Washington State zeroes in on sports betting launch
By Bob Garcia
The rules on sportsbook licensing are now in place and a launch could come in September
It seems that the day has finally cleared up and the clouds that prevented us from seeing how the sports betting market in Washington State would work have vanished. Gaming regulators gave the green light to rules related to how the licensing issue would be handled in the middle of this week. That being the case, it may have paved the way for a possible launch of the state’s first sportsbooks in September.
However, it’s not all plain sailing, as there is still a small stone in the road to dodge as the Department of the Interior (DoI) has not yet given the go-ahead to the new gaming acts signed by Governor Jay Inslee and 15 tribes in the state. This action has been pending for some time, and it appears that the DoI has no urgency to take action yet.
The Washington Gaming Commission met Wednesday to discuss how the Washington sports betting market will be framed. One of the main items on the agenda was the rules on sports betting licensing requirements, which turned out to have the unanimous approval of all commission members. This clearly gives sportsbooks greater visibility into their future and the respective license applications. However, state bettors should not yet be making plans on which team to bet on this NFL season. Before any high expectations are raised, it must be remembered that the DoI must first give its approval to the pacts, which, if it comes to that, would be during the next two months.
Even so, the sports betting market in The Evergreen State seems to be closer than it was a few months ago, which has had a positive impact on all the people who are interested in making it a reality as soon as possible.