Hello Clutch,
Long time my friend. DDAY is in a very competitive and up and coming business segment, one i am very familiar with, Fantasy Sports. The two behemoths in the arena are Fan Duels and Draft Kings. They have garnered the largest percentage of market share and have licensing / partnership deals with MLB and the NFL. Carzy Gabey I am familiar with and it appears he is affiliated with DDAY, which is a big positive. I think their business model can succeed, but will be uphill against the two aforementioned behemoths. If DDAY can carve out a niche, they would likely be acquired by one of the two, at a hefty premium. I will definitely add them to my watch list, as i have a pre-disposition to that business model and believe it could be a profitable trade under a myriad of circumstances.
Thanks for the heads up.
SPORTY
