Maryland adds its name to the list of legal sports gambling states
By Bob Garcia
Maryland Governor Larry Hogan signs sports gambling legislation into law
Sports betting in the state of Maryland became a reality yesterday after Governor Larry Hogan enacted legislation that will see the state offer both retail and online sports gambling. According to Hogan, he hopes to be as inclusive as possible when it comes to who will be able to participate in this great sports gambling industry and the new market is expected to go live as of June 1 and up to 100 licenses are expected to be issued.
Now that the sports gambling legislative process has been officially made law, Maryland must now take on the task of establishing the Sports Wagering Application Review Commission. Its main task is to review and grant licenses to eligible establishments. In the case of retail licenses, the process appears to be fairly straightforward. However, with respect to the review of online licenses, it has been stated that those online operators with significant minority and/or female participation will be given special preference and will be the first to be involved in this new law. Likewise, all participants will have to go through an arduous vetting process by state regulators before even being considered.
At yesterday’s kickoff ceremony, House Speaker Adrienne A. Jones said she was pleased that the new law has been passed in the state, especially because it gives minorities and women a great opportunity to participate in the industry. Under the provisions of the sports betting law, residents of this state will now be free to place sports bets in person at casinos, racetracks, and many other retail outlets. Likewise, for greater ease, they will also be able to bet on sports from the comfort of their own home via any smart device.