Funniest comparison you could ever make. BetEasy is very large established and profitable business with significant scale.
Pointsbet is the very opposite, a very new player to the market that is burning through cash at an alarming rate, with no scale. Keep in mind the real players in the US have significant global scale and experience in wagering AND in daily fantasy sports, online poker, online casino, online bingo etc.
If the 14% price drop in 7 days from $4.99 on 5 December to $4.30 today on the back of no news doesn't set off alarm bells around volatility of Pointsbet, nothing will...
PBH Price at posting:
$4.25 Sentiment: Sell Disclosure: Not Held
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