Corporate Counsel, Commercial Transactions

United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Sports, Entertainment, GamingIndustries

Requirements

Candidates must possess at least 4 years of experience drafting and negotiating complex commercial agreements, either in-house or with a top-tier law firm, with experience in gaming and/or technology being a plus. A JD from an ABA-accredited law school with strong academic credentials, admission to the MA bar or eligibility for MA authorized in-house counsel is required. The ideal candidate will have a sharp legal mind, be highly motivated and proactive, possess exceptional communication and interpersonal skills, and be able to work both independently and collaboratively.

Responsibilities

The Corporate Counsel will provide strategic legal guidance and risk assessment on commercial agreements, collaborating with cross-functional teams to structure, negotiate, and execute contracts. Responsibilities include drafting and reviewing various agreements such as igaming, data feed, licensing, and marketing contracts, assisting with terms of use and house rules, advising on and minimizing company risks, coordinating with internal functions for compliance, and assisting with acquisition due diligence and integration.

Skills

Commercial Agreements

Contract Negotiation

Legal Guidance

Risk Assessment

igaming

data feed

licensing

SaaS

affiliate marketing

Due Diligence

Compliance

DraftKings

Online platform for fantasy sports and betting

About DraftKings

DraftKings operates in the online gaming and entertainment industry, focusing on daily fantasy sports, sports betting, and online casino games. Users can engage in daily fantasy sports contests for cash prizes, place bets on various sports events, and play casino games like slots, blackjack, roulette, and poker. The platform also includes a marketplace for digital collectibles, allowing users to buy, sell, and trade NFTs of celebrities. DraftKings ensures compliance with gaming regulations, providing a secure environment for its users. Unlike many competitors, DraftKings offers a diverse range of gaming options and revenue streams, attracting a wide audience of sports fans, gamblers, and digital collectors. The company's goal is to create a comprehensive and safe platform for users to enjoy various gaming activities and digital asset trading.

Boston, MassachusettsHeadquarters

2012Year Founded

$911.4MTotal Funding

IPOCompany Stage

Crypto & Web3, GamingIndustries

1,001-5,000Employees

Benefits

Performance Bonus

Company Equity

Risks

Class action lawsuit for alleged unlawful account termination could damage reputation.

Accusations of collusion with FanDuel may lead to antitrust investigations.

Sportsbook+ in New York may face regulatory scrutiny over its subscription model.

Differentiation

DraftKings offers a unique combination of fantasy sports, sports betting, and online casino games.

The company has ventured into the NFT market, expanding its digital collectibles offerings.

DraftKings ensures a secure gaming environment through compliance with gaming authorities.

Upsides

Partnership with Delta Air Lines could open new revenue streams through in-flight gaming.

Launch of Sportsbook+ in New York offers enhanced odds, attracting more subscribers.

Entry into the NFT market taps into the growing digital collectibles trend.

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