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  1. #1
    The Buzz's Avatar
    The Buzz is offline GPWA Gossip Hound
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    Default DraftKings CEO: Players don’t see difference between predictions and sportsbooks

    DraftKings CEO Jason Robins said the company has a "huge advantage" when it comes to marketing its prediction market. His reasoning: "most customers don't really even understand the difference" between the new vertical and a sportsbook, which means DraftKings can promote both products side by side.

    Robins made the comments on DraftKings' earnings call Friday, following the release of the company's 2025 results Thursday afternoon.

    From InGame.com:

    On the call, Robins remained coy about how much DraftKings would spend to compete in the space, but he said that a significant amount of prediction market spending would just be repurposed from elsewhere.

    “From a spend perspective, there’s fixed costs, which is double-digits [of millions], which is not that significant. That would include headcount, which is mostly repurposed but some new headcount,” he said.

    “Marketing we’re expecting to spend. For competitive purposes I don’t want to give an exact number. But we can repurpose some of our national spend.”

    The DraftKings CEO went on to add that the business can market its sportsbook and prediction market offering via the same campaigns, because most customers see the products as effectively the same.

    “I think this is actually a huge advantage of ours,” he said. “Most customers don’t really even understand the difference. So I think the national marketing footprint is a big advantage because we can drive people towards our product and we can use it in ways that we can rotate messages and have slightly different things, but in essence it’s the same message to the customer. It can drive value to both products at the same time.”
    Read more here: https://www.ingame.com/draftkings-ce...ns-sportsbook/

  2. #2
    universal4's Avatar
    universal4 is offline Forum Administrator
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    Totally agree with the statement from the draftkings ceo.

    Have said this since the beginning of what many may want to call "the prediction market" that it has always been betting. Placing a sports wager on who will win a certain football game is a "bet" and placing money on your prediction whether Betelgeuse will explode in our lifetimes is still a "bet".

    Rick
    Universal4

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  4. #3
    big fish is offline Private Member
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    this inspired me to build predictifly.com last night - another fun casino adjacent vibe coding project under the belt
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