DraftKings CEO Jason Robins is not ruling out getting into prediction markets.
During Thursday’s investors call, Robins said the company will take a wait-and-see approach, noting that the states where DraftKings is active provide a “kind of benchmark, as you think about TAM (total addressable market).”
“I do think that being an early mover in a space like this can be important,” Robins said. “I also think that being a literal first mover may not be as important, and there are downsides to that as well.
“We’re evaluating it, obviously. We have a lot of stakeholders, state regulators, relationships with tribes and others that we want to make sure we consider as we think about what our different options are. We’re keeping a close eye on it, figuring out what we want to do.”
