Against the Odds, Sports Wagering Panel Offers More Help for Minority Businesses

Summarized by: Live Sports Direct
 
Against the Odds, Sports Wagering Panel Offers More Help for Minority Businesses

Maryland hopes to bring mobile betting to the state in time for the start of the 2022 NFL season. Mobile betting accounts for 90% of all sports betting in the US. Big-name firms like FanDuel and Draft Kings dominate the industry. The state's General Assembly wanted to give minority- and female-led businesses the chance to compete. The Sports Wagering Application Review Commission is hosting an educational seminar in early May. Tennessee Action 24/7 was cleared to operate in November 2020. They were already heavily regulated. It was able to do so because they were an already regulated business.


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