Washington, DC reports $16m sports betting handle for January
Washington, DC’s Office of Lottery and Gaming reported nearly $16 million in sports betting handle for January, down 20.7% year on year. GambetDC accounted for $7.2 million, while district-wide sports betting revenue rose almost 30% to $1.9 million. The City Council was considering changes to the mobile betting market as GambetDC’s platform contract approached its July expiry.
Operators’ reported handle and revenue offer a measure of market performance as the Council considers changes to mobile betting.