$DKNG California rejected online sports betting and so will most other states. The states all have lotteries with 50% profits margins which they get to keep most of it and IGT and Sci Games get a tiny bit to run it. Online sports betting has 6.5% gross profit margins that gets split 3 ways. The operators lkke D-Kings spend all the money getting customers and running the websites while the casinos get their cut and states the remaining in gambling taxes. You will never 20 twenty legalized states and D-Kings will spend all their cash getting new customers after their current ones get churned out and lose all their money. Fools