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March 12, 2022

DraftKings CEO says people selling his company stock will regret that decision

DraftKings is down over 43% over the past three months, and 72% during the past 12 months. Jason Robins CEO vows that people who are selling his company’s stock will “regret that decision” he wrote on twitter, “If you sold #DKNG today, just be aware that my team and I are on a mission to make you regret that decision more than any other decision you’ve ever made in your life.”

Robins has an optimistic long term approach on his sports betting and fantasy sports company. During the company’s last earnings call, Robins pushed for more states such as California to legalize sports betting, the company is hoping for Nationwide legalization as soon as possible.