DraftKings Is Betting on In-Game Betting

Howard Smith, The Motley Fool
DraftKings Is Betting on In-Game Betting

DraftKings (NASDAQ: DKNG), the online sports and sports fantasy gambling company that debuted as a public company on April 24, 2020, says it is looking at in-game betting as its "No. 1 focus from a product perspective." In an interview with Barron's, CEO Jason Robins said there is opportunity in the U.S., noting that "in-game is about 75% of the revenues at sports books" in the U.K. U.S. viewers who watched last weekend's charity golf event with Tiger Woods, Peyton Manning, Phil Mickelson, and Tom Brady saw DraftKings' odds for who would win each hole shown on the screen.