Press Releases
An Industry First, William Hill Sportsbook Officially Opens at Capital One Arena in Washington, D.C.
Marking a major milestone in American sports history, the William Hill Sportsbook at Monumental Sports & Entertainment’s Capital One Arena officially opened today, becoming the first ever sports betting venue to open within a U.S. professional sports facility.
William Hill, a part of Caesars Entertainment, and Monumental Sports & Entertainment announced a groundbreaking partnership deal in October 2019 to open the first-of-its-kind, marquee destination for local, regional and global visitors. With the addition of Michelin-starred Chef and Maryland native Nicholas Stefanelli, the talents of three leading purveyors in the hospitality and entertainment industries will offer guests a truly unique and extraordinary experience.
“Monumental Sports & Entertainment is proud to have worked with William Hill and Caesars Entertainment, a proven leader and innovator in sports betting, to provide the preeminent fan experience and serve as exemplars to the industry as first-in-class and best-in-class,” said Monumental Sports & Entertainment Founder & CEO Ted Leonsis. “Providing a data-driven, technologically-advanced environment in a beautiful, approachable space with fine dining options provided by Chef Stefanelli will further enhance the indelible memories we create nightly at Capital One Arena, and draw even more visitors to our historic downtown D.C. neighborhood.”
The two-story, 18,000 square-foot venue features 17 betting windows and 12 self-service betting kiosks, as well as Verizon 5G Wi-Fi capability so fans can place wagers on mobile devices through the William Hill app from the comfort of their seats as they enjoy a meal or beverage. Visitors will enjoy a premium game-day experience whether they’re attending a Capitals or Wizards game or watching out-of-town games in the sportsbook, thanks to an inspired sports-bar menu crafted by Stefanelli.
More than 100 television screens adorn the Sportsbook, including four positioned on all sides of a jumbotron that hangs from the ceiling in the center of the venue that is a replica of the one inside Capital One Arena at center ice/center court. A custom, 1,500 square-foot LED screen wraps the entire facility and offers visitors the best viewing experience for enjoying multiple games across various sports simultaneously.
There is also a broadcast studio that will be used to host live television and radio shows, as well as two VIP areas and a private dining and entertainment space. Design elements pay homage to the history of sports and local professional teams, including baseball stitching incorporated into the staircase railing, vintage lockers featured in the main bar, local sports memorabilia throughout the space and sketches of local arenas printed on the ceiling.
The sportsbook and restaurant will be open daily, year-round, and are accessible to the public from F Street while offering direct access to and from Capital One Arena during select ticketed events, which currently number 230 events a year and welcomes 3 million visitors.
“With more than 100 televisions, nearly 20 betting windows and a dozen kiosks in the space as well as access to the William Hill mobile app, our guests will enjoy a great gameday watching the Capitals or Wizards at home or wagering on their favorite teams during any game,” said Tom Reeg, CEO of Caesars Entertainment, parent company of William Hill. “Adding Chef Nicholas to our roster has elevated our partnership with Monumental Sports & Entertainment to an elite level, providing the ultimate sportsbook experience for fans throughout the region.”
The premier full-service food and beverage offerings created by Stefanelli complement the premium sports betting facilities that are synonymous with the William Hill experience. With its location within the spirited and energetic atmosphere of Capital One Arena, the William Hill Sportsbook and Restaurant Concept offers a revolutionary and fundamental fan experience for sports fans in Washington, D.C.
Stefanelli is known for his traditionally inspired Italian dishes mixed with equal parts finesse, flavor and whimsy style at his flagship Michelin-starred restaurant Masseria, as well as Officina at the Wharf and Georgetown.
“Having the opportunity to partner with industry leaders William Hill and Monumental Sports & Entertainment to present this Sportsbook and Restaurant Concept in D.C. is very exciting,” said Stefanelli. “Bringing my brand of hospitality to sports and gaming is a winning combination for me.”
Paying homage to cuisine influenced by both his Maryland roots and traditional sports-bar fare, the menu features appetizers, soups, salads, a raw bar, sandwiches, entrees, side dishes and desserts available daily. A few featured items for sports and food fans alike include Double Dipped Chicken Wings, Potato Skin ‘Nachos,’ Classic Meatballs, Roast Pork Sandwich, DC Half Smoke, Eastern Shore Rockfish Imperial and Chicken Parmesan.
The William Hill Sportsbook at Monumental Sports & Entertainment’s Capital One Arena is the first-of-its-kind and is operated by Caesars Entertainment. Caesars Entertainment recently completed its acquisition of William Hill, PLC and currently offers sports betting options in 18 U.S. states and territories, including over 170 retail sportsbooks.
Latest News
MAJOR LEAGUE BASEBALL SELECTS SPORTRADAR TO TRANSFORM PLAYER TALENT SCOUTING FOR ALL 30 CLUBS
Sportradar today announced a multiyear agreement with Major League Baseball (MLB) to offer unparalleled sports performance analysis of amateur baseball prospects, through its Synergy Coaching and Scouting solution, to the league and its 30 Clubs. This new partnership will revolutionize player talent scouting through Sportradar’s advanced, proprietary technology and highlights Sportradar’s commitment to delivering innovative and game-changing solutions to the league.
Under the agreement, MLB and its 30 Clubs will gain access to an unprecedented depth of player analysis and insights with event coverage expanding significantly, from 3,300 to more than 20,000 games – an over 600% increase. This includes college, international, professional partner leagues and leading amateur leagues, such as the MLB Draft League, the Appalachian League and MLB Develops events, and, for the first time, top high school events.
