progress easily. You will receive your DraftKings Missions rewards — which hold no expiration date — immediately after completing the task. 

DraftKings Pick6

  

Bet $5, Get $50 Instantly in Pick6 Credits

Ends: June 22, 2025

 Claim $50

DraftKings Pick6 is a peer-to-peer DFS platform that operates similarly to DraftKings Daily Fantasy, allowing you to build lineups from various sports leagues to win prizes. Today, you can claim $50 in Pick6 Credits if you're new to DraftKings Pick6 and place a minimum $5 entry fee into any available contest. This Covers-verified DraftKings Pick6 welcome bonus is available until June 22, 2025. 

DraftKings Dynasty Rewards

DraftKings offers 'Dynasty Rewards' program — one of best sportsbook rewards programs of 2025 — a tiered loyalty system where you earn Crowns and Tier Credits for every dollar you wager. You can redeem your earned DraftKings Crowns for a variety of rewards, including DK Dollars, DFS contest entries, gift cards, bonus bets, and much more. You can also track your progress and loyalty status on a dedicated section of the DraftKings website, earning better benefits as you ascend tiers. 

Read below to discover how to earn DraftKings Crowns and Tier Credits and unlock access to some of the best sportsbook rewards available:

I've outlined how you can earn DraftKings Dynasty Rewards Crowns and Tier Credits below:

📲 DraftKings Sportsbook 

• Straight bets - 1 Tier Credit per $10 wagered
• Parlays and SGP wagers - 1 Tier Credit per $5 wagered

♥️♣️ DraftKings Online Casino 

• Slots - 1 Tier Credit per $10 wagered on most slot titles. Select slot games require a $25 wager to qualify
• Table games - 1 Tier Credit per $40 wagered. Some titles only require a $25 bet
• Keno and virtual sports - 1 Tier Credit per $10 wagered

🏅 DraftKings Daily Fantasy Sports

• Contests - 1 Tier Credit for every $5 in entry fees for any daily fantasy sports contest 

💲 DraftKings Marketplace 

• NFT drops - 1 Tier Credit per $2.50 spent on NFTs supplied by DraftKings
• Purchases - 1 Tier Credit per $10 spent on DraftKings Marketplace

How to use DraftKings Crowns? 

We've outlined how you can redeem your DraftKings Crowns in minutes: 

1. Log into your account and navigate to the 'Rewards' section. 
2. Select 'Dynasty' and click 'Redeem Crowns'. 
3. You can redeem your DraftKings Crowns for contest entries, DK Dollars, Casino Credits, or purchases at the Dynasty Rewards Store and DraftKings Shop. 

Recent DraftKings updates

Stay tuned to stay abreast of new DraftKings features and legal markets. Here's the latest DK news:

May 9, 2025: Live betting development powers DraftKings' hot start to 2025, as CEO Jason Robins believes live betting can produce as much as 70-80% of gross gaming revenue.

April 17, 2025: A DraftKings-connected company is no longer a pending member of the self-regulatory organization for the U.S. derivatives industry. 

April 3, 2025: The city of Baltimore files a lawsuit against DraftKings for violating its Consumer Protection Ordinance using deceptive and unfair tactics to exploit gamblers.

April 2, 2025: DraftKings now offers torpedo bat home run markets amidst MLB craze. 

March 18, 2025: DraftKings uses Kenny Rodgers' 'The Gambler' to promote responsible gaming for 2025 March Madness. 

March 14, 2025: DraftKings' responsible gaming initiatives extend beyond National Problem Gambling Awareness Month.

March 13, 2025: DraftKings registers the company name 'DraftKings Predict' with National Futures Association, suggesting that the online betting company will offer futures contracts in the near future.

March 4, 2025: DraftKings CEO Jason Robins is bullish about sports betting and iGaming legalization, as headway is being made in adding more states.

