DraftKings is, with FanDuel, one of the two dominant US online sportsbooks — number two by market share and backed by a Nasdaq-listed business (DKNG) answerable to strict US state regulators. Its sportsbook is elite (deep US-sports coverage, a top same-game-parlay product, DFS heritage), the app is best-in-class, and where its casino is licensed it's excellent, all now tied together in a single-wallet Super App. The honest caveat is scope: DraftKings is US-only and licensed state by state, so it's only available (and legal) where your state has approved it, with online casino live in fewer states than the sportsbook, and no crypto. If you're in a US state where it operates, it's a top-tier choice; outside the US it isn't an option.
Bonus offers change and vary by country — always confirm the current amount, code and wagering on DraftKings's own site. 18+, new customers only.
DraftKings quick facts
| Founded | 2012 (incorporated 2011), Boston |
| Owner | DraftKings Inc. (Nasdaq: DKNG) |
| Licensing | Licensed state by state by US state gaming regulators |
| Availability | Online sports in 25+ US states + DC; online casino in fewer states |
| Market position | #2 US sportsbook by GGR (~34%), behind FanDuel |
| Casino | Slots, table games, live dealer where licensed |
| Payments | PayPal, cards, online banking, shared wallet; no fees. No crypto |
| Apps | Best-in-class iOS & Android; Sports & Casino Super App |
How we rated DraftKings
Overall 8.7/10 — a weighted editorial score across six criteria. How we rate →
Pros
- One of the two biggest US sportsbooks (#2 by market share), Nasdaq-listed
- Elite sportsbook with a class-leading same-game-parlay product and DFS heritage
- Best-in-class app and a single-wallet Super App across sportsbook, casino & DFS
- Strong online casino where licensed; fast payouts, no DraftKings fees
- Licensed by strict US state regulators — strong player protection
Cons
- US-only and licensed state by state — unavailable and not legal outside approved states
- Online casino is live in fewer states than the sportsbook
- Welcome offers vary by state and change often
- No cryptocurrency payments
Who is DraftKings?
DraftKings was founded in 2012 by Jason Robins, Matthew Kalish and Paul Liberman as a daily fantasy sports platform in Boston, and went public on the Nasdaq (DKNG) in 2020. Since the US legalised sports betting it has grown into one of the two biggest US online operators alongside FanDuel, offering sports betting, online casino, DFS and prediction markets. It is licensed and available strictly state by state within the United States, tying its products together in a single-wallet Super App.
DraftKings sportsbook
A top-two US sportsbook: deep coverage of the American sports (NFL, NBA, MLB, NHL, college), a class-leading same-game-parlay product, live betting and boosts, all built on its DFS heritage. Availability is state by state.
Live betting
Strong in-play betting with cash-out and a leading same-game-parlay product; live coverage centres on the major US sports.
Sports welcome bonus
New-customer offer (varies by state)
New customers get a welcome offer in each state where DraftKings operates — sportsbook or casino depending on the state. The exact amount and terms vary by state and change over time. Check the DraftKings site for your state's current offer.
Key terms: Play-through and eligibility terms apply and vary by state — read them before you claim.
DraftKings casino
Where licensed, DraftKings Casino offers slots, table games and live dealer, integrated with the sportsbook and DFS in the single-wallet Super App. Availability and titles vary by state.
Casino welcome bonus
New-customer casino offer (varies by state)
In states where DraftKings Casino is licensed, new casino customers get a first-deposit offer, often with a deposit match and bonus play. The cap and wagering vary by state. Check your state's current terms.
Key terms: Wagering and eligibility terms vary by state — confirm the current figures before claiming.
DraftKings payment methods
DraftKings uses US-regulated payment methods rather than crypto — PayPal, cards, online banking and its own methods — with a wallet shared across sportsbook, casino and DFS, and generally fast payouts.
FIAT
Min deposit Varies by state. No DraftKings fees.
Crypto (Not offered)
—. DraftKings does not offer cryptocurrency payments; it uses US-regulated methods.
Withdrawal speed: PayPal and online banking fastest; other methods a little slower, subject to verification. Varies by state.
Apps & customer support
Best-in-class iOS and Android apps; the Sports & Casino Super App merges sportsbook, casino, lottery and predictions behind one sign-on and a shared wallet.
- Live chat
DraftKings FAQ
Is DraftKings safe and legit?
Yes — DraftKings is a Nasdaq-listed company (DKNG) licensed by individual US state gaming regulators, which are among the strictest in the world. It only operates where a state has approved it, so it's both safe and legal in those states.
Which US states is DraftKings available in?
DraftKings offers online sports betting in more than 25 US states plus Washington, D.C., and online casino in a smaller set of states. Availability changes as states legalise, so check the DraftKings site for your state.
What is the DraftKings welcome bonus?
DraftKings offers a new-customer welcome offer in each state where it operates — sportsbook or casino depending on the state. The exact amount and terms vary by state and change over time, so always check your state's current offer on the DraftKings site before claiming.
Does DraftKings accept crypto?
No. DraftKings uses US-regulated payment methods — PayPal, cards, online banking and its own wallet — rather than cryptocurrency.
Compare DraftKings with other betting sites
Our other top-scored reviews — every operator scored out of 10 on the same six criteria. See the full comparison →
How we researched this: compiled from public sources (https://en.wikipedia.org/wiki/DraftKings, https://massgaming.com/about/sports-wagering-in-massachusetts/sports-wagering-licensees/draftkings/, https://www.gamingeminence.com/post/operator-profile-draftkings-inc, https://www.sportbotai.com/stats/sportsbook-market-share) and the operator's own site, then scored against our public rating method. DraftKings is Nasdaq-listed (DKNG) and licensed by individual US state gaming regulators. Its welcome offer is state-specific and changes, so it is shown qualitatively. Confirm the current offer and that DraftKings is licensed in your state on its own site. Outbound link is plain (no affiliate tag).