Caesars Entertainment remained the leader in the Washington DC sports betting sector in September, while it was revealed revenue and handle in the market fell year-on-year.
Spending on sports betting in September amounted to $14.5m, down 25.3% from $19.4m wagered in Washington DC last year. However, this total was 79.0% ahead of $8.1m in August of this year.
In terms of gross gaming revenue, this reached $1.9m. Revenue was 47.2% down from the same month last year but 90.0% ahead of August 2023’s total.
Caesars leads over Gambet in Washington DC
Having taken the lead in Washington DC in August, Caesars kept its place at the front of the market. The operator posted $867,672 in revenue from $5.3m in sports bets.
Gambet, run by the DC Lottery and powered by Intralot, was again second with $588,203 off $5.2m in wagers.
BetMGM was next with $285,127 in revenue and a $2.7m handle. Flutter Entertainment’s FanDuel followed on $128,831 from a total spend of $556,671.
Grand Central and partner Elys Game Technology posted revenue of $98,930 off a $713,916 handle. Propping up the market was Cloakbook, which reported a loss of $34,501 from $55,792 in bets.