DraftKings faces estimated $50m World Cup group-stage betting losses
DraftKings lost as much as $50 million during the 2026 World Cup group stage, according to estimates from Bank of America reported in the report. Flutter also reported that British customers won €4.1 million on England’s 4-2 victory over Croatia, while a goalless England-Ghana draw more than offset those losses, the company said. The article attributed the figures to analysts and company statements.
The reported results show how major tournament outcomes can affect betting operators’ trading performance.