DraftKings CEO Jason Robins weighed in on the fantasy sports contest and sports betting company's stock dropping Friday after it reported its quarterly earnings.
"We did talk about September on the earnings call, which was north of 27% year-over-year growth, which I think would have put it a little bit closer to where Wall Street thought," he continued. "It was really the difference of NBA being in 2021 in Q3 and the season ending a little bit earlier this year."
Jason Robins, chief executive officer of DraftKings Inc., speaks during a Bloomberg Television interview in New York, U.S., on Tuesday, Sept. 6, 2016. Robins discussed regulation of fantasy sports, increased competition and the prospect of mergers, a FILE - In this May 2, 2019, file photo, the DraftKings logo is displayed at the sports betting company headquarters in Boston. DraftKings shares jumped 4% in morning trading, Wednesday, Sept. 2, 2020 after announcing that basketball legend Michael Jo
Robins went on to say that adding the three states and Puerto Rico would "bring the total" up to 45% penetration of the U.S. population. "We've just got to keep executing, and I think if we continue to build a track record — we’ve only been public for a little over two years — of consistently
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