Wednesday, May 15, 2019

Sports Betting Update: When and Where

Based on reports from the Washington City Paper, you will not see mobile sports betting until January 2020.  However, DC will be issuing Class A sports licensing around September which have been designated at the major stadiums Nats, Capital One Arena, etc... At that time Class B licenses which can be setup up by individuals.  I'm guessing the Class B licenses will partner with sports bars who aren't 2 blocks away from the major sports arenas.   The converted Green Turtle space in Gallery Place is going to be packed in September.  Its proximity to the metro and its nullification of competition from nearby bars will make it a prime location for sports betting. I'm curious to see what the Entertainment and Sports Arena does.  It is home to the Mystics and NBA Development team those aren't major draws compared to NBA, NHL, and MLB so I'm curious what they will do with the space now that they can make revenue off of concessions and wagering.  I haven't visited the arena yet I did have tickets to the PFL but it was the same day as the baby shower so I just had to pass on it.  Looking forwarded to seeing how all of this plays out. 

See the below link for the full article.  More updates will follow.

https://www.washingtoncitypaper.com/sports/article/21068480/dc-committee-on-finance-and-revenue-concerned-with-additional-delay-of-public-sports-betting-app

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