FanDuel Confident in Full-Year Profitability, CEO Howe Says

The transcript discusses FanDuel's strategic advantages in the sports betting market, highlighting their product innovation and market share. It covers their efficient customer acquisition strategies and the role of their fantasy sports business. The transcript concludes with FanDuel's confidence in achieving profitability by the end of 2023, emphasizing strong business fundamentals.

What is one of the key advantages of the same game parlay for FanDuel?

• It decreases the structural margin.

• It reduces the cost of customer acquisition.

• It increases the excitement of the game.

• It is a new product developed in the US.

How has FanDuel been more efficient in acquiring customers?

• By focusing solely on international markets.

• By leveraging their fantasy sports business.

• By reducing the number of sports offered.

• By offering lower prices than competitors.

What market share does FanDuel hold in the US?

• 50%

• 45%

• 60%

• 30%

What is FanDuel's target for profitability?

• By the end of 2022

• By the end of 2023

• By the end of 2024

• By the end of 2025

What supports FanDuel's confidence in achieving profitability?

• A decrease in operational costs

• Strong business fundamentals

• Expansion into new markets

• Reduction in employee numbers