Customer-friendly sport outcomes resulted in headwinds of $250 million and $175 million to our fiscal year 2024 revenue,” DraftKings CEO Jason Robins wrote in a letter to shareholders.
He added that it was “the most customer-friendly stretch of NFL sport outcomes we have ever seen.”
‘Huge gap right now’
Red Rock Resort sportsbook director Chuck Esposito said it’s also been “kind of a down year for us in the NFL and a good year for the public” at Station Sports.
“The first couple of weeks there seemed to be a lot of parity, but I would say there is a huge gap right now,” he said. “There’s some really good teams and, especially from our world, there are teams that are bet-ons every week and teams that are bet-againsts every week. We find ourselves rooting for or against those teams on a weekly basis.
“I think a lot of it is driven by a lot of young quarterbacks in the league. We clearly have seen that this year there’s a huge divide.”
Esposito said guests typically bet against the Raiders, Panthers and Patriots, and bet on the Lions and Bills.
“The public is not afraid to lay a big number on some favorites because of the disparity in talent,” he said. “Or what they perceive that to be right now.”