Wildcard: DraftKings CEO Jason Robins on The Business of Sportsbetting
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 19 May 2021
⏱️ 29 minutes
🧾️ Download transcript
Summary
DraftKings Co-founder and CEO Jason Robins joins the show to discuss the online betting landscape and where his company fits in.
Topics include: the founding of DraftKings, how the business has changed since the Supreme Court’s gamblling decision three years ago, the collision of gambling and content, and more!
Stocks Mentioned: DKNG, PENN
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Transcript
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| 0:00.0 | Welcome to Industry Focus. The Podcast that dives into a different sector of the stock market each day. |
| 0:11.0 | I'm your host Emily Flippin. I'm Jason Moser. I'm Nick Seyple. I'm Dylan Lewis. And today |
| 0:16.0 | we're talking financials. Today we're talking consumer goods. Wild Card Wednesday. |
| 0:20.4 | And we're talking energy. And today we're talking tech. |
| 0:23.0 | Let's dive in. |
| 0:24.0 | Welcome in everybody. |
| 0:28.0 | I'm Nick Saipel. |
| 0:29.0 | My guest today is Draft Kings, co-founder and CEO |
| 0:32.0 | Jason Robbins. Jason, thank you so much for joining me today. is Draft Kings, co-founder and CEO, Jason. |
| 0:32.8 | Jason, thank you so much for joining me today. |
| 0:34.9 | Thank you for having me. |
| 0:36.9 | I'm excited to talk to you. |
| 0:38.0 | I'm 28 years old, big sports better, |
| 0:40.0 | but also someone who loves business and following a business history and |
| 0:44.5 | draft kings I think is a fascinating story a lot of folks you think about that this |
| 0:48.2 | brand a leading company in sports betting and daily fantasy sports but a lot of folks don folks might not realize the company started in 2012 |
| 0:55.3 | and wasn't always the leader in its industry. So can you talk about the founding of the company, |
| 0:59.6 | what led you to start the company and how did you take it from an idea to one of the leaders in the space? |
| 1:05.8 | Well, I had worked for almost a decade in corporate America, you know, middle management jobs, my two co-founder saying we had worked together you know |
| 1:16.5 | capital one Matt and I worked at and then all three of us work together a company that was called |
| 1:20.8 | Vista Print now called SimPress and we always had this |
| 1:24.0 | entrepreneurial you know kind of pull but never had good timing I graduated |
... |
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