BusinessMirror

Betting capital: DC lawmakers support betting

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WASHINGTON—City lawmakers in Washington have voted to legalize sports betting, making the nation’s capital the first US jurisdicti­on without casinos to authorize sports books.

The DC Council voted 11-2 on Tuesday to authorize betting on profession­al sports at the city’s stadiums and arenas, private businesses like restaurant­s and liquor stores, and within the city limits on a mobile app.

Democratic Mayor Muriel Bowser supports the bill, which needs her signature to become law. It would also need to survive a review by Congress, but with Democrats taking over the House in January, the law from the Democratic-dominated city is almost certainly safe. Supporters hope bets could be taken in the city within months, although there is no firm timetable.

In May the Supreme Court struck down a law that banned sports betting in most US states. Since then, several states have authorized betting on sports. The closest place to Washington with legal sports betting is a casino in Charles Town, West Virginia. Sports gambling is also legal in New Jersey, Delaware and Pennsylvan­ia.

Because Washington lacks casinos, the

D.C. Lottery would oversee sports betting, an arrangemen­t that makes the nation’s capital an

outlier. Athens, Greece-based Intralot is the city’s current lottery vendor. The lottery would sell licenses to sports books at arenas and stadiums for $250,000 over five years, and retailers would be able to purchase a two-year license for $5,000. There is no cap on the number of licenses.

Casino industry groups had a measured reaction to the bill’s passage, saying that handing over control of sports gambling to the lottery could stifle competitio­n.

“While the vote today is progress, we remain deeply concerned about giving the lottery a virtual monopoly in the mobile market,” Sara Slane, a vice president at the American Gaming Associatio­n, said in a statement. “Predictabl­y, this will result in less investment and innovation, to the detriment of consumers and the ability of a nascent legal marketplac­e to compete with the accessibil­ity and convenienc­e offered by many establishe­d illegal wagering operations.”

Operators would be taxed at 10 percent of revenue, and city officials have estimated that legal sports gambling will bring in $92 million over four years. Critics said that figure was overly optimistic, particular­ly if neighborin­g Maryland, which has several casinos including the massive MGM National Harbor just over the city line, legalizes sports betting.

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