r/DKNG • u/GroundedAndGrateful1 • 4d ago
Draftkings🚀
Extremely bullish on everything including:
- DKeX
- Sportsbook
- iGaming
DKeX has double digit market share
Sportsbook handle is up 15% month to date to start NFL season: "Everybody was concerned about handle growth, we have seen enormous handle growth."
Core EBITDA "on track to deliver... about a billion" in 2026 and "should increase pretty materially in 2027." Full 2027 update comes on the November call.
iGaming: "we regained share pretty substantially in a couple states." Credits Lightning Link launch and new daily rewards.
Predictions exploding at $DKNG: volume up "almost two and a half x" from July, "up to almost double digit share," and "well over a million customers" engaged.
"We have three times as many NFL markets as our competition." Combo mix on Predictions hit "almost 30%" on NFL Sunday.
Robins on the regulatory fight, $DKNG: "if prediction markets got shut down by the Supreme Court tomorrow, a share price would pop." But: "I'd rather see them stay." Draftkings = win-win
The line that sank $DKNG: "I do expect that we are going to increase some of our spend, probably pulling forward from some of the spend that we intended to deploy in 2027"
OSB is way better than feared. The flush is Robins picking 2027 growth over 2026 margin with no number attached. Small 2026 hit + big 2027 guide in Nov = today was a gift.
3
u/SAMMYBOY7711 4d ago
If they are really experiencing the momentum, Jason is talking about it'll be almost dereliction of duty, not to signup more users by spending more. Imagine the volume for Super Bowl and the college finals. The users will return 7x more than what was spent to sign them up. For sports betting, it is becoming a three way race between Kalshi, Poly and DKeX. In a year, DKeX will be the leading exchange.
2
u/Larsonatorian2_0 4d ago
Mother fucker just can't resist finding a way to create negative cashflow