The Washington Wizards are one of the NBA teams most eager in looking to leverage gambling opportunities.
Monumental Sports would like to create a multilevel sportsbook within Capital One Arena. The arena is located in the middle of Washington D.C. and built on top of a subway station. Sports gambling is expected to begin in Washington D.C. by the spring.
"We want to try to give the arena life outside the game window," said Zach Leonsis, Monumental's senior vice president of strategic initiatives. "As soon as the game ends, we push 20,000 people out of the arena. For years the Capitals have played a home game on Super Bowl Sunday. Now the game ends and everyone leaves to watch the Super Bowl. Why wouldn't we encourage them to go watch it in a spectacular sportsbook?"
Ted Leonsis has been investing in gambling-related companies and already owns stakes in sports data giant Sportradar, DraftKings and a digital media gambling company called WinView.