Key Moments:
- DraftKings Inc. has named Gregory W. Wendt as an independent director, effective October 24, 2025.
- Wendt brings 37 years of experience at Capital Group Companies, including oversight of global casinos and the leisure sector.
- The company continues to expand, offering sports betting and iGaming services across multiple U.S. states, Washington D.C., and Ontario, Canada.
Leadership Designed for Growth
DraftKings Inc. has announced that Gregory W. Wendt will be joining its Board of Directors in the capacity of independent director on October 24, 2025. The company’s decision underscores its commitment to strengthening leadership by integrating expertise from both the investment and leisure industries.
Industry Experience and Expertise
With a remarkable tenure of 37 years at Capital Group Companies, Wendt has amassed significant experience as both an investment analyst and portfolio manager. His responsibilities included managing research focused on global casinos and the broader leisure market. This background is expected to be instrumental as DraftKings aims to execute its long-term strategies and continue growing its offerings.
Role on the Board and Committee Assignment
Along with his directorship, Wendt will also participate on the Nominating and Corporate Governance Committee. His extensive history in investment management and organizational oversight is viewed as a strong asset in this governance-focused role.
| Board Appointment | Committee Assignment | Relevant Experience |
|---|---|---|
| Independent Director, effective October 24, 2025 | Nominating and Corporate Governance Committee | 37 years at Capital Group Companies; focus on gaming and leisure |
Academic and Professional Background
Wendt earned an undergraduate degree in Economics from the University of Chicago, where he is also a Trustee. He holds an MBA from Harvard University.
DraftKings’ Expanding North American Operations
DraftKings continues to secure its place as a leading player in the North American betting and iGaming sector. It provides mobile and retail sports betting in 28 U.S. states, Washington D.C., and Ontario, Canada. For its iGaming segment, the DraftKings brand is available in five U.S. states and Ontario, while the Golden Nugget Online Gaming brand operates in four U.S. states and Ontario.
Strategic Focus on Competitive Growth
With the appointment of Wendt, DraftKings aims to reinforce its leadership, seeking guidance from experienced professionals as the company pursues further growth in the highly competitive online gaming arena.
- Author
Daniel Williams
