Daily Archives: July 21, 2023

DC sports betting handle falls again in June

Consumer spending on sports betting in Washington DC declined for the third consecutive month in June, while revenue also fell month-on-month.

Monthly handle amounted to $11.2m. This was down 10.4% from $12.5m in May this year and 18.8% lower than $13.8m in June 2022.

In terms of gross gaming revenue, this reached $484,672 in May. The total was 75.8% less than $2.0m in May and 51.5% behind $1.0m in Washington DC last year.

Ranking by revenue, Caesars Entertainment retained its grip on top spot in DC. The operator posted $256,861 in revenue from $3.0m in total bets.

Read the full story on iGB North America

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