- FanDuel parent company Flutter Entertainment shows that their online gambling imprint in the US is the largest operation.
- FanDuel pushed US gaming revenue up 81% in 2020.
- Flutter Entertainments US base is 40% larger than its closest competitor DraftKings.
DUBLIN, Ireland – FanDuel has seen major success in the US sports betting and online gambling arena, climbing its way to the largest market share in the country.
In a new preliminary release by parent company Flutter Entertainment, the actual impact the online gaming provider has on the market can be seen directly.
With its hands in anything daily fantasy sports (DFS), iGaming, and legal sports betting, Flutter Entertainment has managed to impact overall market growth the most out of any gambling operation in the country.
The release shows that over US revenue saw $967 million in growth, an 81% increase in 2020 all from FanDuel products.
In addition, FanDuel Sportsbook saw an 86% rise in stakes at $6.1 billion and a 101% increase in sportsbook revenue in 2020 as well.
FanDuel’s holds the largest market share in the US and is 40% larger than its closest competitor in DraftKings.
“Nowhere has our growth been more evident than in the US where we have consolidated our #1 position in this crucial market, with customer economics that continue to exceed our expectations, finishing the year as the first US online operator to reach over $1.1bn in gross gaming revenue,” said Peter Jackson, Chief Executive of Flutter. “During this exceptionally testing time, we have focused on safeguarding the welfare of colleagues and contributed more to the communities in which we operate.”
The official Q4 numbers show that FanDuel held 40% of the entire US online sports betting market share and 20% of iGaming market share.
The success of 2020 for FanDuel saw management increase the 2025 projections to surpassing $20 billion. The expectation is that states like California and Texas will have sports betting markets by then.
The projections also included increases in New Jersey and Michigan. New Jersey in particular is the largest sports betting market for FanDuel in the US.
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