Sports News
| Published On Dec 15, 2024 3:24 am CET | By Daniel Li

DC Sports Betting Grows with Record-Breaking November Handle

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Washington DC set another sports betting record in November, with a handle of $68.2 million. This marked the district’s highest monthly figure to date, surpassing October’s record by 3.6%. The District of Columbia Office of Lottery and Gaming confirmed the numbers, reflecting growing interest in sports wagering.

Compared to November last year, the handle grew by an impressive 117.6%, signaling increased engagement from bettors. The year-to-date handle has now reached $291.9 million, far exceeding the $103.1 million reported for fiscal year 2023, with one month still remaining in 2024.

FanDuel emerged as the leader for November, taking $18.8 million in wagers. DraftKings followed with $6.7 million. Both platforms have been instrumental in driving the district’s growing market share.

Gross gaming revenue (GGR) also saw a sharp increase. November’s GGR reached $8.9 million, more than doubling the $4.2 million reported in October. This figure also represents a 152% increase year-over-year, showcasing the robust performance of the district’s betting market.

FanDuel maintained its lead in revenue, generating $5.5 million in GGR for November. DraftKings posted $2.2 million, securing its position as a key player. These contributions have pushed the year-to-date GGR to $34 million.

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Daniel Li

A day trader in cryptocurrencies and avid sports bettor himself, Daniel decided to join the team and share his expertise with the iGaming.org audience. Areas of interest are global crypto regulations and the adoption of cryptocurrency use in the world. Daniel loves to work hard and write “how to guides” related to sports betting to share his take on various topics.