With GambetDC as the only current option for online sports betting in Washington D.C., a council-member decided it was time to change. A new legislation has just been submitted earlier this week that would let sports betting operators such as DraftKings and FanDuel to bring their sports betting apps to the D.C. market. GambetDC was initially expected to bring in $25 million a year but ended up losing $4 million instead. A quote from council-member Silverman states, “It was a failure in terms of good government because we never should have done a sole-source contract, and it’s been a failure in operation”. With the new legislation starting to gain support in D.C. we will have to see how the future goes, but D.C. could use new competition in their gambling sector.
D.C. Council-Member Pushes Legislation For Expanded Sports Betting
October 26, 2022