SectorWire
SearchRegister
MenuClose

Analysts say Super Bowl LIX result favoured US sportsbooks

Business

An anonymous source at a major US sportsbook and analysts at JMP Securities said the Philadelphia Eagles’ 40-22 win over the Kansas City Chiefs appeared positive for sportsbook margins. JMP had forecast about $1.75 billion in wagers on the game and estimated player markets accounted for 50% to 60% of Super Bowl bets.

The estimates indicate how event outcomes and player-prop activity may affect sportsbook margins and quarterly forecasts.

Request a correction

Flag an issue

Keep reading