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Draft Kings Reveals Extensive $2.2Million Air Travel Bill In 2023 For CEO Jason Robins Amongst Other Luxury Amenities

olivertaliku

Gaming company Draft Kings has revealed that last year they spent over $2.2Million in total on air travel and other luxury amenities for CEO Jason Robins.

Draft Kings have released last years spending splits, with eyes being drawn to the large bill Jason Robins racked up with his travel and security expenses as CEO.

All expenses were shown in a Schedule 14A filing with the Securities and Exchange Commission during April.

“The extensive document stated that: “For Mr. Robins, the amounts disclosed in this column include $1,114,762 for security costs, $1,112,973 for air travel costs, $9,900 for our matching contribution made under our 401(k) plan, $15,925 for financial planning services, $61,095 for the purchase of tickets, travel and accommodations to Company-sponsored events during the year, and $353,335 for tax reimbursements related to the aforementioned items, where applicable.”

Aside from the obvious large bill for travel expenses and security, Robins reportedly spent around $61,095 on getting to the Super Bowl last year, which is no doubt the most expensive sporting event in the world to watch.

Draft Kings Shares Skyrocket Despite Spending

Despite the high travel and security bill in 2023, Draft Kings shares still saw a significant rise last year even with some of the biggest shareholders selling their stock.

Robins sold over $200,ooo in shares last month but despite the CEO selling, Draft Kings stock is up by a significant 20.4% margin on year-on-year figures as well as a 98.3% increase on the year.

Draft Kings was in fact one of the most successful gaming companies in the US last year even with some of their other high-profile shareholders selling stock.

olivertaliku

Olly Taliku has worked with highly respected sports and gambling websites where he has produced hundreds of articles, as well as being published with Burton Albion and Chesterfield FC. At Burton Olly worked closely alongside the women's team, producing mainly matchday content including reports and interviews, while at Chesterfield he worked in a similar role but with the academy side, as well as some first team content. He also has experience as an accredited Premier League and EFL writer for Prost International where he worked during the 2021/22 season to produce matchday content as an on location reporter. Olly specialises in football as well as long form SEO content plus news, tips and betting but also produces content on basketball, baseball and American football.