Concepts
DraftKings tops the list with 16% of the US online casino GGR market. DraftKings, known for its daily fantasy sports, has also established itself as a major player in the online casino industry in the US. The company operates online casinos in New Jersey, Pennsylvania and West Virginia. DraftKings Casino collected 75% of the state’s $50 million in online wagers during its first year of operation in West Virginia. DraftKings IR claims that its online casino app now has over 360 games to choose from.
Companies in the same sector: DraftKings
SugarHouse rivers
SugarHouse-Rivers ranks second on the list, with a 16% market share of the US online casino GGR market. Rush Street Interactive owns Sugarhouse-Rivers Casino. The company operates online casinos in Pennsylvania and New Jersey. SugarHouse was one of the first Pennsylvania casinos to apply for an online gaming license. The Pennsylvania Gaming Control Board granted SugarHouse a license in 2018, allowing it to offer online slots, table games and poker to Pennsylvania residents and visitors.
Rush Street Interactive is a company affiliated with Rush Street Interactive.
Betfair-FanDuel
Betfair-Fanduel has 15% of the US online casino GGR market, and ranks third on the list. Paddy Power Betfair and FanDuel together with US companies in 2018. They work together to operate internet casinos in Pennsylvania (FanDuel) and New Jersey (Betfair operation). Both are owned by Flutter Entertainment, the parent company of both companies (kaikkipokerista.com). Flutter is a global online gambling gem with over 13 million customers. Flutter owns Full Tilt Poker, PokerStars, SkyBet and FOXBet, among others.
Related companies: Flutter Entertainment is a specialist entertainment company
Roar ROAR ranks fourth on the list, with a 13% market share of the US online casino GGR market. The BetMGM, Borgata, PartyCasino and PartyPoker brands are part of ROG Digital, a joint venture between MGM Resorts International and GVC Holdings. Taking into account the impact of COVID-19, according to ROAR Digital’s CEO, BetMGM will generate net revenues of more than $130 million this year, mainly from New Jersey iGaming (online casino) (i.e. no sports). Under the betMGM name, ROAR Digital operates live casinos in New Jersey and West Virginia, with plans to expand into Pennsylvania this year.
Related companies include.
Goldilocks
The Golden Nugget casino, owned by Tilman Fertitta, is in fifth place. The Golden Nugget online casino is now only available in New Jersey, where it is the industry leader. In the third quarter, the company saw record users and New Jersey’s GGR could approach $100 million by 2020. The New Jersey Casino Regulatory Commission recently granted the business authority to complete its merger with SPAC Landcadia Holdings II.
pokerstars
PokerStars ranks sixth on the list, with a 5% share of the online casino GGR industry in the US. PokerStars is owned by Flutter Entertainment, which also owns BetFair-FanDuel in second place. In 2016, the popular European poker site debuted in New Jersey. New Jersey users can play online poker, slots and casino games through PokerStars.