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In Washington D.C., Councilman Kenyan McDuffie has introduced a significant legislative proposal aiming to transform the city's sports gambling landscape. A D.C. lawmaker has proposed a bill, set to be officially introduced on Friday, designed to revamp the existing sports gambling operation by overhauling the licensing system. This would potentially allow sports venues and teams to offer citywide, mobile sports betting, opening up the market to multiple betting apps. Currently, the market is limited, offering consumers only a single choice for online sports betting. The introduction of this bill comes amidst a backdrop of competitive tension in the online sports betting industry, with companies like FanDuel and DraftKings seeking to maintain their dominance, sometimes through aggressive tactics such as spending millions on state lobbyists to eliminate rising competitors like PrizePicks.
