DraftKing’s online sports betting win catapulted 84.5% in July, reaching $12.4 million. Handle vaulted 44.9%, to $82.9 million. Hold was 14.9%, according to numbers released by the state on August 9. DraftKings is the sole provider in the state.
Hold was particularly tight on parlay bets, with DraftKings holding 23.2% of all monies wagered. Parlay win was $6.5 million, a 66.2% vault. Handle on parlays leapt 57.6% to $27.9%.
Wagering erupted exponentially on soccer, up 421.9% to 30% of handle or $24.7 million. Baseball equaled that handle share, rising 13.3%. Table tennis was also big, constituting 15% of handle, up 22.6%.
