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Yeah, all of the money I have poured into Splinterlands has seemed like a huge waste. I was doing great with rentals for a while but now make next to nothing. Plus you have to pay now to put your cards up to rent. On top of that, there were so many packs printed that it really drove the value down.
I am not sure if anyone is making money on this game besides the owners at this point. But to be fair, it is a game after all. You could say that they have brought outside attention to Hive which is great.
RE: From Hindsight to Wisdom: Reflecting on the 2017 Crypto Madness