DraftKings Inc at Craig-Hallum's Online Gaming Conference (Virtual) Transcript
Good morning, everyone. With me is Jason Robins, Founder and CEO of DraftKings. I am Ryan Sigdahl, senior research analyst at Craig-Hallum Capital Group. So these are short fireside chats, topic-specific. So with Jason, we will be talking about B2C operators' path to profitability. I think a very relevant time, as always, but I think especially right now given the bull-bear debate on the stock in the industry and given the near inflection point for the industry.
So as a quick background, just -- I think many on here know this, but PASPA repealed 4 years ago. We have 35% or so of the U.S. population that has legal online sports betting; another 10%, a little better that has legalized waiting to launch here over the next coming months and quarters; iGaming, legal, live in about 12% of the U.S. population; the pace of legislation, they built in the industry, the long-term TAM; DraftKings #2 market share in both iGaming and in sports online sports betting
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