DraftKings (DKNG) CEO: Prediction Markets Will Bigger Than Sports Betting Business

DraftKings (DKNG) co-founder and CEO Jason Robins discusses the company’s rapid expansion in prediction markets, which has attracted more than 1.6 million customers and could represent a market of at least $10 billion. He also highlights accelerating sportsbook and iGaming growth, market share gains, record NBA and NFL betting activity and fantasy sports engagement. Robins says prediction markets could eventually become as large as or larger than DraftKings’ current core businesses.

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