The Synergy Coaching and Scouting solution is uniquely positioned to address the player evaluation needs of MLB as it leverages Sportradar’s expertise ingesting and transforming millions of data points from video into detailed metrics, actionable insights and dynamic visualizations. This, combined with Sportradar’s AI-powered sports performance technology, enables Synergy to provide unparalleled, in-depth analysis of every player, play and game situation, and equips MLB and Club scouts with the information and insights they need to streamline the evaluation process, guide draft decisions and support the development of future MLB players.
“Sportradar’s cutting-edge technology, alongside our reputation as a trusted partner to leading US sports leagues, is driving the transformation of sports performance analysis,” said Eduard Blonk, Chief Commercial Officer, Sportradar. “Through Synergy we are pleased that we are expanding our relationship with MLB, equipping them with the deep data and insights they need to identify the next generation of players. We are eager to continue bringing innovative solutions to MLB.”
“We are excited to expand our relationship with Sportradar and ensure equal access to the Synergy video and data services for all 30 MLB Clubs. This platform has become a key resource for Clubs in the domestic and international scouting process and we look forward to continuing our work with Sportradar in the coming years,” said John D’Angelo, MLB’s Sr. Vice President of Amateur and Medical Operations.
Financial reports
Commercial Gaming Revenue Growth Continues in Q3 2024, Driving Industry’s 15th Consecutive Quarter of Growth
U.S. commercial gaming revenue reached $17.71 billion in Q3 2024, the industry’s highest-grossing Q3 on record, according to the American Gaming Association’s (AGA) Commercial Gaming Revenue Tracker. This makes Q3 2024 the industry’s 15th consecutive quarter of annual revenue growth, with September marking the 43rd straight month of rising year-over-year commercial gaming revenue.
Through the first nine months of the year, nationwide commercial gaming revenue stands at $53.24 billion, pacing 8.0 percent ahead of 2023 and putting the industry on track for a fourth straight record revenue year.
In Q3 2024, 29 of the 35 commercial gaming jurisdictions operational last year saw increased year-over-year revenue. This growth resulted in an 8.9 percent year-over-year increase in state and local taxes tied directly to gaming revenue, with commercial gaming operators contributing $3.79 billion in taxes across the quarter.
Quarterly revenue from land-based gaming – encompassing casino slots, table games and retail sports betting – totaled $12.56 billion, 0.62 percent lower than Q3 2023. Meanwhile, combined revenue from online sports betting and iGaming totaled $5.14 billion in Q3 2024 as online gaming made up 29.0 percent of commercial gaming revenue, a significantly higher share than in Q3 2023.
Looking at each sector in Q3 2024:
- Traditional Gaming: Traditional brick-and-mortar casino gaming generated quarterly revenue of $12.38 billion, a contraction of 0.9 percent year-over-year.
- Legal Sports Betting: Americans legally wagered $30.3 billion on sports, generating $3.24 billion in quarterly revenue (+42.4% YoY). Recent market launches in Kentucky, Maine, North Carolina and Vermont contributed to this growth.
- iGaming: iGaming generated $2.08 billion in revenue, marking a 30.3 percent year-over-year increase.
“Q3 2024 continued gaming’s momentum from the first half of the year, with online casino and sports betting driving strong growth. At the same time, new brick-and-mortar casino openings bolstered traditional gaming, which still accounts for the bulk of industry revenue,” said AGA Vice President of Research David Forman. “More than a quarter of commercial revenue now regularly comes from online sources, raising the importance of continued sustainable growth with consumers in those states.”
Popular iGaming content provider BGaming has solidified its market position in Brazil by securing an aggregation deal with Cometa Gaming.
Cometa Gaming is an online casino and sportsbook aggregator with several brands in Brazilian market, all in the regulatory process. The group handpicks the best slot studios in the industry to meet the high standards of its passionate players.
BGaming has initially launched its entire portfolio with Cometa Gaming’s iGaming and sports betting brand Br4bet, including popular titles such as Fruit Million, Burning Chilli X and Space XY. The provider will continue to roll out its games across several of the platform’s other brands over the coming months.
This latest partnership demonstrates BGaming’s growing demand in LatAm ahead of the Brazil’s regulated market launching in January, where it remains committed to delivering a safe, fair and entertaining experience for players.
Gian Carlo Ferrini, Sales Manager at BGaming, said: “Partnering with Cometa Gaming is a major move for BGaming, enabling us to broaden the reach of our award-winning content to LatAm players across its multiple brands. So far, we have enjoyed early success with Br4bet and look forward to launching with Cometa Gaming’s other casino sites in the future.”
Thomaz Campos, COO at Cometa Gaming, said: “BGaming continues to break new ground in Brazil and we are delighted to have them live on Br4bet. Their games will help us achieve our goal of delivering the most appealing and forward-thinking content to players, as we both work towards a shared commitment to excellence.”
BGaming is a fast-growing iGaming content provider converting gambling into gaming. Thanks to an expert team and a player-driven approach, the studio creates innovative and engaging products featured on reputable platforms and 1,600+ online casinos worldwide. BGaming is the world’s first to support cryptocurrencies and offer Provably Fair games. Today the brand’s portfolio includes 150+ products with HD graphics and a clear user interface for every device. The studio is also known for its brand exclusives created in partnerships with leading operators in the industry.
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