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190 days

Super Bowl 2025 Sees Eagles Thrash Chiefs. What It Means for DraftKings Stock. - Barron's

1. Eagles' win hurt sportsbooks' earnings, including DraftKings. 2. Most bets favored Eagles and over 48.5 points, both of which didn’t pay off. 3. Flutter's revenue guidance lowered; NFL favorites' wins impacted sports betting companies. 4. Super Bowl expected $1.39 billion in legal bets, showing sports betting growth.

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FAQ

Why Bearish?

DraftKings faced losses due to unfavorable outcomes; this can negatively affect stock performance, similar to previous post-Super Bowl trends.

How important is it?

The article discusses effects on sportsbooks; vital for investors analyzing DKNG's financial outlook.

Why Short Term?

Immediate impacts are likely due to the Super Bowl results, but may stabilize as betting trends realign.

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