Fanatics is now in the gambling business

[FairWarning]

Buying Pointsbet - https://www.cnbc.com/2023/05/14/fanatics-to-buy-pointsbet-us-assets.html

 

[texaswizzard]

I wouldn't touch using them yet with a 10 ft pole. Too new and also their main business uses inferior products. The 3 products weren't even up to Target or Walmart quality levels.

 

[IWishIWasAPro]

Pointsbet had a major hack by somebody. Got email addresses and sent out a crypto deposit scam which looked legit. PB automatically locked accounts from the people who clicked on the links.

PB was run into the ground and is awful.

 

[FairWarning]

Pointsbet had a major hack by somebody. Got email addresses and sent out a crypto deposit scam which looked legit. PB automatically locked accounts from the people who clicked on the links.

PB was run into the ground and is awful.

Yes, I got one of those.

 

[MrTop]

the margins are increasing. Superbook dropped the dime line. Wynn only one left besides the exchange

 

[texaswizzard]

With PointsBet losing between 77-82 million the 2nd half of the year how will Fanatics turn them around in a NY second? I don't see it. Unless they get them close to break even within a year this could drag down Fanatics Sportsbook.