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Washington, D.C. Could Soon Have The First Sports Betting Facility Inside A U.S. Arena

3rd October, 16:52

Topline: A new partnership between Monumental Sports of Washington, D.C., and British betting firm William Hill aims to create the first legal betting establishment inside a major U.S. sports venue.

Crucial quote: Leonsis told the Washington Post he learned about William Hill years ago while on a family trip to a remote town in Scotland, where the local betting parlor was the heart of the community. "I joked it's kind of like Starbucks there. ... It's everywhere," he recalled. "I would walk in and see young people, business people, mothers, sports fanatics and soccer fanatics."

Key background: A landmark Supreme Court decision last year gave states permission to legalize sports betting on their own, breaking Nevada's monopoly on the practice. Live betting has since been legalized and launched in 13 states, while Washington, D.C., and four other states have approved laws but have yet to launch any betting operations.