“Nik estimates that in places where sports betting was legalized, FanDuel managed to convert about 90 percent of its daily fantasy customers into sports bettors”
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Said on Understood: The Big Bet
Understood: The Big Bet · E1: Who Wants to be a Millionaire?
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replaced season-long fantasy contests with daily contests (Daily Fantasy Sports) to let players win cash every day
“Nik estimates that in places where sports betting was legalized, FanDuel managed to convert about 90 percent of its daily fantasy customers into sports bettors”
“In retail you know every day whether you're winning or losing… the daily sales report marks your score daily.”
“My wife and I have a weekly meeting every Sunday. Right. We have a quarterly offsite every 90 days. We have an annual offsite once a year. We have daily standups with our kids.”
“‘I contacted our pediatrician and said, oh my gosh, we figured it out. He was like, that’s a contested illness…’”
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