online and mobile sports wagering,<\/a> with more than 80 percent of bets placed in the Garden State in any given month going through computers or smartphones. But other states are experiencing growth on this frontier, too.<\/p>\nIndiana and Pennsylvania are examples of two states beyond New Jersey where mobile betting is taking off.<\/p>\n
\u201cFOX Bet Pennsylvania has had 2% more app downloads vs. Fox Bet New Jersey since its Sept. ’19 launch, and 17% more year-to-date\/15% more over the past four weeks,\u201d said Morgan Stanley.<\/p>\n
The bank calls this a \u201cpositive\u201d for the Keystone State, because sports betting revenue there currently resides around just 75 percent of that in neighboring New Jersey.<\/p>\n
Morgan Stanley noted that by 2025, Indiana’s sports wagering market could be worth close to $300 million, while Massachusetts and Virginia could check in at $338 million and $212 million, respectively, assuming the latter two legalize sports betting and proceed to approve online\/mobile<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"Led by DraftKings and FanDuel, downloads of mobile sports betting applications in the US jumped 84 percent on a year-over-year basis last month, according to a new research report from Morgan Stanley. The bank specifically analyzed the period following the Super Bowl played on Feb. 2 and leading up to the NCAA Tournament, which starts […]<\/p>\n","protected":false},"author":46,"featured_media":129133,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20,1074],"tags":[],"acf":[],"yoast_head":"\n
DraftKings, FanDuel Top Market for February Sports App Downloads<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n