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Why Do Casinos Lose Money?
Motley Fool Money
Is DraftKings Focusing on the Right Things?
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The DraftKings CEO said this back in November that the company would be valued on a multiple of Iveda. When you're spending over 60% of your revenue on just sales and marketing, it doesn't leave a lot of room for profitability. The more loyal your customers are, the less you have to spend on sales and marketing. That layoff will help them in their administrative costs and things like that.
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highlights
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