Washington DC sports betting posted $11.2 million in June, down 10.4% from May’s $12.5 million and down 13.8% from June 2022 ($13.8 million).
Gross gaming revenue was $484,672, 75.8% less than the $2 million recorded in May and 51.5% behind the $1 million last June.
Caesars Entertainment led the market in revenue, bringing in $256,861 from a $3 million account.
Gambet, managed by DC Lottery and developed by Intralot, recorded $5.4 million in bets and $149,085 in revenue.
Grand Central Bar, which partners with Elys Game Technology, was the closest with $43,112 for $286,899 in sports betting revenue.
Close behind was BetMGM with revenue of $42,184 from $1.7 million in wagers.
Cloakbook accounted for just $627 of $11,272. While FanDuel, which has a bookmaker at Audi Field, suffered a loss of $7,197 with a mark of $511,958.
US Sports Betting Law
Sports betting became a reality in the United States in 2018, when a Supreme Court ruling overturned a 1992 federal law.
This norm prohibited the activity in part of the North American states, allowing the advance of legalization.
But, the regulation of betting is up to each state, as well as other sensitive matters.
Today, 34 of the 50 states have some form of market release.
The state of Nevada, home to the city of Las Vegas, the American gambling capital, was one of the first to regulate sports betting.
In contrast, governments such as Delaware and South Dakota allow betting, but only if done in person.
At the end of last year, the population of California decided to reject the proposed legalization of sports betting in the state.