Feb. 27, 2025: Plaintiffs in the non-fungible token (NFT) class action lawsuit against DraftKings filed for preliminary approval of a $10 million settlement. The plaintiffs, who purchased DraftKings' Reignmakers digital game pieces, told the court the settlement was “fair, reasonable, and adequate.” 

Feb. 14, 2025: CEO Jason Robins says DraftKings is shifting its focus to live betting, intending to reach a new record in 2025. 

Feb. 13, 2025: DraftKings loses $100 million in the Fall of 2024, as the public NFL bettors have their best quarter in the past 40 years. 

Feb. 5, 2025: The DraftKings-Delta partnership will soon offer free in-flight gaming to SkyMiles members. 

Feb. 3, 2025: DraftKings' stocks sees a 10% rise in January, cementing itself as the clear second online gaming operator in market share in the U.S.

Jan. 28, 2025: DraftKings reportedly settles NFLPA's lawsuit over NFT payment obligations. 

Jan. 10, 2025: Covers' Ryan Butler tackles the top (not so likely) opportunities with the DraftKings-Delta partnership, including a potential reciprocity between each company's respective rewards programs.

Jan. 9, 2025: Bank of America analysts predict DraftKings will suffer a revenue decline in 2024 due to NFL favorites covering this season. 

Jan. 7, 2025: DraftKings' new parlay subscription service is best for both bettors and the sportsbook, Covers' own Ryan Butler explains. 

Jan. 6, 2025: DraftKings updates its welcome bonus, allowing new users to instantly claim $200 in bonus bets. 

Jan. 3, 2025: DraftKings offers a $20/month subscription service called DraftKings Sportsbook+ to select customers in New York, which provides incremental boosts on parlays.

Dec. 30, 2024:  A DraftKings bettor misses out on a $68K winning NFL parlay after taking the early cash out for $590 before overtime started. 

Dec. 30, 2024: DraftKings releases a list of the most bet-on events, games, players, teams, and more for 2024. Scottie Scheffler was the most-wagered athlete by handle. 

Dec. 18, 2024: A former DraftKings customer is suing the company for sharing their video-viewing habits without permission. 

Dec. 7, 2024: A DraftKings user's wife files a lawsuit after he loses $1 million of his family's money.

Dec. 6, 2024: Two U.S. Senators want DraftKings and FanDuel to be investigated for 'possible anticompetitive conduct' within the betting industry.

Dec. 2, 2024: DraftKings is optimistic about iGaming expansion in 2025, says CEO Jason Robins during the fourth annual Craig-Hallum Online Gaming Conference. 

Nov. 21, 2024: DraftKings files motion to have its MLBPA NIL case dismissed.

Nov. 20, 2024: Ohio regulator fines DraftKings $425K for accepting wagers on college props after the state banned them.

Nov. 15, 2024: DraftKings hires a government affairs specialist to ramp up lobbying efforts in Texas sports betting push. 

Nov. 8, 2024: DraftKings eyes election betting opportunities ahead of 2028.

Nov. 7, 2024: DraftKings lowers its yearly guidance despite a 39% annual Q3 revenue increase. 

Oct. 28, 2024: Sports betting influencer and DraftKings ambassador Taylor Mathis has been accused of manipulating cryptocurrency by inflating the $TAYLOR currency price and selling her shares before the price dropped.

Oct. 23, 2024: DraftKings and a former executive are close to settling their ongoing legal dispute. The betting platform accused Michael Hermalyn of taking confidential information to Fanatics Sportsbook when he started working there. 

Oct. 21, 2024: A DraftKings customer wins $98K on an NFL parlay in Week 7. 

Oct. 18, 2024: DraftKings adheres to the NBA's request to eliminate under prop betting markets for players on short-term contracts months after the Jontay Porter scandal. 

Oct. 17, 2024: DraftKings acquires Dijon Systems Limited to help improve its golf pricing. 

Oct. 16, 2024: DraftKings partners with Shaquille O'Neal ahead of the 2024-25 NBA season. 

