Jim Cramer on Flutter: “It’s Too Dangerous to Stick Your Neck Out for This One”

When you listen to the conference call commentary, there’s some crazy stuff happening here. All last year, we heard that the online sportsbooks were suffering because the clients won too much. You can understand why that’s a problem for Flutter’s FanDuel. But this time, we heard that the clients lost too much. And it turns out that’s also a problem because of a new gambling term that, frankly, it’s new to me. It’s called recycling… I think it’s much easier to walk away now that people have many more alterna ...