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Barron's Streetwise

DraftKings CEO Has Amazon Aspirations

Barron's Streetwise

Barron's

Business

4.71.6K Ratings

🗓️ 18 December 2020

⏱️ 23 minutes

🧾️ Download transcript

Summary

The online gambling company's plan for growth. Plus, how to (not) buy insurance. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Tech News briefing is supported by F.T.I. Consulting

0:03.7

from the world's largest cyber breaches to global fraud investigations.

0:06.7

F.T. consulting is the number one expert-based firm

0:09.6

organizations turn to and there are moments of truth.

0:13.0

Learn more at FTI Consulting.com.

0:15.0

We aspire to do a lot more than even what we're doing today

0:21.0

just a few years ago.

0:22.0

The only thing we're doing is daily fantasy sports.

0:24.9

Now we're doing sports betting, eye gaming.

0:27.4

Certainly in our current category, there's a ton of room for expansion.

0:30.8

We have new states that will open up. There's an international play at some point that we're going to take a look at. People laugh a little when I say this, but we aspire to be almost like Amazon in that sense.

0:41.0

Welcome to the Barron Streetwise podcast.

0:44.8

I'm Jack Howe.

0:46.6

The voice you just heard, that's Jason Robbins.

0:49.9

He's the CEO of Draft Kings, a fast-growing player in online gambling both for sports and for

0:57.3

casino type games.

0:59.9

Draft Kings has multiplied in value this year. We'll hear more from Jason about why he thinks there's much more growth ahead.

1:07.0

He'll also share his top casino tips.

1:10.0

And if you don't gamble, I've got one or two thoughts on how to use casino math in your insurance decisions.

1:17.0

You won't need a calculator. Fingers, maybe a few toes, tops.

1:22.0

Listening in is our audio program. maybe a few toes tops.

1:26.0

Listening in is our audio producer meta. Hi meta. Hey Jack.

...

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