DC sports betting revenue reaches record $4.4m in November
| By Robert Fletcher
Sports betting revenue in Washington DC amounted to a record $4.4m (£3.3m/€3.9m) in November, while data released by the DC Lottery also revealed a year-on-year rise in handle.
Combined customer spend across Caesars Entertainment, DC Lottery’s Gambet brand, BetMGM and Grand Central amounted to $21.4m in November, up 21.6% from $17.6m in the same month last year, but down 18.6% from the record $26.3m in October this year.
Revenue was up 22.2% year-on-year from $3.6m in November 2020, with this amount also 175.0% higher than $1.6m in October this year.
Caesars, which has an online mobile sportsbook and a retail sportsbook at the Capital One Arena, remained the clear market leader in DC with $3.0m in revenue off a handle of $13.9m.