Fantini Research: FanDuel leads US sports betting race with 38% market share
DraftKings and Caesars Entertainment both also hold significant shares in the market.
Fantini Research has revealed some key statistics relating to the race to become the United States’ largest sports betting operator. This research was compiled by analysing the download rates of each of the nation’s leading sports betting apps.
Indeed, the gambling data company and Gaming America media partner has revealed that FanDuel continues its dominance of the US sports betting market as we enter the third month of 2022, with DraftKings and Caesars Entertainment following on behind.
Specifically, FanDuel has had a relatively stable reign at the peak of the industry in terms of market share for the last three months, recording a 38%, 39% and 33% share in February, January and December respectively.
Following on from FanDuel, there is a relatively significant drop off. Indeed, DraftKings followed with a median market share of 22.33% over the last three months.
Caesars Entertainment made a push for second place in January following a surprisingly dominant launch in New York. However, this push failed to last throughout February, thus leaving the operator in third place. Caesars was followed by Entain and MGM Resorts International’s joint venture, BetMGM.
In fifth place for market share came WynnBet, which saw a boost after launching in New York, followed by Barstool, Flutter’s FOX Bet, the Canada-based sports media group theScore and finally PointsBet.
In regard to the nation’s iGaming market, it would seem that Flutter Entertainment, the company that owns FanDuel, remains on top, with a 27.4% market share. Once again DraftKings is second here, followed by BetMGM.
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