FanDuel has gone live in Washington DC, as per The Office of Lottery and Gaming (OLG), with the app set to replace the former GambetDC app.
A transition to FanDuel at retail locations is also set to occur, with a phased approach scheduled to get underway by the end of the year. FanDuel’s contract with the District is currently for four years.
GambetDC stopped accepting wagers on April 15, with users having until October 15 to withdraw their funds from the platform.
Due to the District being home to several significant political locations, access to the app is set to be restricted across locations on federal land. This will include the White House, Capitol, Congressional office buildings and Rock Creek Park among others.
FanDuel intends to bring DC a minimum of $5m in tax revenue between July 2024 and July 2025, with goals to double this the following year. FanDuel aims to generate a total of $45m in tax revenue across the contract's four-year run, though the operator projects that it will make $119m in its first five years in the District.
OLG Executive Director Frank Suarez said, “With FanDuel’s launch, DC residents and visitors will have access to a best-in-class sports wagering platform. FanDuel’s entry into our market brings not only a reliable, customer-friendly sports wagering experience to the nation’s capital, but it also includes guaranteed revenue that will be used to fund vital city programs.”
The launch follows the recent launch of the Elys Sportsbook at The Ugly Mug, the fourth Elys Sportsbook to launch in DC. The launch was subject to approval from the District of Columbia Office of Lottery and Gaming (DCOLG).
