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That includes taking part in a each day fantasy sports activities contest, making a sports activities wager or placing a wager with considered one of its on-line-casino gambling services. It doesn’t embody users which have deposited cash into their online wallet however not used the money. The company says that its monthly distinctive player knowledge tells executives about the scale of its person base and consciousness of the brand, amongst different things. DraftKings reported a 13% improve in monthly unique players to 684,000 in 2019 in contrast with the yr earlier. DraftKings also determines the average revenue per month-to-month distinctive participant, and says in its prospectus every of these customers is worth $39 a month in 2019, versus $31 within the year prior. The corporate says in its prospectus that the COVID-19 pandemic is impacting its operations primarily as a result of most major sports activities seasons and occasions have both been suspended, postponed or canceled - and isn’t clear whether or not seasons already beneath method can be completed. Because of this, prospects aren’t actually betting incessantly and DraftKings can also be issuing refunds for canceled occasions.

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