DraftKings National Study Uncovers New Realities of Sports Fans Ahead of Top League Returns
BOSTON, July 20, 2020 (GLOBE NEWSWIRE) — As major U.S. sports leagues gear up to resume this summer and anticipation intensifies, DraftKings Inc. (Nasdaq: DKNG) today revealed findings from its national consumer study of American sports fans, including how an overwhelming 78 percent are willing to sacrifice traditional aspects of sports if it means a return to play. In a nationally representative survey of over 1,000 self-identified American sports fans, DraftKings examined the perspectives and adaptations of modern fandom as a direct result of the novel coronavirus.
“With over half of respondents having reported missing sports during the resultant hiatus, fans across the country are inarguably eager for the return of their favorite leagues and teams, albeit with largely adjusted expectations as exemplified by our latest findings,” said Matt Kalish, co-founder and president, DraftKings North America. “By deepening our understanding of the American fan through data and leveraging the technology of our platform, we are better able to adjust and serve the new experience of sports fans throughout the U.S.”When the U.S. began its battle against the COVID-19 outbreak in early spring, major sports leagues were among the first organizations to put a hold on normal course of business in the interest of safety. In doing so, 56 percent of respondents reported taking developments around COVID-19 more seriously. Following league suspensions, however, sports fans across the country were hungry for related content and looked toward alternative events, leagues, and teams to follow. As a result, over one in four American fans began following a new sport, and 67 percent plan to continue following said sport even as more prominent leagues resume. eSports (40 percent) stand as the most popular newly followed sport trailed by international soccer (34 percent), MMA (32 percent) along with golf and international baseball (tied at 31 percent).Among upcoming season relaunches and debuts, 64 percent of American fans say the NBA is their most highly-anticipated sport to watch again, followed by MLB Opening Day at 48 percent. Both leagues are slated to start later this month, and findings indicated approximately 66 percent of fans feel it important for live sports to return before September while 39 percent believe the return to play is occurring too soon.In-game attendance, one of the biggest attractions when it comes to live sports, marks a notable point of division as fans are mixed on the matter. One out of five respondents do not plan to be in-stadium until a cure for the virus is identified, citing concerns around fan compliance with established protocol including wearing a mask and maintaining an acceptable social distance.
With the industry moving forward and pivoting to new season formats, sports fans intend to engage with their favorite teams from the comfort and safety of their homes: over half of those surveyed do not anticipate a change in how they will watch live sports; 35 percent are in favor of home viewership as opposed to attending live events while wearing masks and social distancing. Additionally, 60 percent plan to continue consumption through traditional cable television while 40 percent will access live feeds by way of in-app streaming services. When asked which sports they are likely to watch live post-COVID-19, respondents said NFL despite the adjusted schedule format.Full study findings and methodology are available here.About DraftKingsDraftKings Inc. (Nasdaq: DKNG) is a digital sports entertainment and gaming company created to fuel the competitive spirits of sports fans with products that range across daily fantasy, regulated gaming and digital media. Headquartered in Boston, and launched in 2012 by Jason Robins, Matt Kalish and Paul Liberman, DraftKings is the only U.S.-based vertically integrated sports betting operator. DraftKings is a multi-channel provider of sports betting and gaming technologies, powering sports and gaming entertainment for 50+ operators across more than 15 regulated U.S. and global markets, including Arkansas and Oregon in the U.S. DraftKings’ Sportsbook offers mobile and retail betting for major U.S. and international sports and operates in the United States pursuant to regulations in Colorado, Indiana, Iowa, Mississippi, New Hampshire, New Jersey, New York, Pennsylvania and West Virginia. DraftKings’ daily fantasy sports product is available in 8 countries internationally with 15 distinct sports categories. DraftKings is the official daily fantasy partner of the NFL as well as an authorized gaming operator of the MLB and NBA.Forward-Looking StatementsCertain statements made in this release are “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside DraftKings’ control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see DraftKings’ Securities and Exchange Commission filings. DraftKings does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.Media Contact
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