Sports Betting
District of Columbia
In the first full month with four leading sportsbooks operating district-wide, D.C. took a record $39.6 million in sports wagers.
The latest revenue numbers from the D.C. Lottery and the Office of Lottery and Gaming (OLG)reported the new monthly handle for August. That eclipses the former high of $35.4 reported in FanDuel’sfirst full month as the lottery’s official sportsbook partner in May.
D.C.’s combined gross sports betting revenue between its four district-wide online operators was $4.4 million in August, around $1 million short of the $5.4 million collected in May.
In July, when D.C. opened up its market to other operators, FanDuel transitioned to a Class A licensee via a partnership with D.C.’s Audi Field, home of MLS club DC United at which it has a retail sportsbook. The Flutter-owned brand took more than half of the total betting activity last month, handling $21.7 million of wagers and reaping nearly $2.8 million with a 12.7% hold.