Disney a Great Partner to Have, DraftKings CEO Says

The transcript discusses the rapid expansion of sports betting in the US following the Supreme Court's decision to lift the ban. DraftKings is launching new products for the NFL season, including exciting contests with million-dollar prizes. The company has raised funds and formed various partnerships, including a significant one with Penn National Gaming. Despite Disney owning a stake, DraftKings remains independent, leveraging Disney's content assets. The company is targeting state-by-state expansion, focusing on marketing and legislation to grow its presence and revenue.

What is DraftKings' perspective on fundraising and its current financial needs?

What role does Disney play in relation to DraftKings and the sports betting market?

What challenges does DraftKings face in the current sports betting landscape?