In this episode of Industry Focus: Consumer Goods, Emily Flippen and Motley Fool contributor Asit Sharma take another look at DraftKings . They talk about the company’s business model and various revenue streams from different products, its financials, its first-mover advantage, what gives it a competitive and regulatory edge, international growth opportunities, and much more.
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Emily Flippen: Welcome to Industry Focus. Today is Tuesday, November 23rd, and I’m your host, Emily Flippen. [Editor’s note: Emily misspoke. This was recorded on Tuesday, Nov. 24.] Today, I am joined by The Motley Fool’s Asit Sharma to take a look at DraftKings. This is a company that I know we’ve talked about before, maybe not you and I, Asit, but I definitely talked about DraftKings on Industry Focus before. But I think this is a company worth revisiting in the wake of this month’s election, as well as some recent earnings news from this company.
So, thank you for joining today, and I’m excited to chat.
Asit Sharma: Yeah, me too. I’m excited to chat about DraftKings. As you said, it’s really interesting, a lot of potential here in the story, has had a few bumps. But now, since its IPO, a really viable company. And we’re also going to talk about the earnings, I understand, after getting through some introductory looks at this company, which I know you’re excited to do.
