OPENING BELL.
>> JUST TELL US YOU KNOW THIS
WEEKEND WAS AN INSANELY
SPORTSCENTER A COUPLE OF DAYS
NOT ONLY DID THE NFL KICKS OFF
ITS FIRST WEEK, BUT THE NBA AND
NHL ARE INCHING
CLOSER TO THEIR RESPECTIVE
FINALS AND BASEBALL HAD ANOTHER
SLATE OF REGULAR SEASON GAMES
WILL I
IN SPORTS.
>> ON TOP OF ALL THAT THE U.S.
OPEN MEN'S SINGLES FINAL
WINS, YES.
>> YOUR DAY AND ONE BENEFICIARY
OF ALL OF THIS INFLUX IN
ACTION IN SPORTS WENT TO SPORTS
BETTING COMPANIES LIKE FANDUEL
FOR MORE ON THIS WE'RE JOINED
BY MATT KING CEO OF BAND WILL
NOT THANK YOU SO MUCH FOR
JOINING US WHAT WAS THE
ACTIVITY LIKE ON THE PLATFORM
THIS WEEKEND.
>> IT WAS UP ACROSS THE BOARD
WE'RE UP COUPLE 100% YEAR OVER
TREMENDOUS IN KRISTEN ALL
SPORTS AND YOU REALLY FOOTBALL
IS THE LEADER, BUT THERE WAS
INTEREST IN AS YOU SAID AND NBA
MLB AND EVERY OTHER SPORT IS
OUT THERE.
>> SO CRAZY VANDAL REPORTED A
300% JOHN I BELIEVE IN ACTIVITY
FOR THURSDAY NIGHT FOOTBALL.
SOME WONDERING HOW THIS
COMPARED TO YOU WHEN OTHER
SPORTS WENT BACK POST
PANDEMIC OR LOCKDOWN LIKE
BASKETBALL AND THE N H L.
>> SO WE'RE SEEING BIGGER YOUR
YOUR GROWTH IN THE NFL. BUT IF
YOU THINK ABOUT WHEN NBA MLB
AND ACTORS ON THAT SNOW
SPORTS. SO IT'S BASICALLY KIND
OF AN EQUALLY BIG JUST BECAUSE
YOU'RE ONE FROM THE FLOOR OF
ALMOST
TOO. NBA AND MLB AND THAT ALL
BUILT IN THE NFL AS WE LOOK AT
IT KIND OF HAS WON 10 WEEK
SPRING. THAT WE'VE BEEN
INCREDIBLY EXCITED ABOUT HOW
EVERYTHING'S BEFORE.
>> AND WE JUST SPOKE ABOUT THE
U.S. OPEN AT THE TOP OF
THE APP WE'RE GOING TO BE
TALKING ABOUT IT'S MORE WITH
DOMINIQUE WHO PULLED OFF AN
IMPROBABLE COMEBACK. YESTERDAY
SO WHAT SORT OF ACTION ARE YOU
SEEING AROUND THAT EVENT
IN SPORT.
>> IT'S SO TENSE WEEK IT WAS
ONE OF GREAT INTO A TENSE FOR
US IS A HUGE SPORT, PEOPLE LOVE
THE IN
PLAY BETTING IN TENNIS AND SO
WHAT WE SAW JUST GIVEN THAT IT
WAS SUCH A LONG
I AND SUCH A GREAT MATCH THAT
KIND OF IN PLAY VOLUME, ONE
SPORT.
>> I'M WONDERING HOW YOU'RE
SORT OF
PREPARING FOR.
>> THIS FALL SEASON OF LIKE WE
SAID JUST SO MANY DIFFERENT
SPORTS
COMING BACK. AND ALSO JUST THE
IDEA THAT WE'RE STILL IN A
PANDEMIC ANYTHING CAN HAPPEN AT
THIS POINT WHEN IT COMES
TO SPORTS. IT REALLY JUST TAKES
A SPIKE IN CASES HOW DO YOU
SORT OF APPROACH THIS SEASON.
>> SO ONE WE LEAN INTO THE
SEASON. THERE'S A TREMENDOUS
INTRODUCE LEGALIZE SPORTS
BETTING TO SO MANY PEOPLE THIS
YEAR.
>> WITH THE RETURN
OF SPORT AND THE EXPANSION OF
THE NUMBER OF STATES ARE
OFFERING SPORTS BETTING SO.
HAVING AN ADVERTISING HAVE BEEN
PROMOTION AND REALLY JUST
TRYING TO GET THE LEGAL MARKET
OUT OF BUSINESS AND INTRODUCE
LEGALIZE SPORTS BETTING BILL.
AS IT RELATES TO THE
UNCERTAINTY THAT COMES WITH
BEING IN A PANDEMIC WE JUST
ALWAYS ERR ON THE SIDE OF
THE FAN. AND SO THERE'S
SOMETHING UNEXPECTED THAT
HAPPENED BUT
NOBODY COULD FORESEEN WHEN IN
DOUBT WILL REFUND EVERYBODY'S
MONEY IF THE GAME GETS CANCELED
OR SOMETHING LIKE THAT. SO WE
JUST HAVE TO BE POSSIBLE.
