November 27, 2020

SportsBetNow

All about sport online betting

DraftKings Closing In On FanDuel In PA, But Can That Continue? – Penn Bets

DraftKings Closing In On FanDuel In PA, But Can That Continue? - Penn Bets

With COVID-19 shutdowns devastating the sports betting industry this spring, one thing remained constant as everything else was thrown asunder:

DraftKings kept gaining on FanDuel in Pennsylvania.

The Boston-based company that recently went public took 28.1% of the $77.5 million in legal wagers placed in the state in May, according to the monthly figures released last week by the Pennsylvania Gaming Control Board.

That was 10.1 percentage points behind the 38.2% claimed by FanDuel, which has been far and away the state’s market leader since its first full month of operation in August 2019.

But that was the closest gap yet between the two in terms of the online/mobile share in the Keystone State, as DraftKings lagged nearly 40 percentage points behind FanDuel in its own first full month in December. The margin has nudged closer every month since.

Bet Sports Legally With A Bonus!

$250 Bonus

Only 1x Wager Applies, Playable in PA Only

  • Simple, Easy-to-Clear Bonus
  • Best in Class Loyalty Program
  • Get Tons of Alternative Lines
  • Win Big in the Integrated Casino

FanDuel has no competitor like DraftKings

The two operators share a lot in common — their daily fantasy sports histories, vast customer databases, ubiquitous TV advertising, and bevy of promotional offers to attract recreational bettors.

FanDuel got a strong leg up on its competitor for online customers by launching in July, well ahead of the lucrative football season, in affiliation with Valley Forge Casino Resort. (In Pennsylvania, an online sportsbook can only operate through
Source…