DraftKings CEO: ‘Don’t Have Solutions’ On FanDuel Merger Logistics; Firms Received’t Rush Choices

DraftKings CEO Jason Robins spoke about a variety of subjects throughout a Fb Stay chat on Tuesday, together with particulars a few pending merger with FanDuel and worldwide enlargement.

Few particulars on DFS merger

The largest query put in entrance of Robins through the chat was concerning the merger with FanDuel that’s deliberate to be finalized sooner or later in 2017. That merger is at present present process a evaluate by the Federal Commerce Fee to verify it doesn’t run afoul of anti-trust legal guidelines.

What Robins stated on the DraftKings-FanDuel merger

“It’s tremendous early, we’re very targeted on simply attempting to get a deal executed,” Robins stated. “And quite a lot of the questions that each one of you in all probability have, such as what our platforms will appear to be, we simply don’t have solutions to but. We promise that all the choices that shall be made shall be actually well-thought out.

‘We do have a little bit little bit of a time; we’re not going to hurry any choices,” Robins continued. “We need to make sure that we get it proper.”

He touched on the merger once more when answering a query from a person:

I actually assume at this level we don’t have quite a lot of data. Hopefully it’s encouraging to everybody watching this that we’re actually taking our time. These are two firms with … a really established platform, worker base, all these issues. It’s simply going to take time to type by and get to know everyone and work out what the very best choices are.

Robins inspired DraftKings and FanDuel customers to offer suggestions on what they want to see within the mixed firm.

Working with FanDuel

He additionally talked about his firm’s historical past and early discussions with FanDuel:

Regardless that DraftKings and FanDuel for a very long time have had a bitter rivalry, I’ve been so pleasantly shocked and thrilled as I’ve gotten to know the folks over there. It’s so comparable by way of who the persons are, lots of people passionate concerning the product and lots of people passionate concerning the fantasy sportsbook trade.

And it’s actually thrilling to me to see that’s actually what’s risen above for everybody. Everybody simply needs to do what takes the fantasy sportsbook trade to new heights. … When you have got two groups which are like that, I believe good issues are going to come back from collaborating collectively.

Worldwide enlargement for DraftKings?

Robins stated DraftKings — or the brand new merged firm — would “completely” be increasing into new worldwide markets. At the moment, DraftKings serves a lot of the US and Canada, and launched DraftKings UK earlier this 12 months.

Robins additionally stated “we could have some bulletins quickly” on worldwide enlargement.

“We’re very excited concerning the outcomes we have now seen from our preliminary abroad enlargement within the UK, and we plan on increasing to different international locations over the approaching years,” Robins stated. “I don’t know precisely which of them and when. That’s one thing that our chief worldwide officer remains to be evaluating.”

DraftKings seemingly plans on entering into different regulated European markets. Robins has additionally eyed Latin America and Asia previously.

You’ll be able to watch his full feedback right here: