Antero Peak Group Portfolio Manager Chris Smith recently joined DraftKings’ CEO and Co-founder Jason Robins to discuss the growth of Online Sports Betting and iGaming and how DraftKings’ “secret sauce” has helped separate it from its competition.

This Peak Insights replay represents the views and opinions of Chris Smith and Jason Robins as of 29 February 2024, which are based on current market conditions, will fluctuate, and are subject to change without notice. While the information contained herein is believed to be reliable, there no guarantee to the accuracy or completeness of any statement in the discussion. This material is for informational purposes only and should not be considered as investment advice or a recommendation of any investment service, product or individual security. Any forecasts contained herein are for illustrative purposes only and are not to be relied upon as advice or interpreted as a recommendation.

Investments will rise and fall with market fluctuations and investor capital is at risk. Past performance does not guarantee future results.

For the purpose of determining the Fund’s holdings, exposures are delta-adjusted at the issuer level and may include multiple securities of the same issuer. The holdings mentioned comprised the following percentages of Artisan Focus Fund’s total net assets as of 31 Dec 2023:  DraftKings Inc. 2.3%. Securities named, but not listed here are not held in the Fund as of the date of 31 Dec 2023. Portfolio holdings are subject to change without notice. The discussion of portfolio holdings does not constitute a recommendation of any individual security. This is not a research report and should not be considered a recommendation of any individual securities product or service.

Online Sports Betting (OSB) is a form of online betting where the player wagers on the outcome of a sporting event. iGaming refers to online casinos. Lifetime Value (LTV) is a measure of the total revenue generated over a customer’s entire relationship with a company. Customer Acquisition Cost (CAC) is a measurement of costs related to acquiring a new customer. Key Performance Indicators (KPIs) measure a company’s success versus a set of targets, objectives, or industry peers. Total Addressable Market (TAM) is the total revenue opportunity available in the market for a product or service if 100% market share is achieved.