Bloomberg Talks DraftKings CEO Jason Robins Talks User Growth
Aug 7, 2025
DraftKings CEO Jason Robins reveals the company's record-setting second quarter, showcasing a surge in shares and revenues. The discussion dives into how technology and AI are reshaping sports betting, enhancing efficiency in decision-making. Robins also highlights the importance of balancing growth with financial stability amidst regulatory challenges, emphasizing the role of self-funding through AI innovations. As major sports seasons loom, insights into future consumer attraction strategies are also shared.
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Sports Season Drives Growth
- DraftKings experienced significant momentum and positive sports outcomes in Q2, fueling growth.
- The upcoming sports seasons represent the most profitable period for revenue, customer acquisition, and EBITDA.
Product Innovation Powers Demand
- Even adjusting for luck, DraftKings achieved 25% revenue growth year-over-year.
- Product improvements in parlays and in-game betting have driven strong demand and industry growth.
Leverage AI Across Teams
- Empower all employees to leverage AI for efficiency, not just engineers.
- Use AI to automate manual workflows and optimize customer-facing processes like trading engines in live games.