DraftKings SPAC Presentation Deck

Sports Betting is Legalized in States Representing Just Over One-third of the U.S. Population ******* 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 Source: Note: State New Jersey West Virginia Indiana Oregon Pennsylvania New Hampshire lowa(4) Nevada Rhode Island Tennessee (5) Washington, DC Illinois Colorado Michigan Delaware Mississippi New Mexico (6) Montana Arkansas New York North Carolina % of U.S. Population % of U.S. Population 2.7% 0.6% 2.0% 1.3% 3.9% 0.4% 1.0% 0.9% 0.3% 2.1% 0.2% 3.9% 1.7% 3.1% 0.3% 0.9% 0.6% 0.3% 0.9% 6.0% 3.2% Legalized (¹) 36% Online (2) ✓ ✓ 24% Indicates states that DraftKings' OSB is currently live in, representing -12% of the U.S. population (7) "U.S. sports betting tracker" from Gambling Compliance; "Where is sports betting legal in the U.S.?" from Legal Sports Report, U.S. Census Data as of July 2018 (https://www2.census.gov/programs-surveys/popest/tables/2010-2018/state/totals/nst-est2018-02.xlsx). States within each category sorted by launch date where applicable. Live DK states sorted by DK launch date. States pending online launch sorted by legalization date. (1) Indicates states that have legalized sports betting in some form. (2) Indicates states with online sportsbooks. (3) Green check indicates states with operational online sports betting, while yellow check indicates states that are still pending launch. (4) lowa requires in person registration at any of the three Wild Rose locations in the state until 1/1/21, after which point full mobile registration is permissible (5) Tennessee is the only state without retail sportsbooks. (6) In New Mexico, sports betting is limited to retail only by provision Native American tribal compacts. (7) Includes SBTech, which provides its online and retail sportsbook offering to the Oregon State Lottery. Online Live or Pending Launch(3) ✓ 13% Following the repeal of the Professional and Amateur Sports Protection Act (PASPA) in May 2018, 21 states, representing approximately 36 percent of the U.S. population, have legalized sports betting in some form (retail, mobile, or both) • 14 states have legalized online sports betting, representing -24% of the U.S. population • 9 states are currently live, representing -13% of the U.S. population • DraftKings (including SBTech) is live in 7 states, representing -12% of the U.S. population

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