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Competitive D.C. sports betting market likelier as council approves budget

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Sports Betting

2024-06-26

Competitive D.C. sports betting market likelier as council approves budget

The Washington D.C. Council unanimously approved its FY2025 budget Tuesday, paving the way for a competitive online sports betting market in the District.

Council member Kenyan McDuffie’s Sports Wagering Amendment Act of 2024 is included in the budget, which still needs official approval from the mayor. The sports betting language would allow for numerous operators to enter Washington D.C. rather than just FanDuel, which essentially holds an online sports betting monopoly in D.C.

FanDuel, which acts as a subcontractor of Intralot in Washington D.C., is the only sports betting app available across the District. FanDuel recently took over for GambetDC as the District’s primary sports wagering platform.

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