Robert Fishman
MoffettNathanson LLC

Thank you again, everyone, for being here. We are very excited to have Alan Ellingson, CFO of DraftKings. And I think your fireside debut. So we are very much looking forward to that. We appreciate you joining us today. There's obviously a lot to cover given all the dynamic changes going on in the industry with your business and the different markets that you operate in and especially as you guys are ramping up with prediction markets.

Robert Fishman
MoffettNathanson LLC

But before we jump to all of that, since you joined DraftKings in 2020, I'm wondering maybe you can help us frame the company has managed through a few different periods of, let's call it, adversity or different challenges around you. Help us think about like what lessons the company or you specifically have learned. And then how do we apply those to prediction markets of what's taking place right now?

Alan Ellingson
Chief Financial Officer

Yes. As you mentioned, it's been a fantastic 6 years since I joined the company. Been an insane ride watching the industry grow and evolve state launches, new product launches, regulatory environments change. One of the things that is just a testament DraftKings' key core competencies is its ability to operate in a very complicated environment, highly regulated, very complicated evolution of products, evolution of offerings, evolution of the way that we run businesses, media and everything else to find the way to follow the data to success.

And ultimately, being successful in a dynamic environment like we have in our industry requires that you