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00:00Okay, let's get to the very latest on sports betting handle share, and this is from quarter
00:07three.
00:08Let's take a look here.
00:09And Sam, I know you sent this out yesterday on social media, DraftKings and FanDuel still
00:13very much at the top, FanDuel a little up, DraftKings a little down.
00:18I guess to me, it would be super concerning for ESPN bet, the fact that they're only at
00:222% market share here.
00:24But I guess there's good news in the silver lining that they're up 1.2% in the third quarter.
00:29But my gosh, like they have, I would think that they've got to get higher than this in
00:332025.
00:34Yeah, it all depends how you look at it, how you want to spin it.
00:38On the one hand, ESPN bet only had 2%, which was five among all operators.
00:42But on the other hand, they doubled it from the previous quarter, which probably comes
00:47because they just launched in New York.
00:49So they've expanded their market, expanded the people that they're now catering to.
00:54Now we're going to, they're probably going to hope to see the bets follow that along.
00:57My big takeaway here was the DraftKings had 40% last quarter, which is pretty, you know,
01:02it's usually FanDuel who's leading the way and it's usually not 40%.
01:05It's usually closer to 38, 37, that neck and neck.
01:08But they're already kind of losing ground here as we see the NBA season get underway.
01:13FanDuel actually talked about this in the last earnings call that while we might have
01:17lost some ground to DraftKings in the first quarter, our NBA product is superior and we're
01:21going to make up for it.
01:22And we're already seeing that play out.
01:24We've also seen DraftKings talk about the need to, hey, we did so great with the dominance
01:28in football.
01:29Now we need to see it translate over to the NBA.
01:31So I think this could result in some more experiments, some more offerings for people
01:35who like to bet the NBA, whether it's DraftKings and FanDuel as that kind of becomes the latest
01:39battleground sport between the two top companies here.