Jefferies analyst David Katz said a July 7 note put Flutter/FanDuel’s New York gross gaming revenue share at 47%, against DraftKings’ 36%. He cited growth rates of 27% for Flutter and 45% for DraftKings, while describing the promotional environment and margins as supportive of both companies’ shares.
The analyst’s figures compare the operators’ New York market positions and growth rates for investors.
Quarter ended 30 September 2026
Quarter ended 30 September 2026
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DraftKings chief executive Jason Robins said the operator was roughly level with FanDuel for US sports betting in the third quarter. DraftKings reported $13.9bn in sports consumer volume, including sportsbook and prediction-market activity, while Flutter reported about $12bn in US sportsbook handle; Citizens analysts put DraftKings ahead across 13 states and Washington, DC, in September, with 37.4% handle share against FanDuel’s 34.2%.
DraftKings was essentially tied with FanDuel for the sports betting industry’s top spot this quarter, chief executive Jason Robins said.
Flutter Entertainment chief executive Dan Taylor said on its 4 November earnings call that the company expects more clarity in the coming months on the economics of FanDuel Predicts. FanDuel recorded $119 million in trading volume in the third quarter; Flutter expects its market-making operation to generate $50 million in revenue and $40 million in adjusted EBITDA during 2026.
Bet365, FanDuel and Hard Rock are using AI features to provide bettors with game insights and help building wagers, according to the report. Eilers & Krejcik Gaming analyst Brad Allen said its app testing found Hard Rock’s AI insights well received, while feedback on FanDuel’s AceAI was mixed; the sample was too small to establish broader preferences.
Flutter announced a partnership with CME Group, and analysts discussed the implications for prediction markets, according to the report. Analysts said the products could present an opportunity for Flutter and DraftKings, while warning that regulated operators should consider relationships with regulators and existing partners. Fitch said a planned $525 million sale of non-gaming assets by Empire Resorts would be positive for its credit profile if completed.
Jefferies analyst David Katz said in an October 4 investor note that ESPN Bet was attracting customers from the ESPN audience and expanding the US online sports betting market. In a survey of 302 avid sports bettors, 32% used ESPN Bet and 92% of those users said it was their first sportsbook; Katz said product improvements would be needed to challenge FanDuel and DraftKings.