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