Search Categories

FanDuel dominates U.S. gambling market with almost half of all revenue

Ahead of the mid-year reports, betting industry behemoth FanDuel looks set for more good news following reports the company accounted for almost half of all market revenue in May 2022.

That’s according to a July report by Eilers & Krejcik Gaming (EKG), which indicated 47 per cent of gross gaming revenue (GGR) in the United States across the period was generated by FanDuel.

To put those number into context, nemeses DraftKings accounted for around 20 per cent of GGR during the same window, while FanDuel’s figure has climbed six per cent compared to the same period last year.

Gambling industry investor Chris Grove said “DraftKings is facing a different sort of challenge” unless it can manage to cut the growing gap to its biggest market competitor. “If we see the lead shrink over Q4, then it’s business as usual,” added Grove.

It was at the beginning of the new NFL season that DraftKings managed to snare some of FanDuel’s following last year, and the daily fantasy sports (DFS) titan will hope to do so again in 2022.