DraftKings has outperformed FanDuel on sports betting volume in New York for the first time, handling $488.5m in June wagers.<\/p>\n
DraftKings has outperformed FanDuel on sports betting volume in New York for the first time, handling $488.5m in June wagers while accounting for 42% of all mobile bets in the state.<\/strong><\/p>\n Compared to June 2022, DraftKings experienced a remarkable 81% increase in handle, according to recent data published by the New York State Gaming Commission.<\/p>\n Analysts have pointed to DraftKings\u2019 robust performance in New York as one of the key factors contributing to the company\u2019s recent gains on the stock market.<\/p>\n FanDuel, on the other hand, experienced a decline in handle compared to the previous year.<\/p>\n In June, the company recorded total handle of $418.1m in New York, representing a 13% drop on June 2022 and a 34% decline on the previous month.<\/p>\n FanDuel now holds a 36% handle share of the market, trailing behind DraftKings. Caesars was the only other online sports betting operator to achieve a double-digit market share.<\/p>\n In June, Caesars carved out an 11% share based on handle of $124.8m.<\/p>\n FanDuel continued to hold the top spot for market share based on revenue, reporting GGR of $47.2m last month. This did represent a decline of 38% from May, however. <\/p>\n DraftKings meanwhile recorded $37.1m in GGR, a decrease of almost 22% compared to May.<\/p>\n In total, New York sportsbooks generated\u00a0$103.8m\u00a0of GGR in June. <\/p>\n Additionally, the state\u2019s total online betting handle reached $1.16bn, representing an 11% increase year-on-year.<\/p>\n However, the June figures reflect a month-on-month decrease of nearly 17%.<\/p>\n June is generally considered a slower month in the US sports betting calendar, with fewer events taking place.<\/p>\n However, popular options such as professional baseball, tennis and golf betting tend to attract significant attention during the summer months, particularly in the absence of NFL betting.<\/p>\n <\/span> DraftKings has outperformed FanDuel on sports betting volume in New York for the first time, handling $488.5m in June wagers. DraftKings has outperformed FanDuel on sports betting volume in New York for the first time, handling $488.5m in June wagers while accounting for 42% of all mobile bets in the state. Compared to June 2022, […]<\/p>\n","protected":false},"author":1,"featured_media":418,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,2],"tags":[25,4,5,100,101,102,16],"class_list":["post-417","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-betting","category-skillraid","tag-caesars","tag-draftkings","tag-fanduel","tag-market-share","tag-new-york","tag-new-york-sports-betting","tag-us-sports-betting"],"_links":{"self":[{"href":"https:\/\/skillraid.site\/index.php?rest_route=\/wp\/v2\/posts\/417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/skillraid.site\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/skillraid.site\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/skillraid.site\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/skillraid.site\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=417"}],"version-history":[{"count":0,"href":"https:\/\/skillraid.site\/index.php?rest_route=\/wp\/v2\/posts\/417\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/skillraid.site\/index.php?rest_route=\/wp\/v2\/media\/418"}],"wp:attachment":[{"href":"https:\/\/skillraid.site\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/skillraid.site\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/skillraid.site\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}FanDuel maintains GGR lead<\/h2>\n
Total <\/strong>handle drops<\/h2>\n
\n <\/p>\n","protected":false},"excerpt":{"rendered":"