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But the online casino market has tremendous potential for growth and expansion, participants in a major casino conference said Friday.
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After mobile sports betting became legal in Virginia last year, one D.C. resident drove across state lines each fall Friday — sometimes stopping at a coffee shop, once parking outside the Pentagon — to wager on a weekend’s worth of football.
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With at least 30 operators expected to apply for those seven licenses, commission officials worry what will happen to dozens of operators that may qualify for temporary licenses. Those would last up to a year and cost the companies a $1 million fee each. After taking bets in Massachusetts, the companies would likely have to shut down once the seven official mobile-only licensees are chosen.
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