The month in US sports betting: Likely winners of the New York online betting bidding war
Eilers & Krejcik Gaming reflects on which operators and providers could gain online betting skins under New York's cryptic licensing framework
New York lawmakers have established a framework for legal online betting
Can Barstool hang with the big three in Michigan?
- Barstool saw its share of online handle fall to 13% in February from 24% in January; FanDuel (29% vs. 28%), DraftKings (24% vs. 24%), and BetMGM (25% vs. 20%) maintained or grew share month on month.
- Barstool saw significant average daily handle degradation month on month (-48%); FanDuel (-4%), DraftKings (-8%), and BetMGM (+19%) fared significantly better on this metric.
- That degradation came despite a 96% month on month increase in promotional spending at Barstool; FanDuel (-16%), DraftKings (+9%), and BetMGM (-44%) were more conservative with promo spending month on month.