The DC Sports Betting Market Rebounded in August with $13.1 Million in Handle
In August, player spending in the DC sports betting market was $13.1 million. It was 15.9 percent higher than the handle in July of $11.3 million. Also, it was 5.7 percent higher year-over-year.
According to pay per head bookie reports, gross gaming revenue from sportsbooks in August reached $1.8 million. It was higher than the $1.2 million in July. Also, it was 20 percent higher year-over-year.
Among sports betting operators in the district, Caesars was the leader with a handle of $5.7 million and revenue of $683,000.
DC Sports Betting Market
According to sports betting software reviews, Gambet is second with a handle of $3.4 million and revenue of $557,000. The DC Lottery operates Gambet. Also, Intralot powers the sports betting platform.
In third place is BetMGM. It operates in partnership with the Washington Nationals of the MLB. It has a handle of $2.5 million and a revenue of $362,000.
Then, FanDuel of Flutter Entertainment is in fourth place with a handle of $1 million and revenue of $170,000. In addition, it opened a FanDuel-marked retail sportsbook at Audi Field of DC United in July. Also, it was its first full month of operating in DC.
At last, Grand Central Restaurant, Bar, and Sportsbook had a handle of $450,000 and an income of $57,000. In addition, it offers sports betting through its partnership with Elys Game Technology.
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