Following a large increase in sports betting activity for June, Washington D.C. sports betting saw a 34.4% decrease in handle for July.
July’s total sports betting handle was $12,808,240, down 34.4% from June’s $19.5 million. The two national operators, Caesars and BetMGM, combined for $10.7 million, while GambetDC accounted for $2.1 million.
June was the first month BetMGM Sportsbook was included in the non-Gambet books, joining Caesars Sportsbook.
The July online sports betting non-Gambet gross gaming revenue was $1.4 million, down 18.2% from June’s $1.7 million.
July revenue for Gambet was $432,726, down 16.5% from June’s $517,990.
Sports betting tax revenue for July (non-Gambet) came in at $136,902, down 18.2% from June’s $167,350.
BetMGM and Nationals Park
The BetMGM Sportsbook debuted at Nationals Park on June 10. With the launch, BetMGM went live with its sports betting app which is within a two-block radius of Nationals Park, giving players another MLB betting option.
A new retail sportsbook is expected to open later this summer. It will be located outside the centerfield gate at Nationals Park and will take bets year-round.
William Hill Rebrands To Caesars
Capital One Arena opened the William Hill Sportsbook in late May, but with William Hill undergoing a brand change to Caesars, the sportsbook and the sportsbook app have been rebranded to Caesars from William Hill.
Capital One Arena is where the Washington Wizards and Washington Capitals play their home games. The arena debuted the sportsbook in late May. Players are also eligible to place bets on the Caesars app while inside the arena and in a two-block radius around the facility.
William Hill opened a temporary sportsbook in the arena last August, the first sportsbook in a professional sports venue in the U.S. It was in the arena’s ticket box office area before the permanent one was built.
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First published on: Gambling.com