Oct. 10, 2024: DraftKings repairs 'nightmare' outage ahead of a big sports night that featured games from the NFL, NHL, WNBA, and MLB Playoffs. 

Oct. 9, 2024: DraftKings CEO Jason Robins offers predictions for sports betting's near and distant future at the G2E Conference in Las Vegas. 

Oct. 9, 2024: Daily fantasy users in the UK received an email on Friday indicating that DraftKings would no longer be offering DFS services. 

Oct. 3, 2024: DraftKings gives an additional $5 million in pursuit of Missouri sports betting. 

Sept. 23, 2024: DraftKings and FanDuel double their contributions to Missouri's legal sports betting campaign, with each operator investing $5 million in support of the upcoming ballot. 

Sept. 23, 2024: A New York regulator calls out DraftKings for 'misleading' sports betting surcharge that was aborted a few weeks ago. 

Sept. 19, 2024: DraftKings gives $5 million to the Winning for Missouri Education campaign, raising the sportsbook's total contributions to more than $10 million. 

Sept. 17, 2024: The MLBPA files a lawsuit against DraftKings and other online operators for using its player's images without the union's permission. 

Sept. 12, 2024: Massachusetts regulators are investigating DraftKings for a golf betting email the sportsbook sent out in August. 

Sept. 6, 2024: DraftKings CEO talks about their proposed surcharge and future plans for tax hikes.

Sept. 5, 2024: DraftKings CEO believes the company can catch FanDuel, citing the sportsbook's live betting and various product innovations as key factors for the optimism. 

Aug. 29, 2024: DraftKings' Simplebet deal creates an iGaming opportunity for the sportsbook in the future. 

Aug. 28, 2024: DraftKings reaches a deal to acquire microbetting technology company Simplebet.

Aug. 27, 2024: DraftKings to open a retail sportsbook in Wisconsin at the Lake of the Torches Casino on Aug. 28, 2024. 

Aug. 22, 2024: DraftKings launches 'Electric Poker' platform in Michigan.

Aug. 14, 2024: DraftKings inadvertently sends an email blast about golf bets even if bettors did not place a relevant wager. 

Aug. 13, 2024: DraftKings kills sports betting surcharge after FanDuel refuses to implement a similar policy on winning bettors.

Aug. 2, 2024: DraftKings' sports betting 'surcharge' could be less about money and more about sending a message.

Aug. 1, 2024: DraftKings to start charging a "gaming tax surcharge" on winning bets in four states — Illinois, New York, Pennsylvania, and Vermont.

July 31, 2024: DraftKings announces that it is discontinuing Reignmakers and its NFT Marketplace.

July 26, 2024: DraftKings Sportsbook is officially live in DC, offering new users a 'bet $5, get $200' welcome promotion.

July 23, 2024: DraftKings Sportsbook is officially set to launch in DC, becoming the fourth online sportsbook to operate in the nation's capital.

July 22, 2024: Musburger Media purchases VSiN from DraftKings, allowing the sports betting network to operate separately from the online sportsbook. 

July 18, 2024: DraftKings becomes an official sports betting partner of the WNBA.

July 17, 2024: DraftKings unveils its pre-launch offer for DC bettors — sign up today and get $200 in bonus bets on launch day. 

July 8, 2024: The New Jersey Division of Gaming Enforcement fines DraftKings $100K for 'unacceptable' errors pertaining to sports betting data. 

July 2, 2024: The 'John Doe' is set to be named in the DraftKings extortion lawsuit after withdrawing their request to use a pseudonym in court. 

June 28, 2024: DraftKings sets its defense in the 'John Doe' lawsuit — which is requesting at least $1 million in damages against the sportsbook — ahead of the formal dismissal motion. 

June 25, 2024: DraftKings denies collusion allegations with a professional sports bettor to extort and threaten other users.  

