I think DraftKings (DKNG) shows gambling is a lousy investment because it burns cash.
Tag Archive for: DraftKings Inc. (NASDAQ: DKNG)
How Much Money is DraftKings making?
Daniel Jennings, , Uncategorized, DraftKings (DKNG), DraftKings (NASDAQ: DKNG), DraftKings borrows money to survive, DraftKings Inc. (NASDAQ: DKNG), DraftKings loses money, How Much Money is DraftKings making?, 0Thus, DraftKings (NASDAQ: DKNG) is experiencing incredible growth while losing more and more money. For example DraftKings reported a negative quarterly...
Is DraftKings (DKNG) Making Money?
Daniel Jennings, , Data Driven Business, Markets, Can Sportsbooks make Money?, Can Sportsbooks save Sports?, Does DraftKings Make Money?, DraftKings (DKNG), DraftKings Inc. (NASDAQ: DKNG), How Many Americans will bet On Sports?, Is DraftKings (DKNG) Making Money?, The NFL needs Legalized Sports Betting, What States are Legalizing Sports betting?, 0However, interest in sports betting in America is high. For instance, the National Football League (NFL) estimates 38.1 million...