DraftKings Investor Day Presentation Deck

NJ was highly profitable in its third full year; expect profitability to continue to ramp quickly in 2022 Customer Cohort Economics NGR and Contribution Profit - New Jersey ($ in millions) Contribution Margin $21 (48)% ($10) Launch Year (2018 A) $85 Year 1 (2019 A) (6)% ($5) Net Revenue Contribution Profit Note: Does not include DFS or retail businesses. Contribution profit is a non-GAAP metric that reflects gross profit less external marketing. $153 Year 2 (2020 A) 5% $8 $239 State Level Economics Year 3 (2021 A) $68 Enterprise Economics | 34

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