Sports betting

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.

Read the full story on iGB North America

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