by Michael Molter | Oct 25, 2022 10:23 am | Legal
Elissa Silverman filed the Sports Wagering and Fair Competition Amendment Act of 2022. This measure would add Class C sportsbook licenses for mobile operators. This removes Intralot’s online sports betting monopoly and increases the tax rate to 15%. WASHINGTON...
by Christina Monroe | Aug 2, 2021 4:11 pm | Sports Betting
GambetDC and the DC Lottery will be providing sports betting kiosks to bars and restaurants among other venues in the District to wager on sports. Ben’s Next Door, Lou’s City Bar, Takoma Station Tavern, and Dirty Water Sports Bar are the four businesses in Washington,...
by Christina Monroe | Jul 8, 2021 12:49 pm | Sports Betting
Intralot, the sports betting provider for GambetDC, has been audited and the findings are not good. Having been paid $215 million for a five-year contract by the DC Lottery, they’re coming up short in many areas. On top of that, five of the seven claims for local...
by Giovanni Shorter | May 20, 2021 12:13 pm | Revenue
Washington DC has seen a major betting decline in April. DC has struggled to maintain a strong market. With Maryland launching sports betting, the DC market may continue to struggle. WASHINGTON – Washington DC continued its trend of the big month-over-month dips. But...
by Christina Monroe | May 18, 2021 10:47 am | Regulatory
Florida should see the end result of newly negotiated Tribal Gaming Compacts that include sports betting on Wednesday. The state expects to see a minimum of $500 million a year in annual revenue from these new compact expansions. If all goes according to plan,...