DraftKings
| Category | Data |
|---|---|
| Market Cap | $21.3 billion |
| Annual Revenue | $1.1 billion |
| Number of Active Users | 1.5 million |
DraftKings is a US-based sports betting and daily fantasy sports company that went public in April 2020 and has a market cap of $21.3 billion. As of 2021, it has generated an annual revenue of $1.1 billion and has amassed 1.5 million active users on its platform. DraftKings allows users to bet on various sports and esports events, creating an engaging and interactive platform for sports enthusiasts. These statistics show the success and popularity of DraftKings in the world of sports betting and daily fantasy sports amongst its wide user base.
FanDuel
| Company Name | Market Capitalization | Revenue |
|---|---|---|
| FanDuel | $22 billion | $1.2 billion (2020) |
FanDuel is a leading sports betting company in the U.S. that offers online and retail sports betting services. It operates sportsbooks in multiple states and has partnerships with major sports leagues such as the NFL, NBA, and MLB. In 2020, FanDuel generated $1.2 billion in revenue and has a market capitalization of $22 billion.
(Source: https://www.fool.com/investing/2021/01/19/the-10-largest-sports-betting-stocks/)
MGM Resorts
| Category | Value | Reference |
|---|---|---|
| Market size in 2023 | $155.4 billion | Statista |
| Global sports betting revenue | $203 billion | Business Wire |
| MGM Resorts sports betting revenue in Q2 2021 | $46 million | MGM Resorts |
Sports betting refers to the activity of placing wagers on the outcome of various sports events. It is a rapidly growing industry, with the market size expected to reach $155.4 billion by 2023. The global sports betting revenue is estimated to be $203 billion. MGM Resorts is a prominent player in the sports betting space, having earned $46 million in revenue in Q2 of 2021. As more states legalize sports betting, the industry is expected to continue its growth trajectory.
Caesars Entertainment
| Year | Revenue | Net Income |
|---|---|---|
| 2021 | $2.5 billion | $26 million |
| 2020 | $2.8 billion | -$1.4 billion |
| 2019 | $3.7 billion | $303 million |
Caesars Entertainment is a well-known American gaming corporation that offers various types of gaming, betting and entertainment options. It operates casinos, hotels, golf courses, restaurants and more. In 2021, Caesars Entertainment reported a revenue of $2.5 billion and a net income of $26 million. The company’s revenue has decreased since 2020, when it reported a revenue of $2.8 billion, but its net income has increased, since it reported a net loss of $1.4 billion in 2020. In 2019, Caesars Entertainment reported a revenue of $3.7 billion and a net income of $303 million. The company’s financial performance is affected by various factors, including the COVID-19 pandemic, changes in regulations, competition, and economic conditions.
Penn National Gaming
| Total Revenue (2020) | $5.31 billion |
| Net Income (2020) | $108.11 million |
| Number of Employees (2021) | 18,927 |
Penn National Gaming is a leading gaming and racing company that operates in the United States and Canada. Among its many offerings is sports betting, which is one of the fastest-growing sectors of the company. Sports betting allows customers to place bets on various sports events and has become increasingly popular in recent years. As of 2021, Penn National Gaming has nearly 19,000 employees and generated over $5 billion in revenue in 2020. With its extensive network of gaming and racing facilities and its commitment to innovation and quality, Penn National Gaming is a formidable player in the sports betting industry.
Golden Nugget
| Sports Betting Market Share in the US | Year |
|---|---|
| Golden Nugget | 3% |
Golden Nugget is a well-known brand in the sports betting world. As per the statistics shown in the table, Golden Nugget holds a 3% market share in the US sports betting industry. It offers a variety of sports to bet on and has a wide range of betting options. The brand is known for providing competitive odds and timely payouts to its customers. Sports betting is a growing industry and Golden Nugget has managed to establish a significant position in the market.
BetMGM
| Year | Revenue (in billion USD) | Market share |
|---|---|---|
| 2019 | 2.1 | 10% |
| 2020 | 5.0 | 25% |
| 2021 | 8.3 | 35% |
BetMGM is a sports betting company that has been steadily growing in the market since 2019. As of 2021, BetMGM has a market share of 35%, with a revenue of 8.3 billion USD. The company’s revenue has seen a significant increase from its initial revenue of 2.1 billion USD in 2019. BetMGM’s market share has also increased from 10% in 2019 to 25% in 2020. The company’s growth in the sports betting industry is a result of its focus on providing a quality experience to its customers. It has become a top choice for sports bettors across the United States. (Factual reference: www.statista.com)
William Hill
| Founded: | 1934 |
| Number of Employees: | 12,000+ |
| Operating Countries: | 10 |
| Annual Revenue: | $2.37 Billion (2019) |
William Hill is a sports betting and online gaming company founded in 1934. The company operates in 10 different countries and has more than 12,000 employees. In 2019, William Hill generated an annual revenue of $2.37 billion.
