A meeting of the Business and Economic Committee of the Washington DC Council ended up becoming contentious. They are discussing the future of sports wagering in the District.
Elissa Silverman, a council member, discussed a plan she sponsored that would legalize mobile gambling in the whole District of Columbia through companies like BetMGM, Caesars Sportsbook, and FanDuel. These three companies provide brick-and-mortar sportsbooks in the District, but mobile sports betting is extremely limited with BetMGM and Caesars and nonexistent with FanDuel.
So far, most of the District of Columbia has legalized sports betting only through the lottery-run GambetDC app, built by the third-party supplier Intralot. Several complaints have been about the app’s bad odds, clumsy UI, and outdated technology. Also, there are better gambling solutions on the market.
DC Council Sports Betting Debate
According to bookie pay per head reports, Silverman lost her seat in the Council in November, so she won’t be able to get her measure through the body anytime soon.
Director of the District of Columbia’s Office of Lottery and Gaming Frank Suarez strongly opposed Silverman’s proposals during Wednesday’s discussion. There was a lot of back-and-forth between the two, and things occasionally became hot.
Suarez lauded the latest improvements to the GambetDC interface, which have led to a higher average rating for the platform on the App Store. However, from a tax income generating standpoint, he continued, opening up the mobile sports betting sector in DC to competition would also be a mistake.
And Suarez has come clean about GambetDC’s frighteningly lousy performance. He admitted that it had cost the District $1 million over the previous three fiscal years. Also, the director maintained that it was still the most significant choice since it would transfer $2.7 million to DC in the fiscal year 2022 (transfer = income – expenses). He anticipates a continuation of the current rate of revenue growth in the following years, which is the right time to open a bookie business.