MGM, DraftKings Leading US iGaming Market
Portfolio Pulse from Chris Katje
MGM and DraftKings are leading the US iGaming market, with significant growth in online sports betting and iGaming revenues. BetMGM and DraftKings maintain strong market shares, while Penn National Gaming faces challenges.
April 21, 2021 | 9:56 pm
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NEGATIVE IMPACT
Penn National Gaming faces challenges with declining market share in online sports betting and iGaming, but plans for marketing and product improvements.
Penn National Gaming's market share has declined, but the company plans to implement marketing and product improvements to recover.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
DraftKings maintains a strong market share in online sports betting and iGaming, with expectations to achieve significant market share goals.
DraftKings is maintaining a strong position in the market, with expectations to achieve its market share goals, indicating positive growth prospects.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 85
POSITIVE IMPACT
MGM Resorts International, through its joint venture BetMGM, is a leader in the iGaming market with significant market share gains.
MGM, through BetMGM, has captured significant market share in the iGaming segment, indicating strong performance and potential for growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90