DraftKings Takes Online Gambling Lead from FanDuel, Analyst Says

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DraftKings Inc., which has played second fiddle in online gambling to rival FanDuel in recent years, has taken the top spot in US market share, an analyst said.

The Boston-based company has gained share steadily since acquiring Golden Nugget Online Gaming last year, according to researcher Eilers & Krejcik Gaming. DraftKings garnered a 31% share of online US gross gambling revenue in the third quarter, passing FanDuel at 30%, Eilers said.