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Washington DC sees sports betting revenue and handle fall in July


Sports wagering revenue in Washington DC declined 10.0% month-on-month to $1.8m in July after the district reported a 34.4% fall in handle of the month.

Revenue from Caesars Entertainment-owned William Hill, DC Lottery’s Gambet brand and BetMGM was down from $2.0m in June, while DC’s handle fell from $19.5m to $12.8m.

William Hill, which runs an online mobile sportsbook in DC and a retail sportsbook facility at the Capital One Arena, saw gross gaming revenue from sports betting decline 25.0% month-on-month to $1.2m.

The operator’s handle also dropped 36.3% from $15.7m in June to $10.0m.

Gambet, which is operated by the DC Lottery and powered by Intralot, ranked second with $432,726 in revenue, down 16.5% from June following a 35.3% drop in handle to $2.2m.

Elsewhere, BetMGM saw its first full month of operations in the district herald $148,796 in gross gaming revenue. This was 82.1% higher than in June, though the operator only went live in DC on June 11.

BetMGM, which is active in the district via partnership with the Washington Nationals Major League Baseball team, processed $643,497 in sports bets during the month.