DraftKings CFO on Prediction Markets, the “Super App” & Sports Betting Integrity
Ann Berry is joined by Alan Ellingson, CFO of DraftKings, to discuss how the company is navigating the rising popularity of prediction markets, its new “Super App” designed to let users seamlessly operate across jurisdictions, and how DraftKings is working to maintain integrity in sports betting.
00:00 Alan Ellingson, CFO of DraftKings, Joins
00:38 Q1 earnings highlights: revenue, EBITDA, and profitability
01:25 Prediction markets: threat or opportunity?
02:53 Cannibalization concern: what the data actually shows
03:34 Why sportsbook users aren't switching to prediction markets
05:26…
The skinny
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