June FanDuel continues New York lead with 55 market share

FanDuel has continued its domination of New York’s iGaming and online sportsbook market, taking 55% of the market share and 45% of the handle

FanDuel has continued its supremacy of New York’s iGaming and online sportsbook market, taking 55% of the securities industry apportion and 45% of the handle.

DraftKings remains sec set with a 23% deal of New York’s revenue and 26% of its handle.

Meanwhile, Caesars took 3rd for hold with 15% but its revenue part slumped to fourth posture at 9%.

New York’s boilers suit marketplace generated $72.4m for June, downwards a pronounced 34% year-on-year inwards what is the first of all month the state reported to a lesser extent than $100m inward monthly revenue since February 2022.

This has been widely ascribed to a deficiency of major sports betting events to come out bets on during the month, something potential to bear on throughout the summer.

Despite the boilers suit revenue dropping, FanDuel testament sure enough follow proud of(p) to increment its market place share. In March, unity of New York’s to the highest degree moneymaking months, FanDuel's part of the market was 48%.

New York’s handle, however, remained supra $1bn. The Empire State took $1.05bn for June, the lowest fig since the state’s marketplace launched inward January. This is despite New York remaining to a higher place the $1bn threshold.

Elsewhere, Flutter’s domination has persisted inwards Iowa, where the manipulator led sports betting revenue with a 45% portion out of the market.

Flutter’s closest competitor in IA was DraftKings, which took 28% of the market share.

The boilersuit depict for Hawkeye State was not so rosy, sports betting revenue felled seam 22% to $6.6m inward June.

In fact, FanDuel at Boyd’s Diamond Jo Dubuque and Caesars Sportsbook at Harrah’s were the only IA casinos to study sports betting growth.