FanDuel app reports record monthly totals for Washington

Sports Betting

Washington D.C. has released its May sports betting report. The D.C. Lottery had appointed FanDuel as the district’s online sports betting operator. 

FanDuel Sportsbook in Washington D.C. launched on April 15. With FanDuel taking over for GambetDC, there has been an immediate increase in betting activity in Washington.

May’s operator revenue was over $1 million more than the previous high of $4.4 million set in November 2021.

The 15.4% hold ranked 14th in 49 months of wagering in Washington D.C. It’s currently the highest among 29 states and jurisdictions with commercial sports betting for May, with only Arizona, Illinois, and Kentucky yet to report.

The district saw an all-time monthly high of $544,600 in tax receipts, and FanDuel’s entrance has put the year-to-date total of $1.4 million in tax revenue $513,300 ahead of the 2023 total through five months.