FanDuel Replacing Washington D.C. Sports Betting AppPrevious App Fell Short Of Projections |
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After a disappointing rollout of the city’s sports betting app, Washington D.C. officials recently announced that FanDuel will be taking over operations in the nation’s capital.
Since its debut in May 2020, the D.C. Office of Lottery and Gaming’s (OLG) GambetDC sports betting app was received poorly because of technical issues, poor odds, and other problems. City officials now hope FanDuel can alleviate some of those concerns and help bring in more revenue for the city.
“FanDuel’s industry-leading offering will ensure that the District maximizes tax revenue under its existing contracts this year while delivering a best-in-class experience,” OLG executive director Frank Suarez said.
Experienced Operator Moving In
No official launch date was announced but FanDuel is expected to go live in the city sometime in the spring. OLG officials didn’t offer information on how current GambetDC accounts might be migrated into the new FanDuel D.C. app.
The city originally predicted that GambetDC, created through partnership with Greek gaming company Intralot, would bring in $84 million by January of this year. In reality, the app only produced $4.3 million for the city during that time.
This is in stark contrast to states around the country that have received massive tax revenue boosts from the growing sports betting landscape. In recent weeks, city legislators have looked to make the process more transparent.
FanDuel has guaranteed $45 million in tax revenue over the life of the company’s five-year agreement with the city, but expects that to be much higher.
FanDuel brings more experience to the D.C. betting environment and is now the nation’s top sports betting operator. The company offers wagering in 22 states, including neighboring states of Maryland and Virginia.
Along with replacing the current betting app, FanDuel will also be replacing the city’s GambetDC betting kiosks. FanDuel kiosks are expected to be in place by the summer, according OLG. The previous kiosks allowed bettors to wager without using the app, but also had some glitches that some bettors were able to take advantage of.
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