DC sports betting revenue falls 10% in July

Sports betting revenue in Washington DC totalled $1.8m in July, 10 per cent lower than June after a 34.4 per cent fall in handle.

US.- Sports betting revenue in Washington DC fell 10 per cent month-on-month in July. The sector generated $1.8m, from a handle that was down 34.4 per cent month-on-month to $12.8m.

William Hill posted a 25 per cent decline in revenue for its online operation and its retail sportsbook at the Capital One Arena. The operator raked $1.2m, with its handle down 36.3 per cent, from $15.6m to $10m.

DC Lottery-operated Gambet came second with $432,726 in revenue, down 16.5 per cent month-on-month. Its handle fell 35.3 per cent to $2.2m.

BetMGM was the only operator to post higher figures than June’s, but it only launched on June 11. It posted $148,796 in revenue, up 82.1 per cent month-on-month. The operator, which is the official partner of the Washington Nationals MLB team, hopes to continue growing in the state.