A first of its kind sportsbook opened in Maryland last Monday.
The Grand Central DC Sportsbook, located at the Grand Central sports bar at 2447 18th Street in Northwest began taking legal Maryland sports bets on Monday.
The said sports bar unveiled a pair of betting kiosks and a staffed teller window inside the property. In line with the opening, Grand Central has tripled the number of TV sets from 7 to 21 and boasts of DirectTV packages for major sports league.
Partnership with Elys Game Technology
The sports betting expansion has called for the hiring of 20 employees, most of them with experience in the sports betting industry. Likewise, Grand Central has expanded its operating hours. Once just a sport bar bar that opened at 6 p.m., it is now open 24/7 from 10 a.m. to 1 a.m. daily.
Grand Central partnered with Elys Game Technology, a licensed Management Service Provider which maks its own betting odds and supplies the digital kiosks. Elys is also the chosen supplier for the geo-fenced mobile app which will allow Grand Central patrons to place bets using their mobile devices.
Only Business With Class B License
Navigating the application process as a Class B operator with the DC Alcohol Beverage Regulation Administration and the Office of Gaming and Lottery took Grand Central some nine months to process. It also entailed a $100,000 license application fee for the initial five-year license. But the hard work and investment has paid off.
As of the October 1st, Grand Central is one of only three businesses in D.C. to hold a sportsbook license, and the only one which will operate with a Class B license. The other two own a Class A license, which is given to operators attached to a pro sports venues in the state. William Hill opened a sportsbook at the Capital One Arena last June while BetMGM has started taking online bets using an App that can be accessed at Nationals Park. A retail BetMGM sportsbook is expected to open later this year.