DraftKings appoints first Chief Responsible Gaming Officer
Lori Kalani is the first Chief Responsible Gaming Officer at DraftKings.She will be accountable for enhancing the organization's player safety and protection initiatives...
DraftKings names new CFO and Chief Transformation Officer
The management staff of DraftKings has undergone changes.
Former Senior Vice President of Finance and Analytics Alan Ellingson has been promoted to CFO. Top priorities will be boosting shareholder value and helping the company meet its financial goals.
Former CFO Jason Park is now the Chief Transformation Officer. In this new role, he will spearhead initiatives to leverage innovative technology to boost operational effectiveness. In order to strengthen DraftKings’ standing in the US online gaming industry, the business plans to acquire Jackpocket, and he will be in charge of that deal as well.
Park and Ellingson have collaborated on financial issues for a number of years since joining DraftKings. Park’s expertise in private equity and background in finance and operational efficiency make him a good fit for his new position. Ellingson’s advancement to CFO is indicative of his proficiency in DraftKings’ financial tactics and his aptitude for optimizing value for shareholders.
In addition to stressing the company’s dedication to innovation and ethical gaming, DraftKings CEO and co-founder Jason Robins voiced confidence in the new leadership appointments. In order to encourage gamers to play responsibly, he also announced the launch of My Stat Sheet, a new tool.
DraftKings faces lawsuit over “risk-free” bets
Due to its advertising "risk-free" bets, DraftKings is currently the target of a federal class-action lawsuit in the Southern District of New York.Plaintiff Samantha...
