DraftKings Investor Day Presentation Deck

Investor Day Takeaways 1 2 3 TAM larger than we thought for both OSB and iGaming; increasing total North America estimate from $67B to $80B 5 Top 3 operators in U.S. OSB industry account for 80%+ of GGR; DKNG GGR share 25% and 19% for OSB and iGaming, respectively Investment in product features will drive continued industry leadership 4 Customer and state profit results are very strong; 5 states contribution profit positive in FY 2021 and 10 states anticipated to be contribution profit positive in FY 2022 Increasing long-term Adjusted EBITDA outlook to $2.1B 6 New verticals off to strong initial start and expect to be contribution profit positive in FY 2022, validating our thesis of LTV/CAC flywheel | 4

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