[exolymph]

For what it's worth, Fortune writer Dan Primack said on Twitter, "There is an amazing amount wrong with this ESPN piece on DraftKings/FanDuel. Awful." https://twitter.com/danprimack/status/768463010503467009

Then followed up: "ESPN and @DVNJr write that daily fantasy has 'imploded.' Really? Both leading players are still operating. [...] True neither FD nor DK are profitable. But they are young tech startups. Lack of profitability doesn't mean disaster at this stage" https://twitter.com/danprimack/status/768464361258098688

[hackuser]

Does anyone know what Primack's axe to grind is? Because it's such a strong, emotional objection, I suspect there's more to it than a dispute over the facts and analysis.

[hsod]

You think "There is an amazing amount wrong with this ESPN piece on DraftKings/FanDuel. Awful." is a strong, emotional objection?

[meddlepal]

Maybe he is an investor...

[runevault]

With the way states were blocking them from operating in them at such a rapid pace for a while once FD/DK started advertising like crazy, I don't know if they will ever be able to get back to where they were. Once you are lumped in as gambling the rules change and get much harder online.

[FussyZeus]

Lack of profitability isn't their problem, lack of ability to continue operating anywhere legally is.

[dragonwriter]

> Lack of profitability isn't their problem, lack of ability to continue operating anywhere legally is.

From the POV of investors, I'd say that the former is the critical problem, the latter is merely the cause of the problem.

From other POVs, that might be different.