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William Hill DC handle dips in January, but stays ahead of Gambet

News

William Hill saw its sportsbook handle in Washington DC fall month-over-month in January, despite the operator rolling out a limited mobile offering during the month. 

Amounts wagered at the operator’s brick-and-mortar book at the city’s Capital One Arena, and via a mobile offering available in a two-block radius around the venue, fell 14.9% to $10.6m in January. 

Players won $8.7m during the month, leaving gross revenue of $1.9m. While this represented a rise in average hold percentage to 17.9%, the monthly total was down marginally compared to December. 

January’s figures take the total handle wagered via William Hill in DC’s fiscal year, which runs to 30 June, to $51.0m, and its total gross revenue to $9.2m. 

This means it continued to outperform the DC Lottery’s Intralot-powered Gambet mobile app, which is available citywide.

In January, Gambet handled $5.2m in customer wagers, a 21.1% improvement on December’s $4.3m total.

Customers won back $4.3m, which suggests Gambet generated gross revenue of $913,384 in January. This again showed month-over-month growth, of 13.2%

For the fiscal year to date, Gambet continues to lag far behind William Hill. Since July 1 customers have staked $17.5m via the app, winning $14.1m, for gross revenue of $3.4m.