Margins help DC Lottery close revenue gap with William Hill in February
| By Daniel O'Boyle
DC Lottery’s Gambet sports betting product closed the revenue gap with William Hill in the US capital, but this came mostly due to a decline in the latter’s margins.
The two operators combined to bring in $1.3m on bets worth $15.3m.
Gambet, operated by the DC Lottery and powered by Intralot, saw players place 124,362 wagers, worth a combined $4.2m, down 19.7% from January.
From these wagers, players won $3.6m, leaving $600,305 in revenue, down 25.6% month-on-month.