Money The Quick Rise and Quick Fall of DraftKings Fanduel

BWillie · 08-28-2016, 11:18 PM

Amazon wasnt profitable in the early stages either. My guess is they both wanted & needed to take advantage of the buzz of the hit new thing & get entrenched in the minds of consumers. Now, I would imagine they can gradually reduce their advertising revenue to a more sustainable amount.

Also, some of this may be because (I heard this anyway, may not be 100% accurate) that the NJ DOJ being the pieces of shit that they are basically did a shakedown of DraftKings/FanDuel required them to pay back entry fees to those who played on those sites. So those ppl essentially got a free roll, and the winners still got paid. Sounds like a disastrous overlay.

08-28-2016, 11:18 PM	#5
BWillie Are you ready to Rumble? Join Date: Apr 2006 Casino cash: $-1478759	Amazon wasnt profitable in the early stages either. My guess is they both wanted & needed to take advantage of the buzz of the hit new thing & get entrenched in the minds of consumers. Now, I would imagine they can gradually reduce their advertising revenue to a more sustainable amount. Also, some of this may be because (I heard this anyway, may not be 100% accurate) that the NJ DOJ being the pieces of shit that they are basically did a shakedown of DraftKings/FanDuel required them to pay back entry fees to those who played on those sites. So those ppl essentially got a free roll, and the winners still got paid. Sounds like a disastrous overlay.
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