Eagles Thrash Chiefs in Super Bowl. Why the Result Isn’t Great for DraftKings. - Barron's
1. Eagles' win negatively impacted U.S. sportsbooks during Super Bowl LIX. 2. Popularity of Eagles' bet led to losses for DraftKings and Flutter. 3. FanDuel's owner warned of low fourth-quarter U.S. revenue. 4. NFL season saw high win rates for favorites and record Super Bowl betting. 5. Betting companies avoided major payouts on unusual bets during the game.