ESports, simulated sports betting help DraftKings post profit in first public earnings report

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ESports, simulated sports betting help DraftKings post profit in first public earnings report
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'I think what it shows you is there's a lot of pent-up demand for sports,' DraftKings CEO Jason Robins said.

"Esports was really small for us until, you know, about 2 months ago," Robins said in a "" interview. "Really, it was the only thing for a little while that people were still playing."

"Esports has stuck," Robins explained. "It's been a huge growth area over the last couple months for us and [it's] hard to say what it will look like once the traditional sports are back, but I think a lot of people are finding it fun." "I think what it shows you is there's a lot of pent-up demand for sports," Robins said. "People are hungry for sports to come back."

On an earnings call earlier that day, Robins said the intersection of the digital sports entertainment and gaming arenas has an addressable market projected to be at least $30 billion in the U.S. That includes online sports betting, fantasy sports and iGaming, he said.

 

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