BOSTON, Oct. 28, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) today announced the appointment of Gregory W. Wendt to its Board of Directors as an independent director, effective October 24, 2025. Mr. Wendt’s appointment follows the recommendation of the Board’s Nominating and Corporate Governance Committee, and he will also serve as a member of that committee.

“Greg brings deep expertise in investment management and a strong understanding of the gaming sector,” said Jason Robins, DraftKings’ Chief Executive Officer and Co-Founder. “His insights will be invaluable as we continue to scale our business, enhance the customer experience and strengthen DraftKings’ position as a leader in sports entertainment and technology.”

Mr. Wendt recently retired as a Partner of Capital Group Companies, one of the world’s largest investment management firms and parent company of the American Funds family of mutual funds. During a 37-year career with the firm, he served as an investment analyst and portfolio manager, with research responsibilities spanning the global casino sector and other leisure industries.

“I’m honored to join the DraftKings Board at such an exciting time for the company,” said Mr. Wendt. “DraftKings continues to redefine fan engagement and the gaming landscape through innovation that drives sustainable growth, and I look forward to supporting its future success.”

Mr. Wendt serves as a Trustee of the University of Chicago, where he earned his A.B. in Economics, and holds an M.B.A. from Harvard University.

About DraftKings

DraftKings Inc. is a digital sports entertainment and gaming company created to be the Ultimate Host and fuel the competitive spirit of sports fans with products that range across daily fantasy, regulated gaming and digital media. The company is headquartered in Boston and was launched in 2012 by Jason Robins, Matt Kalish and Paul Liberman. DraftKings’ mission is to make life more exciting by responsibly creating the world’s favorite real-money games and betting experiences. DraftKings Sportsbook is live with mobile and/or retail sports betting operations pursuant to regulations in 28 states, Washington, D.C. and in Ontario, Canada. The Company operates iGaming pursuant to regulations in five states and in Ontario, Canada under its DraftKings brand and pursuant to regulations in four states and in Ontario, Canada, under its Golden Nugget Online Gaming brand. DraftKings also owns Jackpocket, the leading digital lottery courier app in the United States. DraftKings’ daily fantasy sports product is available in 44 states, the District of Columbia and certain Canadian provinces. DraftKings is both an official sports betting and daily fantasy partner of the NFL, NHL, PGA TOUR, WNBA and UFC, as well as an official daily fantasy partner of NASCAR, an official sports betting partner of the NBA and an authorized gaming operator of MLB. In addition, DraftKings owns and operates DraftKings Network a multi-platform content ecosystem. DraftKings is committed to being a responsible steward of this new era in real-money gaming by developing and promoting educational information and tools to help all players enjoy our games responsibly.

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Forward-Looking Statements

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