Fix D.C.’s sports betting market by ending the monopoly

In Politics by Michael Rae

Members of the District of Columbia’s City Council legalized sports betting in 2018. The move was prompted, in no small part, by the eye-popping $90 million in new tax revenue council members were told sports betting would generate in the first four years. Two years after its launch, however, Washington, D.C., has collected just $4 million in total taxes related to sports gambling, less than what other states collect in sports betting tax revenue in a single month. But D.C.’s fumbled rollout of its sports betting market is not hard to explain. 

The problem largely boils down to the fact that