Washington DC sports betting handle drops in April

Washington DC’s sports betting handle decreased 21.2 per cent year-on-year.

US.- Washington DC’s sports betting handle was $14.5m in April, down 21.2 per cent from $18.4m in April 2022 and down 19.9 per cent from the $18.1m wagered in March this year. Gross gaming revenue was $1.3m, down 7.1 per cent year-on-year and 43.4 per cent from April.

Gambet, run by the DC Lottery and powered by Intralot, led the market with $626,273 in revenue from a $5.7m handle. Caesars Entertainment registered $524,245 in revenue from $4.6m in wagers. BetMGM recorded $138,784 in revenue from $2.5m in bets. FanDuel, which runs a retail sportsbook at Audi Field, took $684,884 in wagers but posted a loss of $25,773.

Grand Central Bar and partner Elys Game Technology generated $60,612 in revenue from a $385,864 handle. Cloakbook, a joint venture between Cloakroom DC and Elys, registered $503 in revenue and an $8,995 handle.

Elys Game Technology to operate sportsbook at The Ugly Mug

Earlier this year, the sports betting supplier Elys Game Technology signed a deal to operate a sportsbook at The Ugly Mug, a restaurant and bar in Washington DC. The Ugly Mug is located 10 blocks from Nationals Stadium and near Capitol Hill.

Elys executive chairman Michele Ciavarella said: “We are delighted to partner with Gaynor Jablonski and his team to operate a sportsbook at The Ugly Mug restaurant and bar conveniently located only blocks from Nationals Stadium in Washington, DC.