DraftKings Overtakes FanDuel as Top US Online Gambling Operator

DraftKings overtook FanDuel as the top US online gambling operator by market share for the first time.

DraftKings had 31% market share compared to FanDuel's 30% in Q3 2022, per research firm Eilers & Krejcik Gaming.

DraftKings' acquisition of Golden Nugget Online Gaming helped drive its recent growth.

FanDuel had long been the market leader but has fallen from a 37% peak in Q1 2022.

Competition is heating up with new market entrants like ESPN Bet and Fanatics this fall.