FanDuel Rushing To Lead Early In Virginia Sports Betting; DraftKings second, with MGM and Caesars lagging | Professional sports

FanDuel Rushing To Lead Early In Virginia Sports Betting;  DraftKings second, with MGM and Caesars lagging |  Professional sports

The preliminary data, which covered the time period from January to the end of March, showed DraftKings in second place, with 24% of the state’s market share. MGM was third with 14%. Caesars, which operates in the state under the William Hill brand, had 8% of the market, and BetRivers and Wynn had 1% or less of the market.

FanDuel sprints out to early lead in Virginia sports betting; DraftKings second, with MGM and Caesars lagging behind | Professional Sports Three other companies have been authorized to take bets in the state but have not yet gone live – Bally’s, Golden Nugget and Penn National, which operates under the Barstool Sports name.

FanDuel was given a jump start of about a week on other operators at launch thanks to its partnership with the Washington Football Team. The decision was an enticement to the team as it contemplates where to build a new stadium. Source richmond.com

The Lottery’s data was the most detailed to date, and showed that basketball was the most popular sport by far for bettors, with half of all wagers, about $315 million worth, being placed on pro and college games. The total amount wagered in the state during the first three months of the year was $628 million.

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