Maryland Online Sports Betting Could Launch by Thanksgiving, Regulator Says

Summarized by: Live Sports Direct
 
Maryland Online Sports Betting Could Launch by Thanksgiving, Regulator Says

Maryland's Sports Wagering Application Review Commission will consider awarding licenses for online sports betting sites on November 16, rather than November 21. The launch of mobile sports gambling in Maryland could happen in time for Thanksgiving. Regulators will issue the permits after applicants complete all the necessary operational requirements. Other books could launch in the days and weeks that follow. It is not clear yet what the "initial" start date will be.

Maryland's online sports betting could launch by Thanksgiving. The state wants to realize more tax revenue from the NFL-related wagering. In-person wagers have been ongoing at brick-and-mortar facilities in Maryland since December 2021. Voters approved legal sports gambling in 2020. Riverboat on the Potomac is in line to receive its mobile sports betting license on Wednesday.

Maryland Lottery and Gaming Control Commission will meet on November 21 to consider mobile sports betting licenses. The state’s sports-betting law allows for up to 60 mobile licenses and 17 permits for brick-and-mortar sportsbooks. The next scheduled meeting is on December 14. Mobile wagering will account for the bulk of the revenue from sports wagsering.

Maryland Online Sports Betting Could Launch by Thanksgiving. Arundel Amusements/Bingo World (BetRivers), BetMGM Maryland Sports LLC (betMarilyn), Crown MD Online Gaming LLC, DraftKings, Greenmount OTB LLC and Long Shot’s LLC are involved.


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