FanDuel Receives Top Spot for Sportsbook of the Year from American Gambling Awards
FanDuel gets the premier online sportsbook of the year award for the third consecutive time at the American Gambling Awards. FanDuel has been quite active this year, coming into different partnerships and launching a new feature named The Pulse, allowing members to wager using a cool narrative format.
FanDuel has once again proven its dominance in the sports betting arena, earning the prestigious title of Online Sportsbook of the Year at the American Gambling Awards for the third consecutive year. This accolade reflects FanDuel's sustained leadership and innovation in the industry, standing out in a competitive field of sports betting giants. The New York-based company also celebrated another major win this year with CEO Amy Howe being recognized as the C-Suite Executive of the Year by the Gambling.com Group, which organizes the annual awards.
To honor the 2024 winners, judges, and guests, Gambling.com Group will host an exclusive VIP dinner at Torrisi, a Michelin-starred restaurant in New York, on the 21st of November. The event celebrates the achievements of those pushing the US online gambling industry forward.
FanDuel's strategic partnerships and innovations lead to further growth
FanDuel's continued success can be attributed to its robust partnerships and customer-focused innovations. This year, the company introduced a new feature, The Pulse, designed to elevate the fan experience. The Pulse tracks pivotal sports storylines and offers bettors targeted betting opportunities in a narrative format. By integrating The Pulse with FanDuel's Same Game Parlay product, the company has boosted live same-game parlay usage by 15%, allowing fans to place bets on specific, real-time game developments.
FanDuel's partnerships with major sports organizations have also driven considerable growth. Notably, a recent collaboration with the NFL along with YouTube TV led to a high-profile promotion that offered fans betting $5 a discount on NFL Sunday Ticket. This initiative helped FanDuel achieve its best start to an NFL season, marking a 37% increase in new customers compared to last year. The company also reported a remarkable year-over-year increase, with the total handle more than double the amount and the total bet count soaring by a whopping 163.4%.
Furthermore, FanDuel's role as the official sportsbook partner of the WNBA showcases its commitment to enhancing the sports betting experience across leagues and demographics. By emphasizing user engagement and offering compelling betting experiences, FanDuel continues to “make every moment more” for its fans.
A remarkable achievement for FanDuel
FanDuel's third consecutive win as Online Sportsbook of the Year demonstrates its ability to innovate and enhance customer engagement in a highly competitive market. Karol Corcoran, FanDuel Sportsbook's general manager, expressed the company's pride in this recognition, stating, "We are honored to be named Online Sportsbook of the Year for the third straight year. Our focus remains on offering our customers the best sports betting experience and continuously enhancing how fans interact with their favorite teams and athletes."
Charles Gillespie, co-founder and CEO of Gambling.com Group, congratulated Amy Howe and the FanDuel team on their remarkable achievements. FanDuel's ability to maintain its top position in such a competitive category speaks volumes about their consistency in execution, innovation, and customer experience, Gillespie stated. "Features like The Pulse have transformed how fans engage with sports betting, and their strategic partnerships with the NFL and NBA have driven impressive growth." He adds that FanDuel sets the standard in customer engagement and product development for the industry.
Celebrating excellence in the US online gambling market
The American Gambling Awards, launched by the Gambling.com Group in 2019, honors the standout companies, executives, and products shaping the regulated online gaming sector in the US. Winners in each category are awarded the Golden Eagle trophy as a symbol of their impact on the industry. This year's winners were selected by a distinguished panel of judges, with categories reflecting excellence across a range of sectors within online gambling.
The 12 award categories for 2024 included Online Casino of the Year, Gaming Product of the Year, Betting Product of the Year, Online Sportsbook of the Year, Platform Provider of the Year, Data Service Provider of the Year, Payment Service Provider of the Year, Responsible Gaming Award, Dealmaker of the Year, Policymaker of the Year, Regulator of the Year, and C-Suite Executive of the Year.
FanDuel's impressive performance in 2024 strengthens its position as a market leader in the online sports betting industry. As the company continues to expand its offerings, it remains a powerful force shaping the future of sports betting experiences in the USA.