Regulated gaming is booming in the United States. This is particularly true of newer forms of gambling, such as skill games, fantasy sports, and social casino games played on the.
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On April 12, 2021, the Maryland state legislature passed a bill legalizing both retail and online sports betting, which Governor Larry Hogan is expected to sign in the coming days. Maryland’s sports betting bill is among the most inclusive to date and is clearly intended to foster competition by reducing barriers to entry for smaller firms and promoting diversity.
Regulatory Framework
Under the new law, the Maryland State Lottery and Gaming Commission (the Commission) is authorized to issue sports wagering facility licenses to the state’s casinos, professional sporting venues, horse racetracks, off-track horse race betting facilities and up to 30 additional companies or individuals.