FanDuel leads Virginia's sports betting, followed by DraftKings

FanDuel has come out on the lead in the battle for sport gambling in Virginia with 53% of the market share, according to the numbers released by the Virginia Lottery on Wednesday.

The data, which showed the period of January to the end of March, showed DraftKings in second place, with 24% of the state’s market share. MGM was third with 14%, Caesars, which operates in the state under the William Hill brand, had 8% of the market, and BetRivers and Wynn had 1% or less of the market reports the Richmond Times-Dispatch.

Bally’s, Golden Nugget and Penn National, which operates under the Barstool Sports name, have also been authorized to take bets in the state but have not yet gone live.

The total amount wagered in the state during the first three months of the year was $628 million, with basketball being the most popular sport for bettors with $315 million of the total amount.

Football had a relatively small position in the market, most operators were live for the Super Bowl only.Soccer and tennis betting both attracted more than $40 million in wagers, about 7% of the overall market each. The least bet-on sport was professional darts, which garnered $9,508 in wagers during the period.

Olympics betting, which was initially banned, will be allowed this summer the lottery said since the new legislation has overturned the prior prohibition.