June 14, 2024: A shrewd bettor won over $1.1 million on DraftKings by cashing out a 22-to-1 wager on Patrick Cantlay after the first round.

May 24, 2024: A recent report suggests that DraftKings is about to acquire SimpleBet, a microbetting technology provider. 

May 23, 2024: DraftKings adds new product and markets with the finalization of the JackPot acquisition. 

May 20, 2024: DraftKings updates its new user welcome offer — $1,500 No Sweat Bet. 

May 9, 2024: DraftKings acquires odds provider Sports IQ, which uses "advanced artificial intelligence and machine learning to build proprietary odds for the U.S. sports betting industry."

May 3, 2024: DraftKings CEO eyes bringing sports betting to Texas in 2025. 

May 1, 2024: DraftKings wins court battle with former VIP Executive, prohibiting him from bringing VIP clients over to his new position at Fanatics Sportsbook.  

May 1, 2024: DraftKings' lottery app Jackpocket announces record number of users during the "most successful month in company history." 

April 22, 2024: DraftKings announces that Lori Kalani will be joining the company as its first-ever Chief Responsible Gaming Officer.

April 18, 2024: Fanatics-owned PointsBet records more gross gaming revenue than DraftKings in New Jersey during March. 

April 18, 2024: Former DraftKings executive denies breach of contract claims before he joined Fanatics Sportsbook.

April 18, 2024: DraftKings receives a class-action lawsuit in New York due to misleading messaging around 'risk-free' bets. 

April 5, 2024: DraftKings partners with the New York Racing Association, becoming the official betting partner of the Saratoga Race Course and the Belmont Stakes. 

April 3, 2024: DraftKings is reportedly among several big-name sports betting brands eyeing entry into Brazilian market.

March 27, 2024: DraftKings launches the Responsible Online Gaming Association (ROGA) with six other major sportsbooks. 

March 25, 2024: DraftKings expands its problem gambling program to all 25 states it currently operates in.

March 22, 2024: Fanatics accuses DraftKings of a "culture of retribution" in new court filing amidst legal battle. 

March 19, 2024: DraftKings shuffles leadership team, appointing Jason Park as Chief Transformation Officer and Alan Ellington as CFO.  

March 11, 2024: DraftKings officially goes live in the Tar Heel State alongside the launch of legal North Carolina sports betting. 

March 1, 2024: DraftKings goes live with its North Carolina pre-launch welcome offer of $300 in bonus bets.

Feb. 27, 2024: North Carolina will start online sports betting sign-ups on Friday, and Covers' own Geoff Zochodne outlines what to expect from DraftKings and other expected sportsbook operators.

Feb. 26, 2024: DraftKings helps New York's sports betting revenue to bounce back, bringing in $17.6 million in profits for the week of Feb. 11..

Feb. 21, 2024: DraftKings is among several sportsbooks offering betting options for when and how Lebron James reaches 40,000 points, which has never been achieved in NBA history.

Feb. 15, 2024: DraftKings announced $1.23 billion in revenue in Q4, marking a 63.% YoY increase. 

Feb. 15, 2024: Reports indicate that DraftKings is purchasing Jackpocket — the leading lottery app in the U.S. — for $750 million. 

Feb. 14, 2024: DraftKings awaits punishment for non-compliance in Massachusetts sports betting after allegedly accepting funds that were deposited elsewhere via credit card in May 2023. 

Feb. 12, 2024: Barstool confirms an exclusive online sports betting partnership with DraftKings. 

Feb. 9, 2024: Judge rules in favor of DraftKings, but former Executive can work at Fanatics, as Michael Hermalyn is only barred from using the company's information and soliciting DraftKings' clients or employees. 

Feb. 6, 2024: DraftKings claims a former executive stole confidential information during move to Fanatics Sportsbook. DraftKings is suing Michael Hermalyn, alleging he hatched a "scheme" to steal from the company days before becoming VIP Fanatics. 

