Zach Warring and Mackenzie Peterson break down DraftKings (DKNG) earnings as prediction markets gain popularity. The stock fell over 10% after the report, despite record-breaking revenue. Mackenzie points out it missed on EPS and notes a flatter trend for long-term growth, saying it looks “choppy” from here. She argues seasonality is impacting results as well. Zach thinks management is “doing the right thing” by being conservative and calls this pullback a buying opportunity. They both discuss how prediction markets are impacting betting stocks and whether DraftKings will join that business.