The biggest US sportsbook is FanDuel in terms of market share of states with legal sports betting. Part of Flutter Entertainment in the UK, FanDuel Sportsbook has predicted profitability for all four quarters of 2023 after last year's first profitable quarter in April to June.
FanDuel CEO Amy Howe recently commented to Bloomberg Television:
"We feel very confident about our path to profitability in 2023. Fundamentals of our business are looking very strong so we remain very confident about full-year profitability this year."
The online sports betting company has more US market share than its two main competitors combined. FanDuel is the largest sportsbook both retail and in the online segment. FanDuel Sportsbook is available in multiple states and it covers sports games and sporting events including NFL, NBA, MLB and NHL games. FanDuel Racebook covers horse racing in the US, Canada and all over the world.
Doc's Sports Service has all the details in the following post FanDuel Sportsbook Predicts 2023 Profitability.
No comments:
Post a Comment