A Washington, DC City Council member introduced legislating that, if approved, would expand the list of wandering sports wagering applications uncommitted inward the District.
Council fellow member Kenyan McDuffie (I-At Large) introduced the Sports Wagering Amendment Act of 2024 on Wednesday. group A member of the Council’s Committee on Business and Economic Development (CBED), McDuffie was among the legislators who highlighted flaws with the GambetDC app, the lone sports betting app available end-to-end the District. He wants to a greater extent sports betting competition in the city.
Our electric current mould isn’t working, this measure will work needful rivalry into the sports wagering marketplace and allows electric current Class A retail sportsbook operators (located at Audi Field, Capital One Arena and Nationals Park) to ply their peregrine apps urban center wide,” he said in a Wednesday post on x (formerly Twitter).
McDuffie introduced his invoice just now o'er a calendar week after the prescribed annunciation that Intralot would farm out military operation of GambetDC out to FanDuel, import that later this spring, FanDuel will suit the only roving sports wagering app usable end-to-end Washington, DC.
McDuffie Legislation Could Be Moneymaker for DC
Since the debut of GambetDC some quadruplet years ago, bettors in the District could usage that app just nigh anywhere inward the city, except privileged or nigh federal buildings.
Conversely, BetMGM (Nationals Park), Caesars Sportsbook (Capital One Arena), and FanDuel (Audi Field) could only if live used in those stadiums and within a two-block radius of those venues. That limitation joined with GambetDC’s widely criticized odds and port prompted many DC bettors to spell to neighboring Free State and Old Dominion State to come out wagers by phone.
That’s chased assess receipts come out of the District, though the modulation to FanDuel testament potential improve that situation. FanDuel believes it testament generate $119 meg inward nonexempt revenue inwards Washington, DC over the next 5 years. That’s to a greater extent than the calculate $10 zillion from the stream system. McDuffie’s visor would set aside retail sportsbook operators, such as BetMGM and Caesars, to partner with pro teams to extend peregrine betting inward the city.
“It also creates a Class C wandering sports wagering permit to sports teams who conform to certain criteria, including being headquartered in the District of Columbia and playing 90% of their rest home games at a facility with a Class a retail sportsbook,” McDuffie added on X.
GambetDC a ‘Failure’
In its roughly quadruplet years on the market, GambetDC has notched offenses such as losing money inwards 2021, not beingness usable to bettors during the 2022 Super Bowl, and generating lower-than-expected taxation revenue. So it’s non a stretchiness to telephone the electric current system a failure, as does McDuffie.
Opening Washington, DC to more roving operators should pull in the desired competition. The district’s population of most 713K tops that of Wyoming, where multiple gaming companies proffer wandering sports betting. Plus, DC has the vantage of being nursing home to multiple pro sports franchises. McDuffie’s peak would also supply funding for activities for local youthfulness and problem betting treatment.
“Annually, it testament place $1,000,000 inwards youth extracurricular activities from the proceeds of sports wagering revenues; and dedicates $300,000 to the Department of Behavioral Health to armed combat problem gambling,” he noted on X.
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