Jason Robins serves as the CEO of DraftKings Inc., a leading sports betting and digital gaming company. With a Bachelor’s degree in Business Administration from Harvard, he co-founded DraftKings in 2012, driving its growth from a startup to a major...

Jason Robins serves as the CEO of DraftKings Inc., a leading sports betting and digital gaming company. With a Bachelor’s degree in Business Administration from Harvard, he co-founded DraftKings in 2012, driving its growth from a startup to a major player in the gaming industry. Under his leadership, DraftKings went public via a SPAC merger in 2020, a significant milestone that has helped shape the future of online sports betting in the United States. Robins has seen an impressive rise in his personal holdings. At one point, in January 2021, his insider trading reached a staggering $279.69 million in value. Although his compensation fluctuated over the years—peaking at $47.46 million in 2022—he demonstrated a commitment to the company by taking a salary of just $1 for most of 2021. His compensation is tied to company performance, with bonuses based on targets for revenue and profitability showing his focus on aligning executive pay with company success. Robins also emphasizes hiring talent that shares a passion for transforming the sports and gaming landscape. Overall, he blends entrepreneurial zeal with a keen understanding of business operations, continuously shaping DraftKings into a leading force in the industry.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

D

Jason Robins

Founder and CEO of DraftKings Inc.

Education

Bachelor's degree in Economics from Duke University.

Field of Expertise

Business & Management

Sector of Economy

Consumer Cyclical

Born

June 23, 1981 - 43 years ago

CEO of DraftKings Inc. for

5 years 0 months (Apr 2020 - Present)

Previous Experience

Co-founder and CEO of DraftKings since its inception.

Rivals

Competitors/colleagues of Jason Robins

R

Anthony Wood

Founder and CEO of Roku, Inc.

2023 Compensation

Stock

$0.00

Salary

$1.20M

Bonus

$0.00

Other

$18.83K

Total Holdings

$1.22B

M

William Hornbuckle

CEO of MGM Resorts International

2023 Compensation

Stock

$4.50M

Salary

$2.00M

Bonus

$0.00

Other

$228.88K

Total Holdings

$19.84M

f

David Gandler

Founder and CEO of fuboTV

2023 Compensation

Stock

$1.16M

Salary

$730.00K

Bonus

$943.16K

Other

$31.30K

Total Holdings

$917.16K

C

Tom Reeg

CEO of Caesars Entertainment, Inc.

2023 Compensation

Stock

$12.50M

Salary

$2.00M

Bonus

$4.11M

Other

$336.59K

Total Holdings

$4.07M

W

Craig S. Billings

CEO of Wynn Resorts

2023 Compensation

Stock

$14.62M

Salary

$1.90M

Bonus

$2.75M

Other

$18.62K

Total Holdings

$28.51M

R

Richard Schwartz

Founder and CEO of Rush Street Interactive

2022 Compensation

Stock

$0.00

Salary

$537.50K

Bonus

$724.58K

Other

$11.28K

Total Holdings

$21.30M

Holdings

See how much did Jason Robins make over time.

Jason Robins has a remarkable history with DraftKings’ stock. In April 2020, his holdings were valued at around $125.44 million. By December 2020, this value shot up to $271.61 million, showcasing significant growth in a short period. Fast forward to...

Jason Robins has a remarkable history with DraftKings’ stock. In April 2020, his holdings were valued at around $125.44 million. By December 2020, this value shot up to $271.61 million, showcasing significant growth in a short period. Fast forward to early 2021, and his holdings peaked at about $354.34 million, reflecting the explosive growth of the sports betting market. However, by early 2022, the value began to decline, hitting $79.63 million by March, before seeing fluctuations into 2023. As of late 2023, robot had substantial insider trading movements but indicated a slight decrease, which points to volatility in the stock market affecting his net worth. Despite the fluctuations, Robins’ investments indicate a strong belief in the long-term potential of DraftKings, demonstrating the significant ups and downs that come with leading a company in a rapidly evolving industry.

Mar 17, 2025

D

shares

DKNG @ $38.73

Total Stock Sold

$425.51M

DKNG

$425.51M

11,608,249 DKNG shares

What if they kept their stock?

If Jason Robins didn't sell their stock, today they would have:
Extra DKNG11,608,249 shares worth $272.91M.
This is -35.86% and $152.60M less than what they got when they sold the stock.

Charitable Transactions

DKNG

804,203 shares

DKNG

Recent Charitable Transactions

DKNG

100,669 shares

DKNG

Nov 20, 2024

Charity

DKNG

41,472 shares

DKNG

Aug 8, 2024

Charity

DKNG

74,877 shares

DKNG

Nov 21, 2023

Charity

DKNG

124,236 shares

DKNG

May 10, 2023

Charity

DKNG

462,949 shares

DKNG

Dec 31, 2021

Charity

Insider Trading

See recent insider trades of Jason Robins.

DKNG

$28.64M

DKNG at $42.96/share

Feb 22, 2025

Sale

DKNG

1,321,212 shares

DKNG

Feb 22, 2025

Received

DKNG

$9.00M

DKNG at $45.00/share

Feb 12, 2025

Sale

DKNG

$137.73K

DKNG at $43.71/share

Nov 20, 2024

Sale

DKNG

100,669 shares

DKNG

Nov 20, 2024

Charity

DKNG

$7.10M

DKNG at $35.52/share

Aug 21, 2024

Sale

DKNG

41,472 shares

DKNG

Aug 8, 2024

Charity

DKNG

$6.14M

DKNG at $30.72/share

Aug 8, 2024

Sale

DKNG

$8.79M

DKNG at $43.97/share

May 21, 2024

Sale

DKNG

$11.20M

DKNG at $39.56/share

Dec 13, 2023

Sale

Compensation History

See how much did Jason Robins make over time.

In 2023, Jason Robins earned a total compensation of $1.15 million from DraftKings. His base salary was $500,000, reflecting a commitment to the company’s growth over personal gain. He also received a bonus of $200,000 based on performance metrics, emphasizing his results-driven approach. However, his compensation was markedly lower compared to previous years, where in 2022, he earned approximately $47.47 million, driven mostly by stock vesting and bonuses related to performance. This shift indicates his focus on long-term value over short-term gains, aligning with his vision for DraftKings’ growth in the competitive gaming market.

Year

2023

Total Compensation

$1.15M

Salary

$500.00K

Board Justification

The compensation philosophy aligns with company performance, focusing on long-term growth and retention of key executives, benchmarked against industry peers.

Bonus

$200.00K

Board Justification

The bonus is based on the company's performance metrics including revenue growth and profitability targets for the fiscal year 2023.

Other

$150.00K

Board Justification

Other compensation includes health benefits, retirement contributions, and perquisites such as travel allowances.

Restricted Stock

$300.00K(10K RSU)

Board Justification

The stock that vested in 2023 was part of a long-term incentive plan, with shares vesting based on performance criteria met over the previous three years.

Performance Metrics

Performance metrics for 2023 included revenue targets, EBITDA margins, and customer growth metrics.