DraftKings CEO Jason Robins is not thrilled with the recent edict he and his fellow DFS leaders handed down that prohibits DFS site employees from participating in daily fantasy contests, even if they are not on their home site. He is dealing with it, though, even if it hurts his company.
In a Q&A at the Sports Business Journal’s annual Sports Media & Technology conference last week, Robins discussed how the ban was not something he wanted to do, but he understands that it was something he had to do.
Not only did he simply not want to take a fun source of entertainment away from his staff, but he feels that employees who play daily fantasy sports make for better employees. And those who could be great employees, might not want to work for if they aren’t allowed to participate in DFS.
“Fantasy sports is a passion for a lot of people, myself included. I love it. A lot of the types of people who want to work at a company like DraftKings are people who are really into playing fantasy sports,” Robins said, according to .
“People who are into the product and who are able to know what it’s all about are going to design better products and better experiences for our customers. It’s harder to do when you’re not actually playing around with the product yourself.”
While it might not be an ideal solution to the potential problem, Robins said that one thing his company is tinkering with is holding office-wide DFS competitions using the DraftKings site.
They would be private contests for employees only, so there would not be issues with the perception that someone might have information that is not available to the public. Of course, even among friends and colleagues, playing just for pride doesn’t always cut the mustard, so “interesting prizes” will be at stake.
And since the internal contests would use the DraftKings platform, staffers would continue to become intimately familiar with their company’s product.
As has been reported previously, there are some DFS employees for whom daily fantasy is their favorite pastime and even a solid source of income. Robins knows that these people might find it phentermine a struggle to not play because they work for a DFS site and that it is entirely possible that he loses them as employees. He said nobody has left yet, but he understands that it could happen.
He also noted that there were not nearly as many high rollers working for the DFS sites as media reports have made the public think. “As much as the media would have you believe otherwise, it’s not like the people who were playing were raking in a ton of money. It was mostly a hobby and a passion for people. The impact to their compensation overall ito how much money the make is quite minimal,” Robins said.