Mobile betting and iGaming legislation could see significant momentum in 2025, according to DraftKings CEO Jason Robins, following a relatively quiet 2024 due to election year constraints.

Speaking at Craig-Hallum's 4th Annual Online Gaming conference, Robins expressed optimism about potential legislative developments, particularly regarding iGaming expansion.

Currently, only seven states permit iGaming: Connecticut, Delaware, Michigan, New Jersey, Pennsylvania, Rhode Island, and West Virginia. While 2024 saw Missouri join the online sports betting market through a successful ballot initiative, no new states approved iGaming.

Looking ahead to 2025, New York and Illinois emerge as potential candidates for iGaming legislation. For sports betting, Minnesota presents a promising opportunity, though tribal gaming compacts add complexity to the process.

The US online sports betting market remains dominated by FanDuel and DraftKings, who collectively control over 70% of the market. Despite this duopoly, Robins emphasized the importance of remaining vigilant about competition from smaller operators like BetMGM, Caesars Sportsbook, Fanatics, and Penn Entertainment's ESPN Bet.

"We have to earn [our position] with the customer every day," Robins noted, acknowledging the potential for market disruption while maintaining confidence in DraftKings' competitive edge.

With 39 states and Washington, DC now permitting some form of regulated sports betting, the focus shifts to expanding iGaming presence and maintaining market dominance in an increasingly competitive landscape.

Related Articles

Previous Articles