William Hill Posts $9.1M August Sports Betting Handle in DC

William Hill Posts $9.1M August Sports Betting Handle in DC
© PA

The first sportsbook in a U.S. professional sports venue — the William Hill Sportsbook at Capital One Arena in Washington, D.C. — saw $9,130,409 in wagers placed in August, its first full month of operation. That was more than four times the amount wagered on the D.C. Lottery's sports betting app.

The 69,085 bets placed at the sportsbook resulted in $142,527 in tax revenue for the district, according to figures posted on the D.C. Lottery website.

RELATED: More on Washington D.C. sports betting and gaming

The amount wagered at William Hill in August dwarfed the amount wagered on GambetDC, the lottery's sports betting app. GambetDC had $2,132,032 in August handle on 66,831 total wagers, unaudited figures on the DC Lottery website show.

Sports betting revenue has been far less than the lottery projected and the revenue projections for the next fiscal year have been reduced, according to The Washington Post.

The city expects to see revenue increase when the pandemic eases, Nicole Jordan, a spokeswoman for the D.C. Lottery, told The Post. She also referred to an increase in wagering from July’s $750,000 to August’s $2.1 million with more sports being played, according to the story in The Post.

GambetDC launched on May 28 with a platform provided by Intralot. The gaming company has been criticized in news reports and social media for its odds in D.C. and Montana, where it powers Sports Bet Montana.

The low numbers for GambetDC and the issues raised about the Intralot platforms again put a spotlight on lottery-run sports betting operations. The D.C. Lottery oversees sports betting in the city.

D.C.’s “Sports Wagering Lottery Amendment Act of 2018” authorized private operators to offer sportsbooks at licensed locations like the William Hill Sportsbook at Capital One Arena. The Washington Nationals and D.C. United also could offer sports betting at their stadiums.

William Hill Opened in Late July

The William Hill Sportsbook at Capital One Arena — home to the NBA’s Wizards, WNBA's Mystics and NHL’s Capitals — opened on July 31. It’s in a temporary site at the arena and will open a permanent sportsbook in the area where the Greene Turtle was. William Hill said it hopes for a late fall opening of the permanent sportsbook.

For the one day in July it was open, the sportsbook had 63 wagers placed and a handle of $1,830, according to the lottery report.

It’s also important to remember that there were no sporting events at Capital One Arena. On a typical night when the Caps or Wizards are playing, there could be 15,000-20,000 fans at the games.

Most major sports leagues were still shut down in June and July. MLB returned on July 23, but the NBA didn’t restart until July 31 and the NHL on Aug. 1. The NFL kicked off its season on Sept. 10, so September could be a stronger month for William Hill and GambetDC.

Betting News Articles

Latest Betting News

DISCLAIMER: Online Wagering is illegal in some Jurisdictions. It is your responsibility to check your local regulations before playing online. GDC Trading Ltd takes no responsibility for your actions.
© 2011-2020 KAX Media America Inc. All rights reserved. Registered with the New Jersey Division of Gaming Enforcement with Vendor ID #90927.
Terms and Conditions  |   Privacy Policy

Asset 4 Android GET IT ON facebook Download_on_the_App_Store_Badge_US-UK_RGB_blk_4SVG_092917 twitter