DraftKings CEO on Possible FanDuel Deal: Never Say Never

The video discusses DraftKings' strategy for the NFL season, focusing on social play over big jackpots. It covers fundraising efforts, regulatory progress, and the impact on investor confidence. The shift in business strategy towards social aspects of fantasy playing is highlighted, along with new revenue streams from marketing and partnerships. The potential merger with FanDuel is considered, and lessons from regulatory challenges are shared.

What was the primary focus of DraftKings' strategy during the NFL season's start?

• Increasing big guaranteed contests

• Enhancing social play and league products

• Reducing the number of players

• Focusing on international markets

How did legislative progress impact DraftKings' fundraising efforts?

• It decreased investor confidence

• It led to a higher valuation

• It increased investor confidence

• It had no impact

What shift in business strategy did DraftKings implement this year?

• Expanding into new sports

• Focusing on big jackpots

• Emphasizing social aspects of fantasy playing

• Reducing marketing efforts

What is the potential impact of new revenue streams like marketing partnerships for DraftKings?

• They are expected to be insignificant

• They could become a major revenue source

• They will only benefit competitors

• They will decrease customer engagement

What is DraftKings' stance on a potential merger with FanDuel?

• They have ruled it out completely

• They are open to it if it creates shareholder value

• They have already merged

• They are against any form of partnership

How does DraftKings compare its situation to Uber and Lyft?

• They think they are in a weaker position

• They acknowledge some similarities in regulatory challenges

• They believe they are in a stronger position

• They see no similarities

What lesson did DraftKings learn from regulatory battles?

• Focus solely on consumer feedback

• Ignore legislative changes

• Engage proactively with regulators

• Avoid engaging with regulators