Online sports books held 10.4% in March, resulting in a 30.5% surge in revenue. The books won US$62 million on handle of US$595.2 million, a 3.8% uptick.
Handle and hold were led by FanDuel. It won US$28.4 million on wagering of US$233.6 million. It also held the most tightly, with 12.1%.
Fanatics Sportsbook placed third with US$4.5 million, on handle of US$50.9 million. BetMGM followed with US$4.1 million in revenue off handle of US$43 million. Fanatics held 8.8% to BetMGM’s 9.6%.
Despite a 9.4% hold, Caesars Sportsbook grossed US$2 million. Its handle share was US$21.7 million. TheScore Bet had revenue of US$1.2 million on US$11.2 million.
