In Washington state, Maverick Gaming has once again endorsed sports betting campaigns, with bipartisan legislation expected to be heard in the state senate.
This comes as the Senate Labor, Commerce & Tribal Affairs Committee was scheduled to hold a public hearing yesterday on SB 5212, with the proposal to create a regulated, legal and taxed Washington sports betting marketplace.
SB 5212, which won support from the Washington State Labor Council, local mayors and Chambers of Commerce, and boasts state Senators Curtis King and Marko Liias as bipartisan supporters, will add land-based sports wagering to the state’s already licensed cardrooms and racetracks.
Sports betting revenue
Supporters advocate that sports betting tax revenues would help to improve vital public services throughout and during the pandemic, while also stabilizing and generating state-wide family wage jobs.
Lakewood Chamber of Commerce, Seattle Southside Chamber of Commerce, Burien Mayor Jimmy Matta, Kirkland Mayor Penny Sweet and Tukwila Mayor Allan Ekberg are additional civic leaders and organisations that support SB 5212.
In a letter to the Senate Labor, Commerce & Tribal Relations Committee, a bipartisan group of State Legislators also declared their support on Tuesday 2 February. It was signed by Lovick, Boehnke, Springer, Hoff, Walen and Vick Representatives.
What was said…
Eric Persson, Maverick Gaming CEO and co-founder explained: “The history of regulating and taxing gambling in our state is appropriately cautious. Washington has successfully managed a legal gambling system that is a source of tax revenue for public services, and includes efforts to combat problem gambling.
“Commercial cardrooms have been operating in this system since 1997. SB 5212 will create a taxed and regulated marketplace for sports betting that fits our state’s measured approach by restricting sports betting to on-premise only, and would limit commercial sports licenses to only the currently licensed operators, thus curtailing future expansion.
“SB 5212 will also ensure no commercial business has a sports betting license before negotiations for tribal compacts are complete. I thank the Senate Committee for hosting a public hearing on this legislation and on behalf of our 2,000 teammates, I urge them to advance this proposal.”