Jason Robins on iGaming customer value
From DraftKings CEO and Tilman Fertitta on Golden Nugget Online Gaming deal · · CNBC Television
“the i gaming consumer uh you know plays a lot uh unlike sports there's not seasonality to it they play year-round um you know and it's a customer that has a high degree of their you know discretionary entertainment spend focused on gaming they love gaming so um really high ltvs they tend to stick around for life and be customers for life especially when you do a great job with crm and have a great brand like golden nuggets and draftkings so really valuable customer and we're very excited about the opportunity to expand into new audiences with this deal”
On , Jason Robins, Co-Founder, Chairman & Chief Executive Officer at DraftKings, spoke about iGaming customer value during DraftKings CEO and Tilman Fertitta on Golden Nugget Online Gaming deal on CNBC Television.
About Jason Robins
Jason Robins, CEO of DraftKings, discussed the company's recent performance and strategic focus on prediction markets during the company's first-quarter 2026 earnings call. He reported 17% revenue growth and said April revenue was up 22%. Robins stated that the company's prediction market product, regulated by the Commodity Futures Trading Commission, has become "one of our fastest to profitability business lines" and described predictions as "a strategic priority." He said DraftKings intends to "establish a leadership position in sports predictions before year end" and plans to continue investing in 2027. Robins noted that prediction markets allow DraftKings to address customers in states without legal online sports betting, including California, Texas, and Florida. He also acknowledged regulatory tension between federal and state authorities, saying it is "tough to do business" when the federal government deems predictions legal while some states disagree. Robins addressed the broader regulatory environment, telling podcast listeners that collaboration with competitors such as BetMGM, Bet365, and Fanatics is necessary because higher taxes are "more painful than if I lost 10 points of market share." Speaking at the MIT Sloan Sports Analytics Conference, he highlighted the company's partnership with ESPN, calling the network "the most trusted brand in sports." He said the partners share a commitment to responsible gaming and are linking user accounts ahead of March Madness. Robins also remarked that sports betting increases fan engagement, as it gives viewers a reason to care about games they otherwise would not watch. Separately, he stated that DraftKings aims to keep its share count neutral or declining through stock buybacks.