FanDuel once again Tops uS Sportsbook Operators In Q2 Earnings
FanDuel led all U.S. sportsbook operators in Q2 2025 with record earnings of $1.79 billion.
- DraftKings was second with $1.5 billion in earnings and $300 million in changed EBITDA, while BetMGM placed third with $692 million in income.
- FanDuel and DraftKings together generated almost 83% of the combined adjusted EBITDA among top U.S. online gaming companies.
FanDuel generated a second-quarter business record of more than $1.79 billion from its sportsbook and iCasino, moms and dad business Flutter Entertainment announced throughout the company's second-quarter profits results recently. It represented a 17% year-over-year boost from the second quarter of 2024.
DraftKings, FanDuel's everyday fantasy sports pioneer-turned online gaming market share rival, was 2nd among the six leading publicly traded online video gaming operators in revenue for Q2 2025. It reported $1.5 billion in earnings, likewise a second-quarter record for the company.
The two U.S. market share leaders attributed the success in part to "sportsbook-friendly" results between April and June. American bettors had uncommonly successful runs in October and December 2024 along with March 2025, a trend that ended this spring.
BetMGM finished third in the second quarter with $692 million in revenue. The joint online gaming venture between MGM Resorts and Europe-based Entain created $449 countless its Q2 profits for online casino video gaming, the just one of the top 3 earners to see more earnings from online casino video gaming than sports wagering.
FanDuel led with $507 million in earnings from online slots and table games, followed by BetMGM. DraftKings was 3rd with $430 million in iGaming revenue.
Other operators make gains
Caesars' digital platforms reported $343 million in Q2 income, helpful for fourth place.
FanDuel led all U.S. sportsbook operators in Q2 2025 with record earnings of $1.79 billion.
- DraftKings was second with $1.5 billion in earnings and $300 million in changed EBITDA, while BetMGM placed third with $692 million in income.
- FanDuel and DraftKings together generated almost 83% of the combined adjusted EBITDA among top U.S. online gaming companies.
FanDuel generated a second-quarter business record of more than $1.79 billion from its sportsbook and iCasino, moms and dad business Flutter Entertainment announced throughout the company's second-quarter profits results recently. It represented a 17% year-over-year boost from the second quarter of 2024.
DraftKings, FanDuel's everyday fantasy sports pioneer-turned online gaming market share rival, was 2nd among the six leading publicly traded online video gaming operators in revenue for Q2 2025. It reported $1.5 billion in earnings, likewise a second-quarter record for the company.
The two U.S. market share leaders attributed the success in part to "sportsbook-friendly" results between April and June. American bettors had uncommonly successful runs in October and December 2024 along with March 2025, a trend that ended this spring.
BetMGM finished third in the second quarter with $692 million in revenue. The joint online gaming venture between MGM Resorts and Europe-based Entain created $449 countless its Q2 profits for online casino video gaming, the just one of the top 3 earners to see more earnings from online casino video gaming than sports wagering.
FanDuel led with $507 million in earnings from online slots and table games, followed by BetMGM. DraftKings was 3rd with $430 million in iGaming revenue.
Other operators make gains
Caesars' digital platforms reported $343 million in Q2 income, helpful for fourth place.