New Steps Made to Maryland Laws for Regulated Sports
After presenting a proposition for legalizing sports betting to the Senate, the proposal was approved, allowing the process to move forward. As it travels through its final hurdles, the process can be finalized once traveling through the hands of the Marylanders vote.
Craig Zucker, a senator in Montgomery County, was a proud sponsor of the bill SB4. The bill received 47 Senate votes, making the decision unanimous. “It gives us another opportunity to invest in Maryland’s future with capturing some of those revenues,” said Zucker. “There are Marylanders that are doing this in the dark market, so we want to bring them out to do it legally.
“As Maryland has been debating this, more than 16 states have already started to do sports betting.”
The Maryland Jockey Club, involved with the Pimlico and Laurel tracks, also expressed favorable interest in a recent statement. “Wagering on horse racing dates back to Colonial times, employs over 20,000 Marylanders and is directly affected by other wagering enterprises. As such, we are pleased that the legislature recognizes that Pimlico Race Course and Laurel Park need to be included in any future sports wagering options.”
The New Bill Would Change the Look of Maryland’s Sports Betting Market
Once this bill becomes official, online and land-based sports betting will be allowed at the Pimlico Race Course, Laurel Park, and Maryland State Fair thoroughbred horse racing tracks as well as the state’s six casinos. In addition, it would also allow the platforms available to the Washington Redskins at both the stadium as well as their practice facility.
The bill will offer operators on both professional and college sports. Gamers will also have legal access to competitions, authorized by a eSports governor.
How Long Until This Gaming Becomes Live?
The biggest step of the process seems to be over after the approval of the bill passed through the Senate. The next step is for it to travel and pass through the House. If it survives the House, a referendum would be held before passing into law.
Should this bill not deem successful and be rejected for any reason, Maryland will have to put their plans on hold until 2022 until they can retry the process.About / Advertising Disclosure