Margins help DC Lottery close revenue gap with William Hill in February
DC Lottery’s Gambet sports betting product closed the revenue gap with William Hill in the US capital, but this came mostly due to a decline in the latter’s margins.
The two operators combined to bring in $1.3m on bets worth $15.3m.
Gambet, operated by the DC Lottery and powered by Intralot, saw players place 124,362 wagers, worth a combined $4.2m, down 19.7% from January.
From these wagers, players won $3.6m, leaving $600,305 in revenue, down 25.6% month-on-month.