PokerStars on FanDuel Posts 14% August Revenue Growth Across Three States
The $2.6 million estimate contrasted with declining revenue at rival leading poker brands and mixed state-level market results.
The $2.6 million estimate contrasted with declining revenue at rival leading poker brands and mixed state-level market results.
August handle slipped 7% from July, while sportsbook adjusted receipts fell 29.3% from a year earlier as iGaming remained resilient.
Its $72.7 million August online-casino result displaced BetMGM from the state’s historical top-10 list
The optional live-game integration begins with the NFL season, but details of the available markets and later expansion remain undisclosed.
Five straight months above $300 million lifted lifetime iGaming revenue to about $12.26 billion.
Handle fell to its lowest level of the year, but an 8.7% hold lifted sportsbook AGR.
June’s official report showed a 20% drop in online sports handle, while one outlet linked some of the betting surge to the World Cup.
Theresa Tomasik says the app flashed a big win before FanDuel called it a system error and refused to pay.
With $624.6 million in online gambling revenue last year, Michigan set aside $9.5 million for addiction services, after lawmakers removed a proposed per-wager tax from the budget.
The Atlanta-based startup had FanDuel MI’s number two spot for three consecutive months, but the Flutter brand lurched ahead in May. Still, PrizePicks remains a force heading into the 2022 NFL season.
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