Gaming - FanDuel maintains strong leadership position in New Jersey

Davy Research
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While seasonal variations remain hard to decipher, online gambling data for New Jersey (NJ) in April appear encouraging. Wagering declined 17% following the busy month of March but arguably not by as much as expected. Cross-sell into Casino also continues at pace. Other emerging trends – online c.80% of market and market leading operators – are similar to previous months. In relation to the latter, FanDuel enjoyed 53% of the online market (57% including retail), confirming its undisputed leadership position. William Hill related operators had c.16% share.