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William Hill sees marginal DC betting revenue growth in November


Both William Hill’s sportsbook at Washington DC’s Capital One Arena and the DC Lottery’s Gambet app saw stakes dip – though revenue increase – in November.

Handle for William Hill’s temporary facility was down 4.6% from October’s total, at $13.7m, though prizes and payouts also declined, to $11.0m. 

This meant that revenue grew marginally compared to the prior month, rising 0.4% to $2.72m, with $272,852.18 of this sum returned to the city as tax. 

This takes amounts wagered via the location to $49.4m since it opened in July this year, with players winning $41.2m, for revenue of $8.2m. Washington DC has generated tax revenue of $817,870.67 from William Hill over this period. 

It also left the operator further ahead of the Intralot-powered DC Lottery’s Gambet app, which much like William Hill, reported a month-over-month decline in amounts wagered, but a marginal increase in revenue, for November. 

Gambet stakes declined 6.7% from October to $3.9m, with players winning $3.0m. This suggested it generated revenue of $882,678.04, up 0.1% from October. 

Having launched in May, Gambet has taken $14.4m in wagers, with customers winning back $11.8m. This would leave gross revenue of $2.7m since launch.