Browse articles by topic

DC sports betting revenue reaches $142,279 in July


The DC Lottery has revealed that sports wagering revenue in Washington D.C in July amounted to $142,279, after handle for the month rose to $741,450.

The revenue figure was the highest monthly amount since the state opened its legal sports betting market in May this year, with the July total representing a 284.8% rise on the $36,985 recorded in June.

Player spending was also up 231.4% from $186,745 in June, while consumers won a total of $599,220, compared to $186,744 in the previous month.

Some 28,075 sports wagers were placed in Washington D.C. in July, almost three times as many in June (9,974).

Since the market opened in May, players have wagered $974,953 on sports and won $795,927, resulting in a year-to-date revenue of $179,026. Some 38,491 were placed during the first few months of the market opening.

The DC Lottery launched its online sports betting platform in late May. Developed in partnership with Intralot, Gambet DC was due to launch in March, but this was pushed back due to the novel coronavirus (Covid-19) crisis.

Players can register for an account via the Gambet website and place wagers on all major sports contests and collegiate sports, with the exception of events featuring college teams located in the US capital.

Gambet is the only sportsbook available across the city, though DC’s sporting arenas can offer retail betting, and mobile wagering within a two-block radius of the venue. Small businesses such as bars are also permitted to offer betting, per legislation passed in 2019.