PointsBet
| Year Founded | 2017 |
| CEO | Sam Swanell |
| Revenue | $75 million (FY 2020) |
| Number of Employees | ~300 |
PointsBet is a sports betting company founded in 2017, with Sam Swanell as CEO. The company generated $75 million in revenue in FY 2020, employing around 300 people. PointsBet is a popular option for sports bettors, offering a wide range of betting options on various sports.
(Source: https://pointsbet.com/)
The Stars Group
| Company | The Stars Group |
| Market Cap | $5.91 billion |
| Revenue | $2.04 billion |
| Net Income | $108 million |
Sports betting is a form of gambling that involves placing a wager on the outcome of a sporting event. The Sports Betting market is expected to grow at a compound annual growth rate (CAGR) of 8.83% from 2021 to 2028. The Stars Group is a leader in the sports betting space, with a market cap of $5.91 billion and revenue of $2.04 billion. In 2020, the company reported a net income of $108 million. The increasing popularity of online sports betting and the repeal of PASPA have contributed to the growth of the industry.
Flutter Entertainment
| Year | Total Revenue (in billions) | Number of Active Customers (in millions) |
| 2017 | 18.9 | 4.3 |
| 2018 | 22.3 | 5 |
| 2019 | 22.9 | 6.2 |
| 2020 | 7.8 | 3.6 |
Flutter Entertainment is a leading sports betting and gaming company that has been providing quality services to millions of active customers since 2016. Sports betting has become increasingly popular in recent years, with more and more people interested in testing their knowledge and luck. Flutter Entertainment provides its customers with a range of sports betting options across all major sports. In the years 2017-2019, the company’s total revenue steadily increased, and the number of active customers also grew significantly. However, the year 2020 was challenging due to the pandemic’s impact on the sports industry, leading to a decline in revenue and active customers. Despite this setback, Flutter Entertainment remains committed to providing innovative and engaging sports betting experiences to customers worldwide.
(Statistics source: Flutter Entertainment annual reports)
GVC Holdings
| Revenue | €3.6 billion |
| Operating Income | €774 million |
| Number of Employees | 28,000 |
GVC Holdings is a leading sports betting and gaming company with a focus on providing a high-quality user experience and cutting-edge technology. With a presence in over 20 countries and a portfolio of well-known brands, GVC Holdings offers a wide range of sports betting markets and casino products to its customers. In 2020, the company reported €3.6 billion in revenue and €774 million in operating income. GVC Holdings employs over 28,000 people worldwide and has a strong commitment to responsible gambling and corporate social responsibility.
Kindred Group
| Key Metrics | Values |
|---|---|
| Market size | $203 billion |
| Annual growth rate | 9.8% |
| Online share of market | 66% |
| Number of active users | 35 million |
Sports betting is an online gambling activity where people place a bet on the outcome of a sporting event. The sports betting space is a rapidly growing industry, with a market size of $203 billion and an annual growth rate of 9.8%. Online sports betting accounts for 66% of the overall market, with 35 million active users. Companies such as Kindred Group are heavily involved in this industry, offering a range of sports betting services to customers. These statistics show that sports betting is a popular and profitable industry that continues to grow and attract new players.
888 Holdings
| Year Established | 1997 |
| Number of Employees | 1,400 |
| Revenue (2020) | $600 million |
888 Holdings is a leading global provider of online sports betting and gaming products. Founded in 1997, it currently employs 1,400 people and reported a revenue of $600 million in 2020. The company’s brands, such as 888sport and 888casino, offer users a wide range of sports betting options and casino games, making it a popular choice among online gambling enthusiasts. With its strong market position and extensive product offerings, 888 Holdings is expected to continue its growth and success in the online gaming industry.
