DraftKings presentation vmmodi

Vishal Modivmmodi

March 23, 2016

Products

Financials

• Raised $445M in 7 rounds• Funding from MLB, NHL, MLS, Fox

• Estimated $1.2B of entry fees collected in 2015

• 3 year $250M advertising contract with ESPN

History

DraftKings launches with daily fantasy for MLB

2012

History

Reaches 50,000 active, 1M registered users

2012

Feb2014

History

“Official Daily Fantasy Game” for MLB, NHL

2012

Feb201

4

Apr2015

History

Signs exclusive 3 year marketing contract with ESPN

2012

Feb201

4

Apr2015

July2015

History

2012

Feb201

4

Apr2015

July2015

NY Supreme Court rules DraftKings is gambling, bans operation

Dec2015

Secret Sauce

• Massive advertising

campaign

• Daily games,

multitude of options

• Not “technically”

gambling

Competition

Prediction

• DraftKings forced to stop operating in NY• DFS’ 2nd largest market - $267M in entry fees

• Illinois, Texas, Nevada Attorney Generals condemn DFS

• Will likely be considered gambling nationally

Questions