>> IT'S A GREAT TIME TO BE A
PART OF FANDUEL I'M WONDERING
CAN YOU TELL US ABOUT IT
YOUR EXPANSION PLANS OVER THE
NEXT YEAR MAYBE 2 YEARS.
>> SURE WE'RE LOOKING TO EXPAND
SIGNIFICANTLY EXPAND THE NUMBER
OF STATES. WILL PROBABLY ADD
ANOTHER 4 OR 5 STATES IN THE
NEXT 6 12 MONTHS FOR LEGALIZED
SPORTS BETTING. WE CONTINUE TO
SEE
GREAT GROWTH IN THE ONLINE
GAMING SECTOR SO UNLIKE US YOU
AS AND THEN
YOU SEE THE MORE SIGNIFICANT
ADOPTION OF THAT ACROSS STATES
AND THEN FROM PEOPLE
PERSPECTIVE OR MAKING
SIGNIFICANT INVESTMENTS ACROSS
THE BOARD
EVERYTHING FROM CUSTOMER
OPERATIONS TO TECHNOLOGY AND
REALLY JUST KIND OF
VERTICAL SCROLLING AND SO WE'RE
INVESTING HEAVILY TO MAKE SURE
WE CAN CONTINUE TO DELIVER THE
BEST FAN EXPERIENCE POSSIBLE.
>> IS FANDUEL ALSO PLANNING TO
BUILD OUT PHYSICAL SPORTS BOOKS
WE ALREADY HAVE TO OVER 10.
>> AND SO WE HAVE THE LARGEST
IN THE WORLD AND THE
MEDAL AT PHENOMENAL EXPERIENCE
FRANKLY, EVEN IN A TIME OF
COVID WE HAVE TO SOCIALLY
DISTANCE IT STILL IN MY MIND
THE BEST PLACE TO
WATCH SPORTS. AND WE'RE
BUILDING A NUMBER OF OTHER
MARQUEE LOCATIONS IN PLACES
LIKE PHILADELPHIA. AND OTHERS
AS WE CONTINUE TO EXPAND.
>> I'M ALSO GLAD THAT YOU
MENTIONED ONLINE GAMING JUST A
WHILE AGO HOW DO YOU PLAN TO
CAPITALIZE ON THAT ESPECIALLY
DURING THIS TIME
OF UNCERTAINTY.
>> SO WE'RE ALREADY THE NUMBER
ONE ONLINE CASINO IN THE
COUNTRY. SO WE STARTED
OPERATING OVER 6 YEARS AGO WHEN
NEW JERSEY FIRST OPENED ONLINE
CASINO SO. WE'VE BEEN AT IT
SINCE DAY ONE AND FRANKLY WE DO
THAT THROUGH THAT BROUGHT US
OUR PRODUCT OFFERING IN TERMS
OF NUMBER OF GAMES. MORE WAYS
TO WIN AS WE LIKE
TO SAY AND
WE'LL CONTINUE TO INVEST MORE
IN PRODUCT EXPERIENCE THERE AS
WELL AS
WORKING WITH LEGISLATORS TO
FRANKLY INCREASE THE NUMBER OF
STATES THAT OFFER BECAUSE IT
REALLY IS A PRODUCT THAT IS A
WIN-WIN FOR BOTH THE CONSUMER
PERSPECTIVE AS WELL AS THE TAX
REVENUE PERSPECTIVE.
>> I ALSO WANTED TO KNOW I
THINK OVER THE WEEKEND I SAW A
LOT OF FANDUEL ADS WHEN I WAS
JUST ON.
SO I'M WONDERING FOR THIS NEXT
GENERATION OF SPORTS. BETTORS
HOW DO YOU PLANTS, YOU TELL
THEM WHY THEY SHOULD BE ON
FANDUEL VERSUS ANY OTHER
PLATFORM.
>> SO FOR US IT'S ABOUT CERTAIN
EXTENT, FRANCE
AND FRIENDLY. WE LOOK AT IT IS
SOMETHING WHERE IT'S ALL ABOUT
SIMPLICITY PEOPLE JUST WANT TO
BE ABLE TO PICK WHAT THEY KNOW
WHAT THEY WANT TO BET ON SUNDAY
JUST WANT TO BE ABLE TO COME IN
SIGN UP FOR AN ACCOUNT REALLY
EASILY PLACE OF THAT AND THEN
WHEN THEY WHEN GET THEIR MONEY
OUT. AND SO WE REALLY DOUBLE
DOWN ON THIS IDEA THAT WE ARE
ARE ALWAYS GOING TO BE ON THE
SIDE OF FANS WILL REMAIN THE
EXPERIENCE AS SIMPLE AS
POSSIBLE
TO USE AND WE FOUND THAT THOSE
ARE MESSAGES THAT REALLY
RESONATE WITH PEOPLE BECAUSE
FRANKLY THERE SAYS THEY'RE EASY
TO THINK ABOUT AND SIMPLE TO
THINK ABOUT BUT YOU'D BE
SURPRISED HOW FEW PEOPLE WROTE