The combined market cap of the top 25 listed gambling companies now stands at $207bn, down sharply from $275bn in early January. Allwyn & Bally's Intralot are new entrants, with online specialists Flutter, DraftKings and Entain having tumbled in the rankings over last 12 months.

The combined market cap of the top 25 listed gambling companies now stands at $263bn, down from $287bn in October. Betway owner Super Group and Philippines-listed DigiPlus are new entrants, with OPAP, Sportradar and Lottomatica climbing strongly in the last five months.

In-play has overtaken pre-match betting in Illinois on a TTM revenue basis for the first time, underlining the importance of live betting product following the acquisitions of pricing specialists Angstrom, Simplebet and ZeroFlucs by Entain, DraftKings and Caesars respectively.

New Jersey online casino operators overtook their land-based equivalents in revenue terms for the first time (outside of pandemic era shutdowns) in October and have driven more than half of state-wide gaming and betting tax of $560.7m in the YTD.

Early October data reports show that Fanatics is making a strong play for podium positions in its U.S. online sports betting state markets. Fanatics captured third place in the massive New York OSB market and settled marginally behind 3rd-placed BetMGM in Maryland during October.

Super Group/Betway continues to shoot the lights out in Africa. In 2023 their South African revenue jumped by 75% to €317.3m or more than 76.5% of Betway’s African total, with revenue from fixed-odds contingencies (casino games operated under betting licences) +253% to €217.6m.

Another quick update to this chart - the combined market cap of the top 25 is $287bn, up from $264bn in Jul-24 and $278bn in Sep-23. Galaxy Entertainment and Wynn Resorts rise one place to 4th and 8th respectively amid recent Chinese stimulus boost and Flutter soars past $40bn.

This was one of the more striking slides from Flutter's investor day presentation yesterday. The UK&I margins refer to horse racing only (the gap isn't as wide in betting overall).

draftkings.co.uk/draftkings-… DraftKings' acquisition of in-play micromarket specialist Simplebet comes after the operator has already signalled a focus on in-play differentiation, having moved above FanDuel in terms of in-play hold rates in Illinois so far this year.

No mention at all of Germany during Entain's H1 earnings call, which may be a first.

French market leader Betclic grew online sports betting revenue by 57% YoY to more than €300m in Q2. Betclic doesn't disclose margin data but operates in markets (France, Portugal, Poland) where the national teams mostly failed to win their Euro 2024 matches in normal time.

bet365 emerged as the clear number three in Ohio online sports-betting in the first half of 2024, albeit a long way back from FanDuel and DraftKings. ESPN Bet shedded further share in Q2 after coming back to earth in Q1 following a promotionally inflated debut in Nov/Dec 2023.

Here's another update to this list of the top 25 gambling companies by market cap. The combined market cap of the top 25 is $264bn, down from $278bn in Sep-23. Newly U.S.-listed Flutter is the new number one, with Aristocrat leaping from 5th to 3rd and Lottomatica a new entrant.

Here's another update to this list of the top 25 gambling companies by market cap. The combined market cap of the top 25 is $264bn, down from $278bn in Sep-23. Newly U.S.-listed Flutter is the new number one, with Aristocrat leaping from 5th to 3rd and Lottomatica a new entrant.

...while IGB data suggests that DraftKings has been the primary driver of this phenomenon at operator level.

The hold differential between in-play and pre-match bets in the Illinois OSB market has narrowed to just 0.3 % points as of the Y/E April 2024. Inflation in in-play margins has taken hold since the rollout of live same game parlay products from the start of the 2022 NFL season.