Washington DC sports betting handle slumps to $7.7m in July
Monthly handle was some way behind the $11.3m wagered in July 2022. The figure was also 31.3% less than $11.2m in June of this year.
However, there was better news in terms of gross gaming revenue. In July, revenue in DC hit $1.4m, up 16.7% from $1.2m last year and 188.3% ahead of June’s $484,672 total.
Gambet back on top in DC
Gambet, run by the DC Lottery and powered by Intralot, reclaimed top spot in the market in July. The brand posted $486,970 in revenue from $3.1m in total wagers.
Caesars Entertainment, which led the market in June, placed second with betting revenue of $435,049 and a $2.7m handle.
BetMGM was next with $318,222 from $1.2m in bets, then Grand Central Bar, partnered with Elys Game Technology, on $137,458 off $329,694.
FanDuel, which operates a retail sportsbook at Audi Field, posted revenue of $17,790 from a handle of $327,304. Cloakbook rounded off the market with $627 in revenue from $11,272 in wagers.