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DC sports betting revenue reaches record $4.4m in November


Sports betting revenue in Washington DC amounted to a record $4.4m 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.

The Caesars sportsbook was previously operated by William Hill but rebranded after Caesars acquired the UK-based operator in April this year.

Gambet, operated by the DC Lottery and powered by Intralot, ranked second with $1.1m in revenue and handle of $5.2m.

BetMGM, which is active in DC via a partnership with Major League Baseball franchise the Washington Nationals, saw revenue reach $256,418 after processing $1.8m in wagers.

Grand Central Restaurant, Bar and Sportsbook, which launched in the market the start of October in partnership with Elys Game Technology, posted $67,075 from a handle of $494,998.