DraftKings Officially Opens New Office in Las Vegas

Boston & Las Vegas – (March 22, 2023) – Today, DraftKings Inc. (Nasdaq: DKNG) unveiled its brand new, state-of-the art office in Southwest Las Vegas. The 90,000-square-foot technology hub located at UnCommons, Matter Real Estate Group’s 40-acre modern workplace and stylized mixed-use community, will house more than 1,000 DraftKings employees. Occupying much of an entire building at UnCommons, the Las Vegas office will be DraftKings’ second-largest office in the United States.

“Together with UnCommons, we’ve successfully created a world-class workplace environment,” said Graham Walters, Chief People Officer, DraftKings. “True to DraftKings’ DNA, this technologically advanced infrastructure will help foster innovation, allow employees to enhance relationships with one another and increase performance as we deepen our presence in the surrounding Las Vegas area.”

Designed by world-class visionaries IA Interior Architects, the Las Vegas office is comprised of more than 130 dedicated sports trading desks surrounded by full multimedia walls customized in a stadium seating arrangement, a 7,500-square-foot fully stocked cafeteria and event space, a custom casino training pit, a 500-square-foot interactive putt-view putting green, private and public outdoor spaces, and mothers’ rooms. DraftKings’ Las Vegas office will also provide amenity spaces for employees, including an on-site barber shop and salon, and a manicure/pedicure lounge.

“DraftKings is leading the way to meet the needs of its team members and addressing the modern workplace head on,” says Jim Stuart, partner at Matter Real Estate Group, the developers behind UnCommons. “Increasingly, we believe employees are seeking an experience that extends beyond the desk and into a community of amenities, inclusion and social connection. UnCommons delivers on that promise, and we are grateful that DraftKings is expanding its presence in Las Vegas.”

With floor-to-ceiling windows, the office space is open and airy, with an abundance of natural daylight, and provides views of the Las Vegas surroundings. Located just 15 minutes from the Las Vegas Strip and Harry Reid International Airport, the space is outfitted with a live ticker that displays live sports scores and DraftKings odds, 14 conference rooms, multiple breakout spaces for collaborative work and furnished outdoor space on every floor.

UnCommons, a first-of-its kind mixed-use development in southwest Las Vegas, has begun to open its Phase I office and retail spaces, with Phase II spaces now under construction. When completed, the stylized urban campus is expected to be comprised of more than 500,000 square feet of modern office space; more than 830 inspired residential units; an entertainment venue; health and fitness studios; a pedestrian trail; public art; a multi-purpose conference center; upscale lifestyle destinations; and a stellar lineup of food and beverage options, such as: The Sundry, a distinctive culinary experience showcasing a renowned lineup of award-winning chefs and rising stars from Las Vegas and California; Wineaux by James Beard Award-winning chef, Shawn McClain; among many others.

Designed by globally renowned architecture firm, Gensler, UnCommons is the first of its kind in Nevada to be built by the standards for WELL™ Certification, which is the highest third-party endorsement of a building’s performance and protection of employee health. Additionally, UnCommons has achieved certification from Green Globes®, a nationally recognized green rating assessment, guidance and certification program.

DraftKings previously announced various agreements furthering its ties to the Las Vegas community. In particular, DraftKings established a multi-year agreement as the primary sponsor of UNLV’s Center for Gaming Innovation and opened the new DraftKings Gaming Innovation Studio at UNLV, giving DraftKings access to local talent and technology.

A leader in digital sports entertainment and gaming, DraftKings is committed to creating inclusive and responsible pathways for people to build, create, imagine, and innovate through the DraftKings S.E.R.V.E.S. program. Responsible gaming is a key pillar of the S.E.R.V.E.S. program and DraftKings’ collective mission is to protect the vulnerable with groundbreaking technology, training, resources and the support of evidence-based research.

About DraftKings

DraftKings Inc. is a digital sports entertainment and gaming company created to fuel the competitive spirit of sports fans with products that range across daily fantasy, regulated gaming and digital media. Headquartered in Boston, and launched in 2012 by Jason Robins, Matt Kalish and Paul Liberman, DraftKings is the only U.S.-based vertically integrated sports betting operator. 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 23 states and in Ontario, Canada. The Company operates iGaming pursuant to regulations in 5 states and in Ontario, Canada under its DraftKings brand and pursuant to regulations in 3 states under its Golden Nugget Online Gaming brand. DraftKings’ daily fantasy sports product is available in 44 states, certain Canadian provinces and the United Kingdom. DraftKings is both an official daily fantasy and sports betting partner of the NFL, NHL, PGA TOUR 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. Launched in 2021, DraftKings Marketplace is a digital collectibles ecosystem designed for mainstream accessibility that offers curated NFT drops and supports secondary-market transactions. In addition, DraftKings owns and operates Vegas Sports Information Network (VSiN), a multi-platform broadcast and content company. DraftKings is committed to being a responsible steward of this new era in real-money gaming with a Company-wide focus on responsible gaming and corporate social responsibility.

About UnCommons

UnCommons, a first-of-its kind mixed-use development in southwest Las Vegas, has begun to open its office and retail spaces comprising phase one with its second phase under construction. The $850 million, 40-acre project is designed to fulfill the modern workforce’s desire for a workplace that enhances their lives through rich amenities, open space and connectivity. The stylized urban campus will be comprised of more than 500,000 square feet of modern office space with market-leading design and technology, more than 830 residential units, an entertainment venue, trendsetting restaurants and cafes that follow the good food movement, health and fitness studios, a multi-purpose conference center, a pedestrian trail, public art and a food hall showcasing the best of the local food scene. The development, designed by globally renowned architecture firm, Gensler, is the first of its kind in Nevada to be built by the standards for WELL™ Certification, which are the highest third-party endorsement of a building’s performance and protection of employee health. UnCommons has achieved certification from Green Globes®, a nationally recognized green rating assessment, guidance and certification program. More information is available on the website at www.UnCommons.com, on Facebook, Instagram and LinkedIn.

About Matter Real Estate Group

Matter Real Estate Group is a real estate development company created to elevate the everyday human experience, enabling people, businesses and communities to thrive. The company is led by three partners, Jim Stuart, Matt Root and Kevin Burke, each with more than 20 years of experience in the development of place making projects combining design, construction and operating strategy all under one roof. The team behind Matter strongly believes that development can be a curated experience designed around business needs while at the same time focusing on flexibility, purpose and inclusiveness. Headquartered in San Diego, Matter focuses on developing within the Western United States, primarily within Las Vegas. More information is available on the website at www.MatterRealEstate.com, on Facebook at @MatterRealEstateGroup, Instagram at @MatterRealEstateGroup and LinkedIn at Matter Real Estate Group.

Forward-Looking Statements

Certain statements made in this press release are “forward looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” ”would,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside DraftKings’ control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see DraftKings’ filings with the Securities and Exchange Commission. DraftKings does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

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