FanDuel CEO Says He Considers Robinhood Competition

The transcript discusses FanDuel's market capture and growth expectations, particularly around the Super Bowl. It covers the expansion of legal betting in various states and FanDuel's strategy to compete with rivals like DraftKings. The conversation also touches on the comparison with Robin Hood, market dynamics post-pandemic, and the financial aspects of FanDuel's operations, including potential public offering plans. The focus on customer experience and innovative betting products like the same game parlay is highlighted as a key strategy for maintaining leadership.

What is FanDuel's expectation for the Super Bowl Sunday?

• Their smallest single game wagering activity

• A decrease in wagering activity

• Their biggest single game wagering activity

• No change in wagering activity

How many additional states are expected to legalize betting next year according to the transcript?

• Ten or twelve

• None

• Five or seven

• Two or three

What is one of the key strategies FanDuel uses to maintain its market position?

• Increasing prices

• Ignoring competition

• Focusing on fan experience

• Reducing product offerings

How does FanDuel view its competition with Robin Hood?

• As a direct investment competitor

• As a partner

• As a form of entertainment competition

• As a non-competitor

What has been a significant factor in the growth of legal sports betting?

• Legalization in more states

• Increased illegal betting

• Decrease in sports events

• Higher taxes on betting

What is FanDuel's stance on the impact of stimulus checks on betting?

• They see a direct correlation

• They are unsure about the impact

• They believe it has no impact

• They think it decreases betting

What unique product does FanDuel offer that enhances customer experience?

• Traditional betting

• Same game parlay

• Lottery tickets

• Casino games