FanDuel leads New York gaming market with 43% handle share
Flutter’s FanDuel continues to impose dominance in the New York gaming market, with a handle share of 43% and revenue share of 48%.
It is well on its way to usurping early market leader Caesars, which still edges FanDuel in year-to-date market revenue by 2%, with a 33% share of the market.
DraftKings sits second in the latest weekly figures, with a handle share of 25% and revenue at 23%. The operator’s current trajectory has taken it above Caesars in the weekly standings, which now languishes in third with a handle of 16%, down 3% on the prior week.
Caesars has, however, seen an uptick in its share of revenue in the latest week, rising to 21% from 16% the week before.
Though, this would doubtless do much to buoy Caesars’ hopes of a market-leading recovery.
Drifting across the market, BetMGM has seen a rise of 2% in its share of revenue this latest week, although a decreased handle share of 1% will surely temper hopes of rapid market growth in the Empire State.
PointsBet, WynnBet and BetRivers, each with 1% of the market’s revenue shares, follow.
It’s Resorts World Bet that props up the market, with a 0.4% share of the handle and 0.5% of the revenue.
Total market revenue in New York was $37m last week, growing 12% over the prior week for revenue and 13% for handle.
Year-to-date revenue totals $406m so far, while total handle sits at $3.9bn.
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