DraftKings Forecasts $22 Billion in Handle in Mature Online U.S. Betting Market

DraftKings Forecasts $22 Billion in Handle in Mature Online U.S. Betting Market

DraftKings said on Tuesday that it’s their belief that the online sports gambling market, at full maturity, would gross in between $22 billion and $24 billion annually in the United States.

At 20-to-30 percent market share, DraftKings says it could gross $2.9 billion to $4.3 billion a year.

DraftKings released the numbers as part of their virtual Investor Day on Tuesday.

Fifteen states currently offer online sports gambling, representing 27 percent of the population.

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