Month: July 2024

U.S. iGaming Market Projects $7.3B Revenue in 2024, Led by FanDuel, DraftKings, BetMGM

Eilers & Krejcik Gaming (EKG), supported by data from Fantini Research, has released a new report detailing the performance of online sports betting and gambling operators in the United States for the first quarter of 2024. The report includes data from 28 casinos across six states, representing approximately 64% of the U.S. iGaming market. This broad data pool enables EKG to project that gross gaming revenue from U.S. iGaming will reach an estimated $7.3 billion in 2024, a rise from $6.5 billion in 2023.

According to the report, the first quarter of 2024 saw online casino brands reporting gross gaming revenue of $2 billion dollars, up significantly from $1.5 billion during the same period last year. This growth is attributed to the strong performance…