Why Is Skillz Losing So Much Money?

Skillz (NYSE: SKLZ) is an exciting gaming company that offers players the chance to wager real money on the games played. Of course, with cash on the line, games are noticeably more engaging. The unique business model has attracted players and investors alike. However, Skillz consistently reports massive losses on the bottom line as it invests aggressively in growth. Image source: Getty Images.Continue reading
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