Yet another meeting about GambetDC seemingly left councilmembers unconvinced the DC sports betting market is performing as strongly as possible.
Sports betting in DC operates under a system that gives the DC Lottery the only District-wide sports betting app, which is powered by Intralot after it won a no-bid five-year contract giving it a 42.5% cut of sports betting revenue. But that GambetDC app routinely has missed financial goals since it launched in May 2020, leaving District leaders wondering if it is the right format.
Whether DC will switch to a system that gives private operators District-wide mobile access is still undecided. Wednesday’s meeting, though, did not include much optimism for the current model from councilmembers.
Lottery continuously missed DC sports betting projections
The purposes of the roundtable were to see if changes suggested by the DC Auditor last September were being implemented and to hear what else could be done to better compete with neighboring states like Maryland and Virginia.