Gambling in the USA

Washington Wizards to put sportsbook in Capital One Arena

Published

6 years ago

March 29, 2019

Washington Wizards to put sportsbook in Capital One Arena

Reading Time: < 1 minute

Washington Wizards’ owner, Ted Leonsis revealed his intention to put a sportsbook inside the Capital One Arena, the stadium where the team plays.

“There will be a sportsbook inside the building accessible from the outside and depending on the league and depending on the event, it might be accessible from the inside as well,” said Leonsis.

Leonsis said that a brick-and-mortar operation partner is key to maintain integrity. “I don’t think people are going to come to us and say, ‘The guy missed a 3-point shot, I didn’t cover the spread,’” Leonsis said. “We need to find a partner that says, ‘Yes, that’s what we want to do too and not just want to do the cookie cutter,” Leonsis added.

Ted Leonsis is not a stranger to the gambling industry. He has investments in many companies, such as DraftKings and WinView.

Related Topics:

Up Next

Stars Group reveals details of their growth opportunities and targets

Don't Miss

GVC and Hero sign up with BOS

Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.