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Posts: 164
DraftKings reveals year to date net losses at $1.19 Billion. -- (link)
Posted by
ty97
Nov 5 '21, 05:28
(No message)
https://twitter.com/darrenrovell/status/1456587645161705480
(twitter.com)
Responses:
Is this because they are a tech company, not a gambling company, and therefore required to lose money? -- nm
-
colin
Nov 5, 06:24
Gotta spend money to make money. -- nm
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VMan
Nov 5, 05:49
I get being in the red when you start out but they've added a lot of states over the last couple of years. It seems like they should be doing very
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Krusty
Nov 5, 05:36
3
Them and BetMGM are literally every third billboard and mobile ad in TN. That’s money. -- nm
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Will Hunting
Nov 5, 07:31
All those “risk free bets” add up, I guess? -- nm
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znufrii
Nov 5, 06:12
That's the thing. New markets means ramp up costs. I'd wager (ha!) the established markets are just peachy
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Cowboy BeBaron
Nov 5, 05:57
Make. It. Rain. -- nm
-
Spawn
Nov 5, 05:36
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