DraftKings and ESPN on Thursday announced a partnership that will make DraftKings the sole official sportsbook and odds provider for ESPN, starting 1 December.
One might think that would be the emphasis of DraftKings’ investors call Friday morning. But instead, most analysts were curious about the launch of DraftKings Predictions.
“In the coming months, we expect DraftKings Predictions to enter many new states with sports event contracts, unlocking a new customer base and revenue stream,” DraftKings CEO Jason Robins said in his opening remarks, noting that nearly half of the United States lacks access to legal online sports betting.
“We plan to focus on the states where we do not offer sports books, which is also where we believe the vast majority of the financial opportunity exists,” Robins added.
