When you sign-up through links on our site, we may earn an affiliate commission. Learn more >

Washington D.C. Discussing Expansion of Mobile Sports Betting Market

Written by: Michael Savio
Published May 8, 2024
7 min read

Washington D.C. residents may soon have a vastly improved sports betting market.

The D.C. City Council met last week to discuss the possibility of expanding online sports betting in the state. The state currently allows only one online sportsbook to operate, which has led to one of the worst markets in the US.

The nation’s capital recently made a significant change by ditching beleaguered GamebetDC in favor of FanDuel Sportsbook. The move comes after the DC-only operator experienced major issues with their app, leading to a decline in online betting. The change to FanDuel represents a major upgrade for both bettors and the district.

The council's new proposal would allow up to seven online sportsbooks to operate in the state. Online operators would be required to partner with one of the district’s sports franchises and stadiums. That list would include the following:

  • Audi Field

  • Capital One Arena

  • DC United

  • Nationals Park

  • Washington Capitals

  • Washington Wizards

  • Washington Nationals

The expanded market is expected to result in a significant uptick in tax revenue for D.C., which has seen a steady decline since legalizing sports betting in Washington, D.C.

Washington D.C. Mulls Mobile Sports Betting Expansion

New Tax Rates Creating Opposition to Expansion

Along with expanding the number of online operators in the state, the City Council would also increase the tax rate from 10% to 20%. That has led to an uproar from the state's retail sportsbook operators, including Caesars. They would also see their tax rates double despite being open in the district for some time.

“In this case, we’re talking about increasing the license fee and the tax rate, which is [a] double whammy on us,” said Caesar’s VP Dan Shapiro. “It’s all a math equation for us, and you’re changing the dynamic here.”

Given that D.C. is one of the smallest markets in the US, many operators say increased tax rates would make the already high cost of business unjustifiable. Sportsbooks not named DraftKings and FanDuel are struggling to compete in markets across the US, meaning they may not be willing to enter the market if the tax rate rises to 20%.

Image for Michael Savio

AUTHOR

Michael Savio

477 Articles

Michael is an avid sports fan and a veteran bettor from Milwaukee. He learned the trade from his grandfather in Las Vegas as a kid and has turned that into a successful career. He cheers for all Wisconsin pro teams along with his Alma Mater Arizona State. He specializes in baseball betting, but has experience in football, basketball, and hockey as well. When he isn’t pouring over stats, he’s spending time with his two young children.

More info on Michael Savio
We've been featured on:
espn logo
reuters logo
cbs-news logo
forbes logo
entrepreneur logo
entrepreneur logo
We only list licensed sportsbooks
WorldSportsNetwork
WorldSportsNetwork
WorldSportsNetwork
WorldSportsNetwork

© Rebel Penguin ApS 2024 (a subsidiary of Gaming Innovation Group Inc.)

We support responsible gambling. 21+ Only. Gambling problem? Call 1-800-Gambler.

WSN.com is run by iGaming Cloud Inc (a Gaming Innovation Group Subsidiary) and is registered with the New Jersey Division of Gaming Enforcement (DGE) under affiliate vendor ID 89744, with the Indiana Gaming Commission (IGC) under certificate of registration number SWR-000148, approved by the Pennsylvania Gaming Control Board as a gaming service provider, under certificate registration number 117656-1, possesses a Vendor Minor sports betting license from the Colorado Limited Gaming Control Commission (account number 94414163), granted a vendor registration number VR007603-20-001 by the Michigan Gaming Control Board, an interim Sports Wagering Supplier license, under license number SWS 066, issued by the West Virginia Lottery Commission, a sports betting vendor registration, under registration number #100400, issued by the Director of Gaming Licensing and Investigations of the Virginia Lottery to operate in the State of Virginia, and a Vendor Registration issued by the Sports Wagering Committee of the Tennessee Education Lottery Corporation.

Advertising disclosure: WSN contains links to online retailers on its website. When people click on our affiliate links and make purchases, WSN earns a commission from our partners, including ESPN and various sportsbooks.