Top Regulator Says MD Online Sports Betting Could Launch This Year

Maryland Lottery and Gaming Control Agency director John Martin expects to see some online sports betting apps available before the new year.

Top Regulator says MD Online Sports Betting could launch this year. Martin is optimistic that they can get someone up and running before the end of the calendar year, if not more.

The SWARC has worked since last August to put together applications and regulations for the competitive licenses for Maryland sports betting. The commission is also required to determine how best to ensure an equitable and inclusive industry. Gov. Larry Hogan applied pressure on the SWarc earlier this summer to move the process along.

Maryland regulators are working behind the scenes to launch online sports betting this year. The applicants have already submitted financials for background checks by the MLGCA. Some mobile operators are on a faster track than others.

Top Regulator Says MD Online Sports Betting Could Launch This Year. Independent Maryland sports betting licenses will not be tied to existing partnerships with entities named in MD sports betting legislation.

Top Regulator says MD Online Sports Betting Could Launch This Year. Major online brands with a retail presence in Maryland are: Barstool, MGM, Bingo World, Caesars, Horseshoe Casino, Fanaticsplans a sportsbook at FedEx Field and Superbook recently partnered with the Baltimore Orioles. TwinSpires recently announced it is shutting down online sports betting.

Maryland retail sports betting drags in summer. The seven sportsbooks open in August took $18.7 million in bets, generating $3.2 million. Since the December launch, bettors have wagered nearly $209 million and the state has collected $ 3. 7 million taxes.