Concepts
With 16 percent of the US online casino GGR market, DraftKings is at the top of the list. DraftKings, well known for its daily fantasy sports, is also establishing itself as a major participant in the online casino sector in the United States. In New Jersey, Pennsylvania, and West Virginia, the firm runs online casinos. DraftKings Casino pulled in 75 percent of the state’s $50 million in total online wagers in its first month 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 industry: DraftKings
Rivers of SugarHouse
SugarHouse-Rivers is ranked second on the list, with a market share of 16 percent in the US online casino GGR industry. Rush Street Interactive owns Sugarhouse-Rivers Casino. In Pennsylvania and New Jersey, the firm runs online casinos. SugarHouse was one of the first casinos in Pennsylvania to petition for an online gaming license. SugarHouse was granted a permit by the Pennsylvania Gaming Control Board in 2018, allowing it to provide online slots, table games, and poker to Pennsylvania residents and tourists.
Rush Street Interactive is a company that is related to Rush Street Interactive.
Betfair-FanDuel
With 15% of the US online casino GGR market, Betfair-Fanduel is ranked third on the list. Paddy Power Betfair and FanDuel combined with their respective US enterprises in 2018. They work together to run internet casinos in Pennsylvania (FanDuel) and New Jersey (Betfair operation). Flutter Entertainment, the parent company of both enterprises, owns them both. Flutter is a global online gaming behemoth with over 13 million customers. Flutter also owns Full Tilt Poker, PokerStars, SkyBet, and FOXBet, among other important businesses.
Companies in the same industry: Flutter Entertainment is a company that specializes on providing entertainment
Roar ROAR is ranked fourth on the list, with a market share of 13 percent in the US online casino GGR industry. The BetMGM, Borgata, PartyCasino, and PartyPoker brands are part of ROAR Digital, a joint venture between MGM Resorts International and GVC Holdings. Given the impact of COVID-19, according to the CEO of ROAR Digital, betMGM will produce more than $130 million in net profits this year, mostly from iGaming (online casino) in New Jersey (i.e., lack of live sports). Under the BetMGM name, ROAR Digital operates live internet casinos in New Jersey and West Virginia, ambitions to expand into Pennsylvania this year.
nugget of gold
The Golden Nugget online casino, owned by Tilman Fertitta, is ranked fifth. Golden Nugget’s online casino is now only available in New Jersey, the industry leader. The firm saw record user engagement in the third quarter, and New Jersey GGR might approach $100 million by 2020. The New Jersey Casino Control Commission recently granted the business authority to finalize its merger with SPAC Landcadia Holdings II.
Pokerstars
PokerStars is ranked sixth on the list, with a 5% share of the online casino GGR industry in the United States. PokerStars is owned by Flutter Entertainment, which also owns BetFair-FanDuel in second place. In 2016, the popular European poker website debuted in New Jersey. Users in New Jersey can play online poker, slots, and casino games with PokerStars.
