$2M FEE FOR NEW APPLICATION OF ONLINE SPORTS BETTING LICENSE

The new Class C license comes with a $2 million application fee, which is valid for five years. You can renew your license for five years with a $1 million fee. Taxes on digital sports betting are 30% charged if there is no cap on the number of Class C licenses, or “Through contracts with a limited number of partners operating Office of Route and Gaming mobile and web-based sports betting businesses, we can return the most revenue to the District of Columbia.”

McDuffie is also looking to restore funds for troubling and responsible gambling funds. Last summer, the mayor of DC, Muriel Bowser, removed $200,000 allocated to the Office of Behavioral Health from the city’s budget after the agency failed to spend the funds.

In the new proposal, the “first $300,000” will flow to the Washington Convention Center and the sports authority for problematic and responsible gambling initiatives. The next $1 million will go to the Washington Convention Center and the sports authority, which will be used for “out-of-school” sports and extracurricular activities for public school students. 온라인카지노