Skillz Boasts Competitive Advantage on 2 Fronts
Skillz (NYSE: SKLZ) is a unique online multiplayer gaming platform that facilitates users placing wagers in a number of mobile games. The games Skillz is incorporated into generally require, well, skill, to play so there's more involved with the wagering that takes place than just gambling. That puts the company in a sweet spot between popular free-to-play games and more traditional games of chance.
The ability to wager also holds the potential to raise interest in the games that Skillz operates in, for both the users and the various game developers Skillz works with. Who wouldn't want to win a game with a monetary reward? And what developer wouldn't want to enhance interest in their games and attract more users?
Let's take a closer look at this company's two main competitive advantages.
Source Fool.com
