Fanatics CEO: Sports betting market 'still just getting going'
CNBC Televisionยท2025-09-10 17:01
Most of these businesses have not been like wildly excessively profitable yet. Yeah. So I'd say outside of the US they are wildly profitable and I think in the US they're becoming wildly profitable right in front of our eyes.So if you look at DraftKings that you know two years ago they were losing a half a billion or a billion dollars maybe three years ago. This year they're going to make $900 million. I think FanDuel is going to make a billion 250 this year.So these companies have very quickly swung from t ...