DraftKings (DKNG) CEO on Earnings, Expansion & "Entertainment" Business Model
Schwab Network · Schwab Network
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Show Notes
Jason Robins, CEO and Co-Founder of DraftKings (DKNG), joins Sam Vadas to discuss his company's latest earnings, which included record quarterly revenue. He says management is keeping their sights on the company's long-term prospects. One key tailwind Jason sees for DraftKings is how the company currently only reaches half of the U.S. population, which will grow as regulation increases. One headwind comes from some states raising taxes, though Jason believes the company's balance sheet can soak up the cost.
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