Corporate Counsel, Prediction Markets

About the Position

At DraftKings, AI is becoming an integral part of both our present and future, powering how work gets done today, guiding smarter decisions, and sparking bold ideas. It’s transforming how we enhance customer experiences, streamline operations, and unlock new possibilities. Our teams are energized by innovation and readily embrace emerging technology. We’re not waiting for the future to arrive. We’re shaping it, one bold step at a time. To those who see AI as a driver of progress, come build the future together.

As Corporate Counsel supporting DKeX, you'll help build the legal framework behind one of DraftKings' newest regulated businesses. You'll provide strategic legal guidance to the teams developing and operating our designated contract market while supporting related regulated exchange and clearing initiatives. Working at the intersection of financial markets, technology, and product development, you'll help build the legal foundation for a new regulated marketplace while translating complex regulatory requirements into practical business guidance. You'll join a growing Legal Team where you'll help establish the legal and regulatory foundation for an evolving business at the forefront of regulated prediction markets.

Responsibilities

• Serve as the primary legal partner supporting DKeX and related regulated exchange and clearing initiatives.
• Advise business stakeholders on legal and regulatory issues arising under the Commodity Exchange Act and Commodity Futures Trading Commission regulations.
• Draft, review, and maintain exchange rule, policies, governance materials, and other legal documentation supporting the operation and evolution of regulated market infrastructure.
• Provide legal guidance on regulatory filings, rule submissions, and other matters supporting the ongoing operation of DKeX and related regulated exchange and clearing initiatives.
• Partner closely with Product, Engineering, Market Operations, Compliance, Finance, Information Technology, and other cross-functional teams to support the development, launch, and operation of regulated products and services.
• Monitor legislative, regulatory, and industry developments affecting derivatives markets and advise internal stakeholders on emerging legal risks, obligations, and opportunities.
• Manage outside counsel and coordinate legal support across specialized regulatory matters when appropriate.
• Develop practical legal guidance, scalable processes, and internal resources that empower business teams to make informed decisions while maintaining compliance with applicable legal and regulatory requirements.

Requirements

• Juris Doctorate Degree from an accredited institution with excellent academic credentials.
• At least five years of legal experience, ideally a mix of law firm, in-house, or government/regulatory experience.
• Experience advising clients on financial services regulation, derivatives markets, exchange regulation, or other highly regulated industries.
• Demonstrated ability to analyze complex regulatory frameworks and provide practical, business-oriented legal advice.
• Strong written and verbal communication skills with the ability to explain sophisticated legal concepts to technical and non-legal audiences.
• Curiosity, sound judgment, and a thoughtful approach to solving novel legal and regulatory challenges.
• A collaborative mindset, strong sense of ownership, and the ability to thrive in a fast-paced environment supporting innovative products.

Nice to Have

• Experience advising a Designated Contract Market, Derivatives Clearing Organization, futures commission merchant, broker-dealer, exchange, or financial regulatory agency is preferred.

We Offer

• Competitive salary range: $160,800.00 USD - $201,000.00 USD per year, plus bonus, equity, and benefits as applicable.
• Opportunity to work remotely within the United States.
• Comprehensive health benefits, including medical, dental, and vision plans.
• Free access to programs such as free therapy sessions, Lyra Employee Assistance Program, the Calm App, Virtual Yoga Classes, and more.
• 14 weeks of 100% paid parental leave for all global team members.
• Workplace lactation support and partnership with Care.com for backup childcare.
• Benefits supporting family planning, including adoption, surrogacy, fertility treatments, and more.
• Flexible PTO for employees in the United States.
• Pet insurance to help save on vet expenses.
• Gym reimbursement for part of your gym membership.
• Financial planning support, including 401(k) matching and programs like Origin Financial.
• Commuter benefits to help lower costs on your daily commute.
• Tuition reimbursement for educational courses related to your position or another position at DraftKings.

About the Company

We’re a publicly traded (NASDAQ: DKNG) technology company headquartered in Boston. As a regulated gaming company, you may be required to obtain a gaming license issued by the appropriate state agency as a condition of employment. Don’t worry, we’ll guide you through the process if this is relevant to your role.

DraftKings is proud to be an equal-opportunity employer. We do not tolerate discrimination of any kind and are committed to providing equal employment opportunities regardless of your gender identity, race, nationality, religion, sexual orientation, status as a protected veteran, or status as an individual with a disability.