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  "documentTitle": "DraftKings | Investor Day Presentation Deck | 50 slides",
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  "presentationDate": "2022-03-01 00:00:00",
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  "notes": "The slide uses a waterfall chart to decompose the gross margin bridge from 100% net revenue to 56% gross margin.",
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      "text": "Waterfall chart showing Net Revenue (100%) minus Taxes (27%), Platform (5%), Processing (8%), and Revenue Share (4%) resulting in 56% Gross Margin.",
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      "text": "Note: Cost buckets represent expected year 5 population weighted average across our 18 multi-operator states and provinces with legalized OSB or iGaming. Excludes any contribution from DFS which has ~80% gross margin.",
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      "text": "Illustrative State Level Unit Economics (Expected Year 5), Blended OSB and iGaming Average(1) (% of Net Revenue)",
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