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  "documentTitle": "Super Group (SGHC) Limited (SGHC)",
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      "text": "Spruce Point was early in identifying the disruption from prediction exchanges for the legacy online sports betting operators. We believe the rising popularity of prediction markets is also a growth impediment for Super Group's sports betting business.",
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      "text": "DKNG Share Price chart showing decline after Spruce Point report.",
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      "text": "Maximum Decline Post Report: -26%",
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      "text": "The recommendations shown above are not intended to be exhaustive or represent investment returns following Spruce Point's research campaigns. A full list of all recommendations made over the past twelve months can be found on our website.",
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      "text": "Company: DraftKings Inc. Ticker | Date: NASDAQ: DKNG | October 2025. Enterprise Value: $19.6 billion. Maximum Decline Post Report: -26%. Company Positioning: A market leading provider of online sports betting immune to emerging technology.",
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      "text": "Spruce Point Has A Track Record In Sports Betting Markets (Cont'd)",
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