Since 2012, DraftKings has operated as a platform for daily fantasy sports, which many states legally define as a permissible “game of skill,” though some outlaw it as gambling.
The Sportsbook launches have brought in a flood of big-ticket transactions predominantly coming from new customers, rather than players crossing over from their daily fantasy sports products. In response, daily fantasy sports platforms DraftKings and FanDuel have each introduced online Sportsbook products, allowing players physically located in New Jersey-resident or otherwise-to place wagers on professional sporting events. Last May’s Supreme Court ruling has been a game changer for sports betting, which is now legal in the great state of New Jersey. As a result of this panel change, however, we recommend using only the latest posts in assessing metrics, and do not support referring to historical blog posts to infer period-over-period comparisons.
Our data continues to be broadly representative of U.S. NOTE: Bloomberg Second Measure launched a new and exclusive transaction dataset in July 2022.
