Two more licenses have been issued for sports betting in the District of Columbia. The Office of Lottery and Gaming (OLG) announced that a supplier license was awarded to Elys Game Technologies, and a Class B operator’s license was given to their partner Grand Central LLC.
D.C. launched retail betting kiosks in July when they debuted GambetDC, which is operated by the District Lottery. GambetDC has been criticized as offering low payouts and has not been popular with many bettors, who have been anxiously waiting for more sports betting kiosks from industry sportsbooks. GambetDC has a deal that pays Intralot 42.5% of gross sports betting revenue.
Washington, D.C. Sports Betting
In June, D.C. welcomed BetMGM and Caesars as sports betting licensees, though each is geofenced within an area surrounding the sports venues they partner with. BetMGM has a deal with the Washington Nationals at Nationals Park, and Caesars is at Capital One Arena, home to the Wizards and Capitals. Since launching their mobile sports betting and retail kiosks, BetMGM and William Hill (operating as Caesars Sportsbook by William Hill) have cut into the market share that previously was exclusive to GambetDC.
Grand Central hopes to install hardware and offer sports betting at their Grand Central Restaurant & Bar located in the Adams Morgan area in October. With Elys as their tech partner, Grand Central failed to meet a goal to be operational by the start of the NFL season, but a slow-moving application process may be to blame. Grand Central opened in 2007.
A Class B license allows the license-holder to provide a full-service sportsbook with no restrictions on maximum bets. Under the license, winnings can be redeemed on-site.
Elys Game Technologies originates in Italy and has U.S.-based operations in San Francisco. Elys will provide Grand Central with a turn-key retail betting solution in kiosk form, and also offers managed sports betting services. The license in D.C. is the first in the United States for Elys.