Thoughts on Draftkings with earnings coming up?

I know they spend a ton on marketing/customer acquisition but the CEO recently said that they are starting to be profitable in some states (I don't know how). With many states opening sports gambling in the near future there is potential upside with the company but their business plan seems to rely heavily on marketing which isn't the most stable thing. What are your thoughts on the stock? I'm thinking of buying puts before earnings.


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