DraftKings CEO Jason Robins has been through a lot. He cofounded his daily fantasy sports company in 2012, and he had to pitch scores of venture capitalists before finally scoring venture money in 2013.
In 2015, a DraftKings employee was caught making bets on football games on the rival FanDuel site, using data before it was released publicly. Then Nevada banned daily fantasy sports as illegal gambling, and other states weighed in. DraftKings had to spend a ton of money on legal bills fighting for its life. But with 41 states, DraftKings prevailed in arguing that daily fantasy sports was a game of skill and therefore wasn’t gambling.

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