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DraftKings May Trim 2025 Forecast Amid Texas Jackpocket Shutdown: Analyst
Summary
DraftKings (NASDAQ: DKNG) Q1 earnings preview highlights risks from slowed betting growth and regulatory shifts. BofA sees a $30M EBITDA impact from Texas' Jackpocket ban, potentially lowering guidance to $920M. Despite lowered Q1 projections, strong Super Bowl performance keeps full-year outlook intact.
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Read Full ArticleArticle published on April 22, 2025 by benzinga