With 16% of the US online casino GGR market share, DraftKings tops the list. The daily fantasy sports giant DraftKings is also a significant force in the US online casino industry. The corporation runs online casinos in West Virginia, Pennsylvania, and New Jersey. 75% of the $50 million in total online wagers for West Virginia that DraftKings Casino received during its first month of operation were made there. DraftKings IR claims that their online casino app now has over 360 different games available.
Second, on the list with 16% of the US online casino GGR market share is SugarHouse-Rivers. Rush Street Interactive is the owner of Sugarhouse-Rivers Casino. The business runs online casinos in New Jersey and Pennsylvania. One of the first casinos to apply for an online gambling license in Pennsylvania was SugarHouse Casino. The permit, approved by the Pennsylvania Gaming Control Board in 2018, enables SugarHouse to provide visitors and residents of Pennsylvania with online access to slots, table games, and poker.
Third on the list with 15% of the market share for US online casinos’ GGR is Betfair-Fanduel. In 2018, Paddy Power Betfair, FanDuel, and their US counterparts amalgamated. Together, they run internet casinos in New Jersey and Pennsylvania (FanDuel business) (Betfair operation). Their parent firm, Flutter Entertainment, owns both businesses. Flutter is a global gaming titan with more than 13 million users. The Flutter umbrella includes well-known companies, including Full Tilt Poker, PokerStars, SkyBet, and FOXBet.
With 13% of the market share for US online casinos’ GGR, ROAR is fourth on the list. BetMGM, Borgata, PartyCasino, and PartyPoker are part of the joint venture between MGM Resorts International and VGC Holdings, known as ROAR Digital. Given the effects of COVID-19, the CEO of ROAR Digital predicts that bet MGM will produce more than $130 million in net profits this year, primarily from iGaming (internet casinos) in New Jersey (i.e., lack of live sports). Under the BetMGM name, ROAR Digital operates live internet casinos in New Jersey and West Virginia. It also intends to enter the Pennsylvania market this year.
The Golden Nugget online casino, owned by Tilman Fertitta, is ranked fifth. Golden Nugget runs its online casino solely in New Jersey, where it dominates the industry. In the third quarter, the company saw record user activity, and by 2020, New Jersey GGR may have exceeded $100 million. The New Jersey Casino Control Commission recently gave the business permission to finalize the merger with SPAC Landcadia Holdings II.
With 5% of the GGR market share for US online casinos, PokerStars is ranked sixth. PokerStars belongs to Flutter Entertainment, just like Betfair-FanDuel, which took second. The well-known poker website from Europe was introduced in New Jersey in 2016. Users can access online poker, slots, and casino games in New Jersey with PokerStars.