raftKings is moving business to a new, larger headquarters; remains committed to its hometown Boston
Daily fantasy sports turned sports betting operator DraftKings is moving into new corporate headquarters this week. The tech company will remain in its hometown, Boston, but will occupy a larger office space as part of its growth strategy.
DraftKings is set to unveil its new headquarters in downtown Boston on Tuesday. A ribbon-cutting ceremony and a tour around the new place will mark the beginning of the new chapter in the company’s growth.
The sports betting operator first unveiled plans to move into a larger office early last year. That was even before it went live with legal sports betting in New Jersey and Mississippi. DraftKings will now occupy 105,000 square feet of space, almost twice as much as its previous headquarters. The company’s new office is located near Copley Square in Boston’s Back Bay neighborhood.
DraftKings’ old headquarters is located in a building near South Station. One of Boston’s largest tech companies, DraftKings was founded in 2012. It quickly established itself as one of the leaders in the daily fantasy sports space. As mentioned above, the company moved to expand into the sports betting field after the US Supreme Court struck down last May a long-standing federal ban on the practice.