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Chairman of the D.C. City Council Phil Mendelson has received a warning from FanDuel president Christian Genetski over the possibility of terminating the company’s agreement with the city for its sports betting platform. This warning was contained in a letter that was given out prior to lawmakers passing the 2025 budget, which has provisions to increase the size of the District’s sports betting industry.
A Class C license is introduced in the new budget. With this license, sportsbooks in the District are able to provide mobile sports betting in conjunction with one of the professional sports teams in the state. In terms of internet betting, the Office of Lottery and Gaming (OLG) currently has the exclusive right. FanDuel is the only provider in the District providing digital betting as of April. Within an exclusion zone, BetMGM and Caesars Sportsbook operate retail shops with restricted digital betting.
Mayor Muriel Bowser still needs to approve the 2025 budget, facing opposition due to tax implications. If approved, the city’s sports betting market would open up. BetMGM and Caesars Sportsbook could then offer their platforms citywide, and new operators could apply for DC sports betting licenses. The proposal also allows for the creation of Type C licenses.
FanDuel has indicated it would terminate its agreement with the OLG if the budget is approved. Despite this, FanDuel could still partner with a local sports team and launch its mobile platform under a Class C license. The company already holds a Class A license, allowing it to operate a retail sportsbook at Audi Field.
If FanDuel exits the agreement, the DC Lottery could be left without a partner to operate online and retail sports betting kiosks across the District. The council initially legalized sports betting in 2019, granting OLG a digital monopoly. OLG partnered with lottery vendor Intralot to offer digital wagering through GamBetDC, which launched in May 2020 but fell short of revenue projections.