Browse articles by topic

BetMGM launch helps push DC betting revenue and handle up in June

News

The rollout of BetMGM in Washington DC helped drive sports betting revenue and handle in the US district up month-on-month in June.

Overall revenue from William Hill, DC Lottery’s Gambet brand and BetMGM for the month amounted to $2.2m, up 10.0% from $2.0m in May, while DC’s handle also increased 42.3% to $19.5m.

William Hill, which runs an online mobile sportsbook and also has a physical location at the Capital One Arena, remained by far the market leader in DC. The operator posted $1.6m in revenue in June, up 23.1% from $1.3m in May.

William Hill also saw its handle climb 48.1% month-on-month to $15.7m.

Gambet, which is operated by the DC Lottery and powered by Intralot, ranked second with $517,990 in revenue, though this was down 18.7% from $637,400 in May. However, handle was 13.4% higher at $3.4m.

BetMGM joined the DC market in the middle of June, launching in the district in partnership with the Washington Nationals Major League Baseball (MLB) team.

In the period from going live on June 11 through to the end of the month, BetMGM turned a revenue of $81,700 and took $376,662 in bets.