Feb. 5, 2024: DraftKings denies allegations of changing house rules during the Pebble Beach Pro-Am, which was called off Sunday evening due to severe weather. 

Jan. 31, 2024: DraftKings lands partnership with LeBron James. The NBA legend will provide football betting insight for the operator.  

Jan. 26, 2024: DraftKings add 'highly regarded' executive Marie Donoghue, assuming a strategic role to help the sportsbook operator drive future growth. 

Jan. 24, 2024: Barstool nears a multi-million dollar marketing deal with DraftKings to promote DK's odds and sportsbook across its brand. 

Jan. 22, 2024: DraftKings refunds wagers on Deebo Samuel props following his injury during the divisional round of the NFL playoffs. 

Jan. 15, 2024: FanDuel and DraftKings give $250,000 each to help start a petition drive to bring legal sports betting to Missouri

Jan. 11, 2024: DraftKings opens its doors in Vermont as the state officially launches legal sports betting.

Jan. 8, 2024: DraftKings partners with NASCAR, paving the way for the sportsbook to legally operate in North Carolina when the Tar Heel State launches its sports betting market later this year. 

Dec. 29, 2023: DraftKings is among the initial list of operators applying for a North Carolina sports betting license, vying to offer legal services when legalization occurs..

Dec. 26, 2023: A DraftKings sports bettor miraculously turns $5 into $489k on a 14-leg touchdown parlay. 

Dec. 15, 2023: DraftKings Sportsbook launches new 'Progressive Parlays' feature, allowing bettors to receive a payout even if one or more legs on their parlay lose. 

Dec. 12, 2023: DraftKings is one of three online sportsbooks to go live when legal Vermont sports betting launches on Jan. 11, 2024.

Dec. 4, 2023: DraftKings meets with New York State Gaming Commission Chair Brian O'Dwyer to ensure safeguards are in place to avoid the infamous '9/11 parlay' incident. 

Nov. 30, 2023: The MGC votes to allow DraftKings to void winning parlays placed at incorrect odds from a third-party vendor, Sportcast.

Nov. 16, 2023: Wisconsin teen pleads guilty to a 2022 DraftKings data breach case, in which they used stolen Daily Fantasy Sports login credentials to steal approximately $600,000.

Nov. 7, 2023: DraftKings announces a new sports betting product that will increase the online sportsbook's hold and be 'great for the customer.'

Nov. 3, 2023: DraftKings joins Maine's legal online sports betting market, offering new users $200 in bonus bets. 

Nov. 2, 2023: DraftKings reports third-quarter revenue of $790 million.

Oct. 31, 2023: DraftKings strikes an agreement with the Passamaquoddy Tribe to bring its online sportsbook to Maine.

Oct. 3, 2023: DraftKings unveils its latest new user welcome offer — 'bet $5, get $200 + No Sweat SGP

Sept. 28, 2023: DraftKings introduces a new welcome offer — 'bet $5, get $200 instantly + 3 'No Brainer SuperBoosts'' — to celebrate the launch of legal online Kentucky sports betting. 

Sept. 18, 2023: DraftKings adds a second-chance bet in addition to the existing offer for a total of $350 in bonus bets.

Sept. 7, 2023: DraftKings allows its new Kentucky sports betting customers to deposit funds before the state's online sports betting launch.

July 31, 2023: DraftKings releases version 4.21.0 of its iOS app.

Aug. 21, 2023: DraftKings rolls out its welcome bonus for the NFL season, a 'Bet $5, Get $200' promotion.

July 31, 2023: DraftKings releases version 4.21.0 of its iOS app.

June 27, 2023: DraftKings increased its sports betting market share this year at the expense of its competitors.

May 25, 2023: DraftKings releases version 4.16.1 of its iOS app.

March 10, 2023: DraftKings enters the newly-regulated MA market with its Massachusetts sports betting app.

Jan. 1, 2023: DraftKings launches its Ohio sports betting app.

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