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Maryland Authorizes Retail and Online Sports Wagering, Seeks to Boost Industry Diversity | White and Williams LLP

To embed, copy and paste the code into your website or blog: 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.

$1 billion U S Mega Millions jackpot up for grabs after record winless streak

Coldwater, MI, USA / WTVB | 1590 AM · 95.5 FM | The Voice of Branch County Jan 22, 2021 5:41 PM NEW YORK (Reuters) - A billion-dollar Mega Millions jackpot that has been building for four months will be up for grabs on Friday, available to whoever can beat the one-in-302 million odds. The grand prize set to be drawn at 11 p.m. EST (0400 GMT Saturday) has an estimated value of $1 billion, if the winner takes payouts over 29 years, or a lump sum of $739.6 million. The figures may be adjusted depending on the value of tickets sold before the drawing. We generally see a lot of the sales occur on the day of the drawings, Mega Millions spokesman Seth Elkin, of the Maryland State Lottery and Gaming Control Agency, said by telephone.

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