FanDuel has continued its domination of New York’s iGaming and on-line sportsbook market, taking 55% of the market share and 45% of the deal with.
DraftKings stays second place with a 23% share of New York’s income and 26% of its deal with.
In the meantime, Caesars took third for deal with with 15% however its income share slumped to fourth place at 9%.
New York’s general market generated $72.4m for June, down a marked 34% year-on-year in what’s the first month the state reported lower than $100m in month-to-month income since February 2022.
This has been extensively ascribed to a scarcity of main sports activities betting occasions to position bets on in the course of the month, one thing prone to proceed all through the summer season.
Regardless of the general income dropping, FanDuel will certainly be happy to extend its market share. In March, considered one of New York’s most profitable months, FanDuel’s share of the market was 48%.
New York’s deal with, nevertheless, remained above $1bn. The Empire State took $1.05bn for June, the bottom determine because the state’s market launched in January. That is regardless of New York remaining above the $1bn threshold.
Elsewhere, Flutter’s domination has endured in Iowa, the place the operator led sports activities betting income with a forty five% share of the market.
Flutter’s closest competitor in Iowa was DraftKings, which took 28% of the market share.
The general image for Iowa was not so rosy, sports activities betting income fell 22% to $6.6m in June.
In reality, FanDuel at Boyd’s Diamond Jo Dubuque and Caesars Sportsbook at Harrah’s had been the one Iowa casinos to report sports activities betting development.
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