FanDuel once again Tops United States Sportsbook Operators In Q2 Earnings

FanDuel led all U.S. sportsbook operators in Q2 2025 with record revenue of $1.79 billion.


- DraftKings was second with $1.5 billion in income and $300 million in changed EBITDA, while BetMGM put 3rd with $692 million in earnings.


- FanDuel and DraftKings together generated nearly 83% of the combined adjusted EBITDA among leading U.S. online gaming business.


FanDuel produced a second-quarter business record of more than $1.79 billion from its sportsbook and iCasino, parent business Flutter Entertainment announced throughout the company's second-quarter revenues outcomes last week. It represented a 17% year-over-year boost from the 2nd quarter of 2024.


DraftKings, FanDuel's everyday fantasy sports pioneer-turned online video gaming market share competitor, was 2nd amongst the 6 leading publicly traded online gaming operators in revenue for Q2 2025. It reported $1.5 billion in profits, likewise a second-quarter record for the business.


The 2 U.S. market share leaders attributed the success in part to "sportsbook-friendly" outcomes in between April and June. American bettors had unusually successful runs in October and December 2024 as well as March 2025, a trend that ended this spring.


BetMGM ended up third in the second quarter with $692 million in revenue. The joint online video gaming endeavor in between MGM Resorts and Europe-based Entain generated $449 million of its Q2 revenue for online casino video gaming, the just one of the top three earners to see more income from online gambling establishment video gaming than sports wagering.


FanDuel led with $507 million in income from online slots and table games, followed by BetMGM. DraftKings was third with $430 million in iGaming profits.


Other operators make gains


Caesars' digital platforms reported $343 million in Q2 earnings, great for fourth place.