Interactive feature lets a single bet build value through every in-game outcome

BOSTON – June 8, 2026 – DraftKings Inc. (Nasdaq: DKNG) today unveiled Moonshot, a new live betting feature available on DraftKings Sportsbook for MLB games. Moonshot allows customers to place a single, dynamic wager that builds in value as the action unfolds toward a target payout. Predefined values are assigned to every outcome, with the biggest moments accelerating progress toward a target payout.

“DraftKings continues to lead the way in live betting by delivering innovative ways for fans to engage with the game as it happens,” said Corey Gottlieb, Chief Product Officer at DraftKings. “Moonshot adds to the excitement of betting on a live MLB game, bringing a fun multiplier mechanic to the action. We’re always looking for ways to make live sports more engaging for our customers.”

Customers select a live MLB game, place a wager before the next qualifying plate appearance and choose a target multiplier for their payout. The potential payout increases based on predefined multipliers tied to batter outcomes (i.e. Double: +2x), and customers can cash out at any time prior to reaching their target payout, or an out being recorded. A Moonshot bet settles as a win if the selected target payout is reached. If an out is recorded before the target is reached or the customer cashes out, the wager ends. 

The feature will initially be available in 18 jurisdictions on a rollout basis — AZ, CT, CO, DC, IN, KS, KY, ME, MI, NH, NY, OH, , PA, TN, VT, WV, WY and Ontario, Canada.

DraftKings offers an industry-leading live betting platform, driven by depth of content and uptime. Moonshot is the latest in-game innovation, giving customers a new, dynamic way to engage with live MLB games.

DraftKings is dedicated to providing a fun gaming environment that all customers can enjoy responsibly. The company offers a suite of responsible engagement tools and resources. These include My Stat Sheet, which allows customers to monitor personalized gaming activity, and My Budget Builder, a guided tool that helps players set custom limits and reminders through a guided, easy-to-use experience.

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About DraftKings

DraftKings Inc. is a digital sports and gaming company created to be the Ultimate Host and fuel the competitive spirit of sports fans with platforms that range across daily fantasy, regulated gaming, prediction markets 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, betting experiences and event contracts trading. DraftKings Sportsbook is live with mobile and/or retail sports betting operations pursuant to regulations in 30 states, Washington, D.C., Puerto Rico, and 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 platform is available in 44 states, Washington, D.C., and certain Canadian provinces. DraftKings' wholly-owned subsidiary GUS III LLC (d/b/a DraftKings Predictions) also operates DraftKings Predictions, offering federally regulated event contracts under CFTC oversight. DraftKings is both an official sports betting and daily fantasy partner of the NHL, PGA TOUR and WNBA, 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 delivering responsible engagement tools and resources, while focusing on integrity and customer education. 

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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