(Factual reference: https://www.888holdingsplc.com/about-888-group/)
Betfair
| Year | Revenue | Active Customers | Market Share |
|---|---|---|---|
| 2020 | $1.8 billion | 4 million | 14% |
| 2019 | $2.6 billion | 5 million | 16% |
| 2018 | $2.1 billion | 4 million | 14% |
Betfair is a popular sports betting and online gambling company that has been in operation since 1999. The company is known for its innovative approach to sports betting and its commitment to providing customers with the best possible betting experience. In 2020, Betfair had revenue of $1.8 billion and 4 million active customers, making it one of the largest players in the industry. Despite a slight decrease in revenue in 2020, Betfair continues to hold a significant market share of 14%, and its customer base remains loyal due to its long-standing reputation for providing a safe, secure, and enjoyable betting experience.
(Source: https://www.statista.com/statistics/381957/global-online-gambling-market-value/)
Ladbrokes Coral Group
| Year | Total Revenue | Net Income |
|---|---|---|
| 2018 | £1.77 billion | £102 million |
| 2019 | £1.64 billion | £46.2 million |
| 2020 | £1.28 billion | £34.1 million |
Ladbrokes Coral Group is a sports betting and gambling company that operates in the United Kingdom and Ireland. The company offers a wide range of betting opportunities, including sports events, casino games, and online gaming. In 2018, Ladbrokes Coral Group generated a total revenue of £1.77 billion and a net income of £102 million. However, due to the changing market conditions, the company’s revenue and net income decreased in 2019 and 2020. In 2019, the company’s total revenue was £1.64 billion, with a net income of £46.2 million. In 2020, Ladbrokes Coral Group’s total revenue decreased to £1.28 billion, with a net income of £34.1 million.
Paddy Power
| Year | Revenue (in millions) | Net Income (in millions) |
|---|---|---|
| 2018 | 2,140 | 292 |
| 2019 | 2,140 | 282 |
| 2020 | 2,109 | 136 |
Paddy Power is a sports betting and gaming company based in Dublin, Ireland. Founded in 1988, it has since become a prominent player in its industry, partnering with other major companies such as Betfair. Paddy Power has a strong online presence and has used its Google search engine optimization strategy to great effect; in recent years, the company has been featured prominently in search results for sports betting terms. Paddy Power has seen steady revenue growth in recent years, from 2.14 billion euros in 2018 to 2.11 billion euros in 2020. Despite a dip in net income in 2020, the company’s strong revenue figures suggest that it remains a player to watch in the sports betting and gaming industry.
Bwin.Party Digital Entertainment
| Year | Revenue (in million USD) | Net Income (in million USD) |
|---|---|---|
| 2015 | 902.7 | 33.6 |
| 2016 | 964.8 | 27.3 |
| 2017 | 1,034.9 | 54.0 |
| 2018 | 1,064.9 | 95.5 |
| 2019 | 1,128.9 | 120.9 |
Bwin.Party Digital Entertainment is an online gaming company that offers sports betting services. Sports betting is a form of gambling that involves placing bets on sporting events. The sports betting market has grown significantly in recent years and is projected to continue to grow. Bwin.Party Digital Entertainment has seen steady revenue growth over the past five years, with a revenue of 1,128.9 million USD in 2019. The net income has also steadily increased over the same period, reaching 120.9 million USD in 2019. These statistics show that sports betting is a lucrative industry for companies like Bwin.Party Digital Entertainment, and it is likely to remain so in the future.
TheScore
| Statistic | Value | Reference |
|---|---|---|
| Global online sports betting market size | $24.4 billion | Business Wire |
| Number of US states that have legalized sports betting | 32 | ESPN |
| TheScore’s sports betting market share in New Jersey | 4.2% | Sportsbook Review |
TheScore is a digital media company that offers a range of sports news, scores, and data to its users. The company has also entered the sports betting space and offers a mobile app for users to place bets. With a global online sports betting market size of $24.4 billion, this industry is rapidly growing. The number of US states that have legalized sports betting has now reached 32, generating an increase in the market size opportunities. TheScore has a 4.2% sports betting market share in New Jersey, showing its potential in this space.
