Washington DC sports betting handle reaches record $35.4m in May

Date:

The sports betting handle increased by 183 per cent year-on-year.

US.- Washington DC’s sports betting handle was $35.4m in May, up 183 per cent compared to May 2023, establishing a new record for the District. Revenue was $5.4m, also a new high, and tax receipts reached $544,600.

FanDuel’s new sports betting app for the DC Lottery dominated the market, taking 84 per cent of Washington DC’s sports wagers. The DC Lottery saw wagers of $30.6m, with $29.7m coming through the new FanDuel app and $898,671 from the old GambetDC app. Caesars followed with $2.7m worth of wagers. BetMGM took $1.6m.

The Washington DC Council 2025 budget paved the way for a competitive online sports betting market ending FanDuel’s position as the only platform available citywide. The Budget Support Act, which still needs mayor Muriel Bowser’s signature and a passive 30-day congressional review, will allow BetMGM (Nationals Park) and Caesars Sportsbook (Capital One Arena) to expand their current offerings beyond their brick-and-mortar sportsbooks and respective exclusion zones.

Share post:

Popular

More like this
Related

Jets’ Aaron Rodgers talks awkward sideline exchange with Robert Saleh

There was a lot to like from the Jets...

Drake Maye reacts to making NFL debut in Patriots’ loss to Jets

Drake Maye reacts to making NFL debut in Patriots'...

What we learned in Pats-Jets: Unblocked rushers wreak havoc on Brissett

What we learned in Pats-Jets: Unblocked rushers wreak havoc...

Zoo admits that their pandas are ‘painted dogs’ after backlash from visitors

A Chinese zoo has admitted that the pandas in...