But US bettors have plenty of ways to bet on elections. Meanwhile, in its Investors Day presentation, DraftKings highlighted its GGR share, which may lead FanDuel’s chief rival to lobby against the release of NGR numbers.Įlection betting is off-limits at legal US sportsbooks.
As Edgecliffe-Johnson noted, just nine states release NGR numbers. The main reason is convenience, as they are metrics that virtually every state releases. GGR (and handle) have long been used to rank US online gambling operators. Our NGR share in sportsbook is 50% more than DraftKings. “And I think that demonstrates our strength. So, 47% NGR for us, which is up 5% year-on-year.Īnd it's good that now we've got nine states that are publishing that, and we are encouraging the rest of the states to do the same because I think that's really the metric that matters. “NGR, we think, is the right metric to look at because that does take account of generosity coming through.
During its Q3 earnings call, Flutter (FanDuel) CFO Paul Edgecliffe-Johnson brushed off questions about the company’s chief rival, DraftKings, overtaking FanDuel in the US, calling gross gaming revenue numbers inflated and a poor metric to use.ĭuring the Q3 earnings call, Edgecliffe-Johnson said:
