S4 - Ep 5 Draftkings (DKNG) Earnings Review

Draftkings has become the #1 market share brand in the sports betting and iGaming industry. We love the company, the app, and the stock has been a monster over the last year. The company has made the inflection from unprofitable to profitable and is growing fast. That drives significant revenue, FCF, and margin expansion. In a world where growth is hard to come by, Draftkings stands out over lots of other companies. The sportsbetting TAM by 2030 is estimated to be about $167B from roughly $81B today. If Draftkings gets its fair share, there's a significant revenue ramp from here. The stock can be volatile so use the VOL to your advantage. Important: this is NOT advice, please do your own research to determine what investments are right for your personal circumstances.