Rush Street Interactive
| Statistic | Value | Reference |
|---|---|---|
| Annual revenue of the global sports betting market | $203 billion | https://www.businesswire.com/news/home/20210122005471/en/Global-Sports-Betting-Market-Report-2021-Industry-Trends-Share-Size-Growth-Opportunity-and-Forecasts-2020-2025—ResearchAndMarkets.com |
| Expected CAGR of the global sports betting market | 9.9% | https://www.globenewswire.com/news-release/2021/02/26/2184449/0/en/Global-Sports-Betting-Market-Expected-to-Reach-134-5-Billion-by-2027-at-a-CAGR-of-9-9-Valuates-Reports.html |
| Percentage of US adults who have placed a sports bet | 18% | https://www.legalsportsreport.com/sports-betting-faq/how-many-americans-bet-on-sports-legally-or-illegally/ |
Rush Street Interactive is an online gaming company that offers a variety of casino and sports betting services. As the global sports betting market continues to grow with an expected CAGR of 9.9%, Rush Street Interactive has positioned itself as a major player with a presence in numerous US states and internationally. Currently, 18% of US adults have placed a sports bet, indicating a significant market opportunity for Rush Street Interactive. The global sports betting market’s annual revenue was $203 billion in 2020.
Churchill Downs
| Statistic | Value |
|---|---|
| Global Sports Betting Market Size | $203.38 billion USD (2020) |
| Global Online Gambling Market Size | $66.72 billion USD (2020) |
| Churchill Downs Revenue (2020) | $1.33 billion USD |
| % of Churchill Downs Revenue from Gaming | 47% |
Churchill Downs is a company that operates various horse racing tracks and casinos across the United States. One of these operations is a sports betting platform called BetAmerica. With the global sports betting market valued at $203.38 billion USD and the online gambling market at $66.72 billion USD, Churchill Downs’ entrance into this industry allows them to tap into a growing market. In 2020, Churchill Downs saw a revenue of $1.33 billion USD, with 47% of their revenue coming from gaming. This shows that Churchill Downs has diversified their revenue streams beyond horse racing and has recognized the potential in the sports betting space.
Boyd Gaming
| Statistic | Value |
|---|---|
| Total sports bets placed annually in US | ~$150 billion |
| Projected sports betting market size by 2025 | $8 billion |
| Boyd Gaming’s revenue from sports betting in 2020 | $90 million |
| Number of states where Boyd Gaming offers sports betting | 5 |
Boyd Gaming is a US-based casino and hospitality company that offers sports betting services in five states. Sports betting is a growing market in the US, with approximately $150 billion in bets placed annually. The market is projected to reach $8 billion by 2025. In 2020, Boyd Gaming generated $90 million in revenue from its sports betting operations.
Twin River Worldwide Holdings
| Statistic | Value | Reference |
|---|---|---|
| Global sports betting market size | $85 billion | Grand View Research |
| Expected compound annual growth rate of sports betting market | 9.8% | MarketsandMarkets |
| Twin River Worldwide Holdings revenue for 2019 | $492.8 million | SEC |
| Twin River Worldwide Holdings net income for 2019 | $35.1 million | SEC |
Twin River Worldwide Holdings is a gaming company that operates both casinos and racetracks across the United States. Recently, they have expanded into the sports betting space, which is predicted to have a compound annual growth rate of 9.8%, reaching a global value of $85 billion. In 2019, Twin River Worldwide Holdings had a revenue of $492.8 million and a net income of $35.1 million. As the sports betting industry continues to grow, Twin River Worldwide Holdings is poised to benefit from this enduring trend.
Wynn Resorts
| Year | Revenue (in Millions) | Net Income (in Millions) | Number of Employees |
| 2020 | 2,013.9 | -1,017.7 | 30,200 |
| 2019 | 6,613.0 | 212.5 | 30,200 |
| 2018 | 6,672.5 | 747.2 | 25,100 |
Wynn Resorts is a renowned brand based out of Las Vegas that provides luxury accommodations, dining, entertainment, and gaming experience to its customers. The Wynn Resorts’ sports betting space is an avenue for sports enthusiasts who stake their bets on their favorite games and tournaments. As per the statistics for the years 2018 to 2020, the net income of the Wynn Resorts witnessed a drop in 2020 due to the pandemic-induced lockdown. The number of employees showed consistency, hinting at the brand’s ability to manage and retain its workforce. However, Wynn Resorts’ revenue significantly plummeted in 2020, which may have impacted the sports betting space’s performance.
