Washington DC sees sports betting revenue and handle fall in July
| By Robert Fletcher
Sports wagering revenue in Washington DC declined 10.0% month-on-month to $1.8m (£1.3m/€1.5m) in July after the district reported a 34.4% fall in handle of the month.
Revenue from Caesars Entertainment-owned William Hill, DC Lottery’s Gambet brand and BetMGM was down from $2.0m in June, while DC’s handle fell from $19.5m to $12.8m.
William Hill, which runs an online mobile sportsbook in DC and a retail sportsbook facility at the Capital One Arena, saw gross gaming revenue from sports betting decline 25.0% month-on-month to $1.2m.
The operator’s handle also dropped 36.3% from $15.7m in June to $10.0m.
Gambet, which is operated by the DC Lottery and powered by Intralot, ranked second with $432,726 in revenue, down 16.5% from June following a 35.3% drop in handle to $2.2m.