DraftKings Investor Day Presentation Deck
Billions of Dollars
There is potential for up to an additional $6.2B of annual Adj. EBITDA (¹) to DraftKings from
further OSB and iGaming legalization in the U.S.
Incremental Year 5 Adj. EBITDA(1) to DraftKings
OSB
iGaming
$0.8
$0.3
$0.5
+10%
$1.5
$0.6
$0.9
+Legislation Introduced (2)
$1.7
$0.6
$1.1
+20%
$2.5
$0.9
$1.6
+30%
$6.2
$1.4
$4.8
+Remaining U.S.(³)
Percentage of U.S. Population Legalizing OSB and iGaming
(1) Non-GAAP financial measure. Refer to the Financial Reconciliations section of this presentation for a reconciliation of historical results.
(2) Assumes DraftKings launches OSB in all states that have introduced OSB legislation but that are not included in guidance (representing 19% of the U.S. population) and that DraftKings launches iGaming in all states that have introduced iGaming legislation but that are not included
in guidance (representing 17% of the population).
(3) Represents all U.S. states that are not included in 2026 and 2028 guidance, representing 50% of the U.S. population for OSB and 89% of the U.S. population for iGaming.
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