While more operators are generating positive net revenue this NBA season as compared to NFL, the gross numbers at most sites are starting to trend downward according to the latest data from SuperLobby.com.
FanDuel can point to its recent exit from the New York market as a reason behind its 9 percent drop in entry fees received in all NBA contests last week, but DraftKings has no obvious culprit to blame for its 15 percent plunge in guaranteed games.
Both sites are still comfortably returning profits in the NBA vertical, though FanDuel’s has now fallen in consecutive weeks. DraftKings drop from about $1.93 million in net revenue in GPPs to about $1.56 last week was its first decline of the season.
*Note: All FanDuel data includes guaranteed contests and cash games; other sites’ figures include guaranteed contests only.
Among the smaller sites, the trends are similar. Yahoo has consistently generated a positive net revenue from guaranteed contests, and has been joined each of the last two weeks by FantasyAces. FantasyDraft—the No. 4 site measure by SuperLobby in terms of GPP liquidity—and DraftPot continue to inch closer to the break-even point in guaranteed contests.
|Operator||Total Entry Fees In ($)||Total Prizes Out ($)||Effective Rake %|
All data supplied by SuperLobby.com