DC December sports betting handle reaches $66m
Players left with more than $61m in winnings last month.
Key Points
- DC has offered legal sports betting to players since 2020
- However, only FanDuel operated in DC until last summer
The District of Columbia has released its December sports betting result. Last month, DC posted a handle that reached close to $66m.
Throughout the year, the District of Columbia has welcomed several new operators, including Fanatics, DraftKings, Caesars and BetMGM.
Up until mid-July, players could only access mobile sports betting through FanDuel.
DC players during the month of December walked away with a large chunk of winnings as well. Players in DC took home more than $61m in total wins last month.
The District of Columbia has allowed legal sports betting since 2020. The city council recently approved a budget to make room for additional operators to come to DC.
Altogether, DC’s sportsbook generated close to $3.9m in revenue for the month of December.
Top revenue earners last month included FanDuel, DraftKings and BetMGM. Last month, FanDuel yielded a revenue total of $2.9m.
Good to know: The operator is a current partner with the DC Lottery
DraftKings and Fanatics grabbed the second and third place spots, bringing in $0.7m and $0.2m in revenue respectively.
Since the federal government lifted its ban on legal sports betting, following the Supreme Court’s decision to overturn the Professional and Amateur Sports Protection Act of 1992 (PASPA) nearly seven years ago, 38 states have established legal and regulated sports betting markets.
In other recent news, Intralot and Veterans Services Corporation (VSC) were forced to pay $6.5m to the District of Columbia, following an investigation by the Office of the Attorney General (OAG).
The investigation revealed that both companies had “deceived District officials in order to obtain a lottery and sports betting contract.”
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