Washington Wizards to put sportsbook in Capital One Arena

Washington Wizards’ owner, Ted Leonsis revealed his intention to put a sportsbook inside the Capital One Arena, the stadium where the team plays.

“There will be a sportsbook inside the building accessible from the outside and depending on the league and depending on the event, it might be accessible from the inside as well,” said Leonsis.

Leonsis said that a brick-and-mortar operation partner is key to maintain integrity. “I don’t think people are going to come to us and say, ‘The guy missed a 3-point shot, I didn’t cover the spread,’” Leonsis said. “We need to find a partner that says, ‘Yes, that’s what we want to do too and not just want to do the cookie cutter,” Leonsis added.

Ted Leonsis is not a stranger to the gambling industry. He has investments in many companies, such as DraftKings and WinView.