The owner of the Washington Capitals and Washington Wizards wants arena-housed sports betting in the Capital One Arena in DC. Monumental Sports, a group that owns the Washington teams, is working with William Hill to make it into a reality.
Monumental Sports wants to be a bookie in Capital One Arena, which they also own. They already have plans on where to place the betting facility within the sports venue. Owner Ted Leonsis didn’t disclose the cost of the project. However, he reiterated that the deal with William Hill would not have any conflicts of interest.
Leonsis told sportsbook pay per head news sites that the betting facility will have several floors. Also, it will have a place for guests to place their wagers using their mobile phones. The facility will be a combination of a trading desk and a sports bar. Leonsis wants it to have the ambiance of an Apple Store.
Arena-Housed Sports Betting
However, arena-housed sports betting still needs the approval of city officials. It will be a precedent for sports betting within the arena in the United States. William Hill claims to have the best bookie software and will use it in the DC project.
Allowing legal sports betting in the arena can significantly improve fan engagement with the team. Also, it will attract more bettors to watch the games live in the stadium. Legalizing sports betting in the US turns a black market into a regulated industry. Bookie pay per head reviews saw an increase in the number of sportsbooks operating in the US since the Supreme Court ruling.
As a result, William Hill is aggressive in its venture into the US market. At present, it has sports betting venues in ten states. They will complete its DC project with Monumental Sports next year. Hopefully, they get the approval from local regulators to allow them to accept bets in the venue.
