DraftKings Inc. Class A Common Stock NEXTPredict Summit NYC 2026

Hopefully everybody's fueled up. You got your food, you got your caffeine. You've taken care of your biology breaks. We want to get started. We've got an exciting second half, and we're going to keep feeding in. We're going to keep imbibing you later. We'll have more on that as we go about here. We've got a couple of incredible conversations, including the one we're about to have right now. We'll bring it back up. My friend Contessa Brewer of CNBC, and she's going to be in conversation with Jason Robins, CEO of DraftKings. He's not paying me to say this, but, hey, instead of the stage is yours, the crown is yours.

Aw. So there. The crown is not really mine because the crown is over there in front.

There you go. in the front row.

I already tried to I like it steal that, and he was like, "No way, man.

Stay away from me. Do you need me to open the water for you?

Yeah. Should we just do that now before I can't do it I think so.

Before I can't do it for myself? Jason, you get a lot of coverage from me and from CNBC for DraftKings and for sports betting and the business of sports betting and the way that investors make money or not. You get far less attention for your prediction platform because most of that spotlight goes to Kalshi and Polymarket until very recently. What is it for you that is switching the What's the catalyst for you now starting to get more attention for your prediction platform?

I think the fact that we have been able to, in a pretty short timeframe, put ourselves in the top three exchanges in the market. Remember, we only launched DraftKings Exchange a few months ago, and we're already the clear number three, which is great, and continue to gain share. I think the fact that we're now a relevant player in the market and look to be one of those that is on the rise, I think is giving us more attention. Obviously, that comes with also other things we've been doing along the way to get there. I think we've done a ton on the product side that really has put our product in a position where I think we have the best sports offering in the market right now.

Did your sportsbook improvements in product and tech inform the speed with which you were able to improve your product and tech in prediction?

Absolutely. There is a couple of reasons. One, a lot of the things we have actually built are repurposable, and that actually means, yes, there is some adaptation, but you do not have to start from scratch when you are creating it. Secondly, though, there is a lot of know-how, and that is actually the most important part. We know what works. We know what customers want. We understand how to talk and message to those customers. I think that is something that over many, many years was built up through a lot of experiments, a lot of trial and error. So it is a huge advantage for us, I think.

You said you have become the number three exchange right now on sports only or overall?

No. I think overall, but definitely on sports, but I believe overall.

Okay. So how can that be possible when you are not offering your prediction platform in New York, for instance?

I know. Imagine if we were, right? We would be even bigger. So I think you are right that we have done that with a much more limited state footprint than all of the others that we are talking about competing with. So that is a testament to the fact that we have gained in popularity is the fact that in less than half of the country, we are able to put ourselves in the top three with others who are all competing in pretty much the entire country.