Mar 2, 2023

2023 State of the Sportsbook: Media Scoreboard on Innovation

When it comes to the most innovative operator, it's FanDuel and everyone else.

HPL Digital Sport conducted the first ever survey and industry snapshot that showcases the opinions of the journalists covering the sports betting industry, as well as some of the most respected consultants and analysts in the category.

When it comes to innovation, the media says it's FanDuel, and everyone else. While newcomer, Fanatics, claims the top spot of new operators to watch.

Click here to download the report

2023 State of the Sportsbook

2023 State of the Sportsbook: Media Scoreboard on Innovation
March 2023

There has never been an independent study utilizing the opinions of...

...the journalists and writers covering the sports betting and gaming industry... Until Now. Key Findings Show:

1. When it comes to the most innovative operator, it's FanDuel and everyone else.

2. According to the media surveyed, 2023 is Fanatics' year to lose.

3. In the eyes of the media, user experience & engagement were seen as the most important when defining innovation - and most important to success.

4. In-play betting has the attention of the media as the innovation criteria most likely to gain momentum in 2023.

%
"FanDuel has been the leader because they do well what was necessary these past few years in order to attract users – easy user experience (UX) overall and amazing promos. Once the promos tail off and other operators catch up and have just as good UX, they will lose some of this unique appeal. However, FanDuel does control a sizable part of the market and that won’t just go away overnight."

%
"Fanatics is the big, sexy news and will probably make waves because of the brand, huge audience and capital they have available. However, it doesn’t mean that this company will be the winner when everything shakes out. Execution is not easy. Many brands have already come and gone in a very nascent market. We’ll see how they look in 18 months."

%
"FanDuel has been the leader because they do well what was necessary these past few years in order to attract users – easy user experience (UX) overall and amazing promos. Once the promos tail off and other operators catch up and have just as good UX, they will lose some of this unique appeal. However, FanDuel does control a sizable part of the market and that won’t just go away overnight."

%
"It will always come back to product, product, product, in the end."

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