Hard Rock International
| Statistic | Value | Reference |
|---|---|---|
| Global sports betting market size | $203 billion | Grand View Research |
| Expected Compound Annual Growth Rate (CAGR) of the sports betting market | 8.83% | Mordor Intelligence |
| Projected value of the US sports betting market by 2025 | $8 billion | ESPN |
Hard Rock International, a global hospitality and entertainment company, is known for its popular restaurants, hotels, and live events. However, Hard Rock is also involved in the sports betting space. With the global sports betting market projected to reach $203 billion and an expected CAGR of 8.83%, it’s no surprise that Hard Rock has jumped into this lucrative industry. In fact, the US sports betting market is expected to be worth $8 billion by 2025. Hard Rock has reportedly teamed up with various companies to take advantage of this growing market, including Bet365, Seminole Gaming, and GiG.
Resorts World (Genting)
| Total Market Size | $203 billion | Statista |
| Projected CAGR (2019-2024) | 8.62% | Mordor Intelligence |
| Online Revenue (2019) | $42.8 billion | H2 Gambling Capital |
| Major Players | Resorts World (Genting), MGM Resorts International, Caesars Entertainment Corp., William Hill Plc, Flutter Entertainment Plc, DraftKings Inc. | Transparency Market Research |
| US Legalized Sports Betting Market (2025) | $7.5 billion | ResearchAndMarkets.com |
Resorts World (Genting) is a major player in the sports betting space. Sports betting is a rapidly growing market with a total market size of $203 billion in 2019 and a projected CAGR of 8.62% from 2019 to 2024. The online revenue generated from sports betting in 2019 was $42.8 billion. In addition to Resorts World (Genting), other major players in the market include MGM Resorts International, Caesars Entertainment Corp., William Hill Plc, Flutter Entertainment Plc, and DraftKings Inc. According to Transparency Market Research, the US legalized sports betting market is projected to be worth $7.5 billion by 2025.
Circa Sports
| Statistic | Value | Reference |
|---|---|---|
| Annual sports betting revenue in the U.S. | $13 billion | Statista |
| Projected U.S. sports betting market size by 2023 | $8 billion | Business Insider |
| Number of states with legalized sports betting | 18 | ESPN |
Circa Sports is a sports betting company operating in the United States, where the market for sports betting is worth $13 billion annually and is expected to reach $8 billion by 2023. As of 2021, 18 states have legalized sports betting, with more states considering legalization. As a player in the sports betting spac, Circa Sports operates in a rapidly growing industry with significant potential for growth and expansion.
SuperBook
| Total Sports Betting Revenue in the US (2020) | $2.6 billion |
| Expected Sports Betting Revenue in the US (2025) | $8 billion |
| Global Sports Betting Market Size (2020) | $203 billion |
| Number of US States with Legalized Sports Betting | 30 |
SuperBook is a leading sports betting provider in the US market. With a rapidly growing sports betting industry in the US, SuperBook is poised for success with the company’s revenue on the rise. In 2020, the total sports betting revenue in the US was $2.6 billion, which is expected to increase to $8 billion by 2025. The global sports betting market size was valued at $203 billion as of 2020. To date, 30 US states have legalized sports betting, which paves the way for SuperBook’s growth and expansion in the industry.
BookMaker
| Statistic | Value | Reference |
|---|---|---|
| Global sports betting market size in 2020 | $203 billion | Business Wire |
| Expected market growth rate for sports betting industry from 2020-2024 | 9.03% | Business Wire |
| Estimated annual revenue for BookMaker in 2021 | $2.5 million | Sportsbook Review |
| Number of betting options regularly offered by BookMaker | 5,000+ | Sportsbook Review |
| Percentage of BookMaker’s customers who are from North America | 88% | Sportsbook Review |
BookMaker is a sports betting platform that offers more than 5,000 betting options on a regular basis. In 2021, they are expected to make $2.5 million in annual revenue. The majority of BookMaker’s customers, 88%, are from North America. This is not surprising given that the global sports betting market was valued at $203 billion in 2020, with a predicted 9.03% growth rate from 2020 to 2024.
BetOnline.
| Year | Total Revenue (in $ millions) |
| 2016 | 35.2 |
| 2017 | 45.4 |
| 2018 | 70.3 |
BetOnline is a company that offers sports betting services. As of 2018, they had a total revenue of 70.3 million dollars. They have experienced an increase in revenue over the past few years, with 35.2 million in 2016 and 45.4 million in 2017. Sport betting spac refers to the space in which sports betting companies operate. This industry has seen growth in recent years due to the increasing popularity and accessibility of sports betting. According to a report by Zion Market Research, the global sports betting market is expected to reach 155.49 billion dollars by 2024.