DraftKings CEO Jason Robins believes that igaming is where the “biggest opportunity and most growth lies” for the Boston-based operator in the future.
In the three months ending 30 June, DraftKings igaming revenue continued on an upward trajectory, producing a record revenue total for Q2 of $430m, up 22.6% year-on-year (YoY) thanks to an increase in active customers.
In terms of year-to-date (YTD) figures, igaming operations have amassed $853.1m for DraftKings, marking an increase of 18.4% compared to H1 2024.
The CEO has also hailed DraftKings’ cross-sell abilities, claiming that it is a market leader when it comes to getting those who initially wager with its sportsbook to engage with its online casino offering.
Currently, the operator’s igaming offering is accessible in five US states, equating to 11% of the population.
Speaking to analysts on DraftKings’ Q2 earnings call, Robins reflected on the company’s position within the vertical, as well as providing an update on how he plans to attract igaming customers away from competitors.
“That’s [igaming] where the biggest opportunity and the most growth lies,” Robins explained.
“We are leading the pack when it comes to the cross-sell and conversion of sportsbook customers into igaming players. We have really done well to own the table game space in such a big way.
“Where we have a big opportunity is with the slots-first casino player. We believe there are many more out there using competitor apps that we will be able to provide a great offering to — customers who maybe at this point don’t think of DraftKings as a place that they would go to do that.
“I think there’s a lot of good stuff on the product side and feel really good about that. I think there’s a really big opportunity to continue to build our brand and reach that slots-first customer.”
The DraftKings chief also faced questions on the likelihood of the company expanding into the prediction markets space, as speculation lingers that the likes of Kalshi and Robinhood could soon face competition from traditional online sportsbooks.
Robins stopped short of providing any major update, insisting that DraftKings is keeping close tabs on the sector and regulatory updates within it, but is not yet “intimately familiar” with the different components of prediction markets.
The firm had been linked with a move for Railbird Exchange, a Commodity Futures Trading Commission-ratified platform, to gain access to the vertical.
Robins added: “I think that being an early mover in a space like this can be important; I also think that being a literal first mover may not be as important, and there are downsides to that as well.
“We’re evaluating, we have a lot of stakeholders — state regulators, relationships with tribes — that we want to consider as we think about our different options, and we’re keeping a close eye on it, figuring out what we want to do.”
Meanwhile, DraftKings’ Q2 earnings release revealed the operator generated record revenue of $1.5bn for the reporting period, marking YoY growth of 37%.
DraftKings also saw adjusted EBITDA hit a record high of $301m, nearly doubling the firm’s previous record of $151m in that metric.
The post DraftKings CEO states igaming marks “the biggest opportunity” for growth first appeared on EGR Intel.
Jason Robins pinpoints the vertical as where the company has significant runway, as the segment reports 22.6% YoY growth for Q2 2025
The post DraftKings CEO states igaming marks “the biggest opportunity” for growth first appeared on EGR Intel.