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The Independent UK

National

Damian J. Troise

Latest NFL season highlights financial risks for sports betting companies when so many favorites win

NFL Los Angeles DraftKings Flutter Robert Fishman Football Fanduel The American Gaming Association United States

Sports Betting-Risky Business - (Copyright 2022 The Associated Press. All rights reserved)

It’s been a tough football season for sports books.

FanDuel and its key rival DraftKings have both showed investors that the house can indeed lose, or at least lose more than anticipated.

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