Office of the Chief Financial Officer

Residents and visitors could be casting legal wagers on sports in D.C. as soon as this fall, putting the city among the first adopters of sports betting in the country and far ahead of both Maryland and Virginia.

With the federal government still eyeing another possible shutdown, it wouldn’t have seemed like a good time for the nation’s capital city to borrow nearly $1 billion in the bond market.

The D.C. Council on Tuesday narrowly authorized the city to grant a sole-source contract to run its new foray into online sports betting, a move that concerns critics who believe the lucrative deal should be competitively bid.

Only two days after the Super Bowl — one of the most lucrative days for legal and illegal wagering — the D.C. Council took a first step towards ensuring that residents and visitors will be able to legally cast bets on the next big game.

The District of Columbia’s haste to get into sports betting is a sickening spectacle.

It pays to land a major headquarters: Not only for the landlord, but for the District, too.

If D.C. officials have their way, residents and visitors will be able to cast legal wagers on sports at physical locations and by using an app by as early as this fall, beating every other jurisdiction in the Washington region and…

The D.C. Lottery wants the D.C. Council to approve a bill that would allow the agency to negotiate a new contract with its current vendor, circumventing an open procurement process and ensuring the city gets a sports betting platform…

WASHINGTON — How soon people can place legal sports bets in D.C. will depend on how city lawmakers decide to handle the March 2020 expiration of the D.C. Lottery contract.

D.C. officials on Monday defended efforts to award a sole-source contract to run the city’s upcoming sports gambling program, insisting that the normal competitive bidding process would delay legal bettingand cost the city tens of millions…

The District’s chief financial officer said Monday that online sports gambling could begin as early as this fall. Bettors could wage phone-based bets on outcomes and performances of both pro and college sporting events.

Attendees of a D.C. Council breakfast on January 7 could’ve heard a pin drop as Chairman Phil Mendelson moved to wrap things up and begin the legislative session.

An end to the partial U.S. government shutdown is finally in sight—at least a temporary one—but the longest government closure in American history has already done major damage to the local economy. On Friday morning, D.C. government and…

The partial federal government shutdown is now in its 32nd day, and some 800,000 federal employees are three days from missing a second paycheck.

If the government shutdown continues through Feb. 15, it could cost the District more than $85 million in lost tax revenue, according to a new report from D.C.’s chief financial officer.

The District has spent more than $184 million on tax incentives that are supposed to encourage high-tech employment in the city. But those incentives don’t appear to be paying off, according to a recent report from D.C.’s Office of the…

The Treasury Department is investigating the theft of nearly $700,000 from the D.C. government in July by scammers who successfully impersonated a city vendor and had the money wired to their bank account, city officials said.