DraftKings Results Presentation Deck
GUIDANCE BEAT DUE TO EXTERNAL FACTORS BREAKING OUR WAY AND
STRONGER THAN ANTICIPATED BUSINESS PERFORMANCE
A
B
C
External Factors (~$20mm)
Favorable sports calendar, particularly for the NBA and college sports
Extension of Illinois mobile registration
Atypical OSB hold percentage (~$30mm)
Better than normal hold percentage, particularly in the NFL and college football
Stronger than anticipated business performance (~$45mm)
Customer acquisition continued to be uniquely productive, benefitting from stay-at-home trends
Great engagement and cross selling translated into ARPMUP growth
The Tennessee market on track to be bigger than expected; as a top operator DraftKings benefitted accordingly
Q3 2020 marketing spend paid back more than expected in Q4 2020
2020 RESULTS VS. 2020 GUIDANCE BRIDGE
$550mm
Pro Forma FY 2020 Revenue
(Guidance Midpoint)
Note: Figures may not foot due to rounding.
A
-$20mm
External Factors
B
-$30mm
Atypical Hold Percentage
~$45mm
Business Performance
$644mm
Pro Forma FY 2020 Revenue
(Actuals)
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