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The most recent DC Lottery figures show a slight uptick in sports betting activity in the Nation’s Capital.
For February, the Lottery’s GamBetDC generated $5.7 million in sports betting handle, compared to only $3.9 million a year ago. As a result, GamBetDC collected roughly $626,000 in gaming revenue for the month.
According to the Office of Lottery and Gaming (OLG), GambBetDC’s self-service kiosks are now in 60 sports-betting licensed retail establishments across the District.
DC sports betting year-to-date numbers
As for year-to-date, the lottery’s sports betting platform has generated over $35 million in handle off of 1,094,089 bets. For the fiscal year-to-date, DC sports betting has generated roughly $3.9 million in revenue.
Fiscal year-to-date figures:
- Amount played (handle): $35,006,041
- Amount won: $31,039,279
- Number of bets: 1,094,089
When compared to FY 2022, GamBetDC is undoubtedly finding its rhythm. Last year’s figures:
- Amount played (handle): $25,405,930
- Amount won: $21,638,312
- Number of bets: 763,087
February 2023 numbers
February sports betting numbers were down across the board when compared to January. The end of the NFL season could be one reason for the February slump.
January figures include:
- Sports betting handle: $8.7 million
- Revenue: $862,722
- Number of bets: 225,476 bets
February figures include:
- Sports betting handle: $5.7 million
- Revenue: $626,273
- Number of bets: 176,293 bets
Questions remain regarding DC sports betting
Although revenue numbers are increasing, there are still looming questions surrounding DC’s sports betting platform.
In February, the Committee on Business and Economics Development asked the OLG how it plans to improve the GamBetDC mobile app reviews. In response, the OLG said:
“At the start of Fiscal Year 2023, we launched phase 1 of the new UIUX [interface] for GambetDC with the native apps and self-service kiosks. Phase 1 included a new navigation experience for players, which made it easier for them to get to the most popular events and betting markets offered.”
The OLG said the UIUX interface “closely resembles” that of rival sports betting apps like DraftKings and FanDuel that players are accustomed to.
The OLG continued: “In January 2023, GambetDC incorporated BetGenius as the data provider for the NFL, resulting in additional betting markets for all the NFL games. With the partnership, GambetDC expects to see a decreased latency in the NFL in-play games. GambetDC has also gained access to official NFL advertising material and assets that we will use within our applications (NFL logo, team logos, etc.).”
The OLG concluded by saying its goal was to launch the second phase of the new UIUX interface by the end of FY 2023.
