Sports betting revenue and handle in Washington DC fell month-on-month in November, as both the commercial sector and DC Lottery also reported a year-on-year decline in revenue.
Gross gaming revenue was down 40.9% from $4.4m in November 2021, which at the time was a record for the DC market, while this figure was also 16.1% behind the $3.1m that was generated in October 2022.
Caesars remains DC market leader
Caesars remained the market leader with $919,830 in revenue from $7.4m in total bets for the month.
Gambet, operated by the DC Lottery and powered by Intralot, placed second after posting $843,518 in revenue off a $6.6m handle.
Flutter Entertainment’s FanDuel, which runs a retail sportsbook at Major League Soccer team DC United’s Audi Field, was next with $$408,389 in revenue and a $1.9m handle.
BetMGM, which operates via a partnership with MLB team the Washington Nationals, followed with revenue of $384,554, despite taking more bets ($5.1m) than FanDuel.
Finally, Grand Central Bar, which offers sports betting in the district in partnership with Elys Game Technology, posted $85,402 in revenue off a $479,066 monthly handle.