Head of National Women's Soccer League team supports push for more sportsbook operators in the District.
Kim Stone, CEO of the Washington Spirit team that competes in the National Women’s Soccer League, has voiced her support for an open sports betting market in the capital.
In a statement on the team’s website, Stone highlights the potential revenue-generating opportunities an open betting market will bring to women and minority-owned businesses in the District. Her announcement comes amidst discussions the D.C. City Council is currently holding to consider legislation that will allow more sportsbooks to operate in the city.
“Currently, the District only allows a single sports betting platform to operate, creating a monopoly that stifles competition and leaves out local businesses, sports teams, and media partners,” said Stone. “When only one sportsbook controls the market, there is less incentive to create lucrative marketing deals and partnerships. These partnerships could be worth tens of millions of dollars, especially for local businesses more likely to be women, minority, and Black-owned in D.C.
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