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 ...

Business Momentum & Growth - The company experienced significant business momentum, aided by favorable sports outcomes in Q2 [1] - The company anticipates strong growth in the latter part of the year, driven by key events like NFL, college sports, World Series [2] - The company reported a 25% year-over-year revenue increase, even when adjusted for sports outcomes [3] - The company achieved 37% year-over-year revenue growth [10] Product & Customer Experience - The company has enhanced its parlay offering and now boasts a best-in-class in-game betting platform, which is a major growth driver [4] - The company believes it is well-positioned due to its product advancements and customer experience [5] AI & Efficiency - The company is leveraging AI to automate manual workflows across the organization, leading to efficiency gains and cost savings [6] - The company is using AI to optimize its trading engine, improving decision-making during live games [7] - Efficiency gains through AI are helping to self-fund expansion and offset cost headwinds [8] Financial Strategy & Outlook - The company is focused on growing its bottom line while maintaining impressive top-line growth [14] - The company is continuously evaluating cost structure for further efficiencies, balancing growth with financial prudence [9][10]

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