Caroline Hepka

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We head back to earnings with DraftKings out with their results, cutting its revenue forecast for the full year.

The company also out though with news that Disney signed a new multi-year deal to make the sports betting company the official betting site and odds provider for the ESPN Sports Network.

Let's bring in DraftKings CEO Jason Robbins.

It's an interesting partnership and I think that's where we should start.

How much does this move the needle for you?

You know, we've talked in the past on this program, Jason, with you about the integration of the live sports event and the broadcast with the betting activity.

Your big picture goal with this deal?

Prediction markets.

Wednesday night, we were with Robinhood at their in-person earnings call.

That was wacky.

Don't know if you consider that.

But the month of October, massive volumes for them.

You're being super thoughtful about predictions.

I understand that.

And you have a clear strategy.

My question has always been how much a growth in a nascent predictions market cannibalizes other offerings that you have.

Jason, you said that this is the most bullish you've ever felt about the company's future.

What are the underlying trends, data points, behaviors of your customers that give you that conviction?

And why do you have it now that you didn't have previously?