Why Is Skillz Losing So Much Money?

·3 min read
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. The unique business model has attracted players and investors alike. In its most recent quarter, which ended on March 31, Skillz reported a net loss of $148 million.

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