FanDuel Dominates US Betting Market in Latest Report
Transcript
00:00All right, let's get to
00:05about FanDuel. They have
00:06coming. I know you guys w
00:08a legal sports report tha
00:10are in as far as this lat
00:12they report? Yeah. So asi
00:16FanDuel wouldn't be addin
00:18were some really big take
00:20earnings call. They repor
00:23total U. S. Online sports
00:2541% of the total U. S. I
00:29numbers for FanDuel. It c
00:31the number one spot. They
00:34billion of revenue in the
00:37which had about 1.1. So a
00:40about 3.4 average monthly
00:443.1 for DraftKings. So uh
00:49of Flutter, Peter Jackson
00:52ability to add more custo
00:54the same time, get even m
00:56customers. Their customer
00:59was up about 30% in the q
01:02was up about 41% which th
01:05of benefits from product
01:08changes. These are things
01:10people placing bets on th
01:13live bets as opposed to p
01:15had about a 4% increase i
01:18live as opposed to premat
01:21given the fact that live
01:23more profitable for sport
01:26generally, which is why y
01:28like FanDuel companies, l
01:30to push live betting more
01:32whether that's in promos
01:34out to people, whether th
01:36they're making in the pro
01:38like sport radar, which h
01:40their live betting capabi
01:43the MLB were also up abou
01:47year, which is a huge inc
01:50You know, if you know any
01:51betting industry parlays
01:54their money on these high
01:56seeing compared to back i
01:58about 6% hold in Vegas wo
02:01Now companies like draftk
02:03you know, 10 to 12% just
02:05these basically these lot
02:08$5 bets that would be, yo
02:11something like that. So t
02:13NBA betting as well was u
02:16last year. Obviously, the
02:18more popular, but uh, fan
02:20of significant investments
02:24It's one of the two partn
02:26So more to come on those
02:28imagine, you know, they'r
02:30their winnings over and k
02:32changes, product enhancme
02:34to grow their customers.
02:36for FanDuel and obviously