Washington, D.C. Sports Betting Revenue Up Big in September
Similar to other areas across the country, Washington D.C. sports betting saw a boost in September.
The District had a sports betting handle of $20.7 million for the month, up 66.4% from August’s $12.4 million. BetMGM and Caesars Sportsbook combined for $17 million of the handle, while GambetDC recorded $3.7 million of September’s handle.
In June, BetMGM Sportsbook joined Caesars Sportsbook as the other non-Gambet operator.
Washington D.C.’s non-Gambet online gross gaming revenue was $3.3 million, an increase of 177.1% from August’s $1.2 million. Revenue for Gambet was also up, coming in at $595,995 for September, up 94.4% from August’s $306,645.
The sports wagering tax revenue from non-Gambet operators was $328,768, also up 177.1% from August’s $118,626.
Increased Handles Across the Country
Washington, D.C. is just the latest area to report a substantial increase in handle from September. New Jersey set a national record, becoming the first state to ever eclipse $1 billion in handle, reaching $1,011,114,311 in September. The previous national record was $996.3 million in December 2020, which was also from New Jersey.
Indiana, Iowa and Michigan also reported record handles in September. More states could potentially reach sports betting handle all-time highs.
Michigan’s new mark was $386.3 million, while Indiana’s record is now $355.3 million. Iowa reached a new handle high at $210.4 million.
New highs may continue to be set this fall and winter with the NBA and NHL beginning their seasons in October. College basketball’s return in November should also provide a boost to the overall sports wagering handles.
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