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Fortune
Fortune
Stuart Dyos

More Americans see gambling on sports as an investment tool, but DraftKings CEO says most bettors know 'they're likely to lose money' over the long term

Jason Robins CEO and co-founder of DraftKings (Credit: Jason Bergman—Bloomberg/Getty Images)
  • DraftKings CEO Jason Robins emphasizes that users should take betting strictly for its entertainment value, but many sports bettors think differently. 

While more Americans choose to bet on sports as a way to invest, DraftKings warns against it.

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