The November U.S. Online Casino Monitor is now available. Nationwide iCasino GGR grew +29% y/y (T12M), with October landing at +27%. FanDuel widened its market-leading ~26% GGR share on accelerating UA strength (4Q25 app downloads +52% y/y), while DraftKings delivered a meaningful rebound, with est. 3Q25 U.S. NGR +25% amid reduced promo and growth in AMPs and ARPU. This month we break down Hard Rock’s new Playtech-powered Past product in Florida, assess Nevada’s early signaling on iCasino supplier exposure to sports prediction markets, and unpack Massachusetts’ recent iCasino hearing—which offers a preview of 2026 policy dynamics. We also update 3Q25 promo intensity estimates across major public operators (and reconcile with PA data) and spotlight October’s top-performing online titles and supplier share shifts.
