DraftKings and FanDuel are in a league of their own with no other sports betting operators close, Barry Jonas of Truist said in a Tuesday note.

The two leaders hold a combined ~73% handle share through April in 2024, compared to 72% for all of 2023. FanDuel, at 38% share, maintains its lead over DraftKings at 36% handle share.

The report then jumps to ‘tier three’ for the next batch of operators, which included BetMGM, Caesars and Penn‘s ESPN Bet.

“Note that we skipped ‘tier two’ – we don’t think any operator in the space qualifies for that standing with white space between DKNG/FanDuel and others,” Jonas said.

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