Analysts at JMP Securities have highlighted in-play betting as the next frontier for revenue growth for the US sports wagering industry. In a note to investors, Jordon Bender and Eric Ross said management commentary and M&A has led them to…
The American Gaming Association (AGA) has projected that American adults will place $35bn in bets with legal sportsbooks throughout the 2024 NFL season. This marks the AGA’s first ever legal wagering projection for the NFL season, which kicks off on…
Rush Street Interactive has said it has “no plans” to implement a customer surcharge like its sports betting industry rival DraftKings. The BetRivers operator today (5 August) made a veiled criticism against DraftKings by stating it did not intend to…
Super Group has decided to withdraw its sportsbook operations from the US following a comprehensive internal review. The Betway and Spin operator said it will shortly begin the process of closing its US sportsbook in the nine states where it…
FanDuel continued to gain OSB market share from its US online gaming rivals in April 2024, according to analysts at JMP Securities. FanDuel continued to gain US online betting market share in April as it accounted for 48% of the…
Analysts at JMP Securities reported that FanDuel maintained its US market lead in April 2024, despite DraftKings making gains. Analysts at JMP Securities reported that FanDuel maintained its US market lead in April 2024, despite DraftKings making gains. JMP has…
Analysts at JMP Securities highlighted that iGaming growth was partially offset by adverse sports betting results for US operators in Q1. Analysts at JMP Securities have highlighted that iGaming growth was partially offset by adverse sports betting results for US…
FanDuel consolidated its US GGR market share lead in Q1 2024 to 46%, according to analysts at JMP Securities. FanDuel consolidated its US GGR market share lead in Q1 2024 as it reached 46%, according to analysts at JMP Securities.…
Analysts at JMP highlighted continued development in sportsbook parlay development will work to boost margins. Analysts at JMP Securities have suggested the continued development of parlay-style bets will work to boost the sportsbook margins of US operators. Parlays consist of…