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Can you summarize Permanent Bill 1063?
Bills > Sports Wagering and Fair Competition Amendment Act of 2022
Short Summary
The ‘Sports Wagering and Fair Competition Amendment Act of 2022’ is a proposed bill in the District of Columbia. It aims to create a new Class C license for operators of online or mobile sports wagering applications. The bill clarifies that licenses are non-transferrable and imposes a 15% tax on the gross gaming revenue of Class C operators. Additionally, it requires a competitive procurement process for all future sports betting or lottery gaming services. The bill invites the public to testify remotely or submit written testimony. The public hearing will be held on December 13, 2022, and witnesses will be allowed a maximum of three minutes to testify. Accommodation requests for interpretation should be made in advance. The bill does not specify any penalties for non-compliance or violations. The record for this hearing will close on December 16, 2022.
Whom does it apply to?
Operators of online or mobile sports wagering applications
What does it govern?
Online or mobile sports wagering applications, licenses, gross gaming revenue, competitive procurement
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
Not specified.
Jurisdiction
Washington, D.C.