November 18, 2020

William Hill maintains lead in D.C. market in October

William Hill maintains lead in D.C. market in October

Washing D.C. saw its lottery stakes increase by 27.8% month-over-month in October, athough its citywide mobile lottery offering remains outstripped by William Hill’s sportsbook at Capitol One Arena.

Amounts staked through the Intralot-powered Gambet app went up to $4.2 million, with customers winning a total of $3.4 million. Assuming there were no adjustments, this means that revenue increased by about 64.8% to $822,101 for the month—Gambet’s strongest to date.

This also means that ever since the app was launched in May, customers have staked a total of $10.6 million through Gambet, winning $8.8 million, for $1.8 million revenue.

The William Hill-branded temporary sportsbook located at the Capital One Arena, however, continues to outperform Gambet, despite the fact that it lacks mobile offering and has a limited reach.

Amounts wagered at the venue increased by 17.8% from September to $14.4 million, with customers winning back $11.6 million. This meant that the sportsbook earned around $2.7 million in revenue, up by 108.2% month-on-month.

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