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Sportsbook Signs Lease as DC Sports Betting Went Live
Handle19, a new sportsbook firm, signed a lease to open a restaurant, bar, and gambling facility on Capitol Hill. It came in a time when DC sports betting went live. However, it was missing a sports wagering mobile app during the launch.
Shane August, CEO of August Holding Corp., applied for a sports betting license with the Office of Lottery and Gaming. Handle19 is the first one that applied for a Class-B retail permit. DC Lottery launched its online sports wagering platform, GambetDC.
Several bigger gambling firms are planning to open sportsbooks in DC, including Monumental Sports and Cordish Cos. The latter operates several entertainment venues, including Baltimore’s Power Plant Live and Arundel Mills’ Maryland Live Casino. It is n0ow planning to open a sportsbook in DC.
DC Sports Betting Went Live
Cordish Cos is 100 percent sure that it will have a sportsbook in DC. According to sportsbook pay per head sources, the company is looking for locations in the District. Also, the company is partnering with FanDuel. They are going to open a sports-themed bar and restaurant with TV monitors showing games.
The coronavirus pandemic stopped most sports events in the US and other parts of the world for more than two months. However, it didn’t stop software sportsbook providers and operators from venturing into the DC sports betting market.
Based on 9 Dollar Per Head sources, DC became the eighth jurisdiction in the US to legalize sports wagering. Sportsbook operators expect DC to be a resilient market that will recover from the economic crisis brought about by the pandemic.
Pro sports franchises also want to have their share of the sports betting market. DC United is negotiating with Caesars Entertainment to open a sports betting lounge in the Audi Field. The Nationals are exploring the possibility of having a sportsbook at the Nationals Park.
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