Maryland officials have set July 15th as a deadline for releasing preliminary regulations on sports betting in the state. The move will mark an important step toward live sportsbooks in Maryland, which legalized sports betting in May of 2021.
The state is moving rapidly amid popular support for sports betting and mobile sports betting by citizens. The Maryland Lottery and Gaming Agency will live stream a 10 AM EST meeting on July 15th, where officials are expected to discuss draft regulatory outlines. Officials have made public an outline of proposed regulations.
Maryland Sports Betting Regulations: What To Expect
Prompted by bi-partisan support and the leadership of Governor Larry Hogan, most Maryland elected officials have been advancing the timeline toward operational sportsbooks in the state since voters passed a referendum last November.
In just over eight months since that referendum passed, the legislature has introduced, debated, and passed a bill into law on sports betting. Now, an independent committee and the Maryland Lottery and Gaming Agency are working at breakneck speed to arrive at regulations and an application process.
Here’s what we know will be in the upcoming proposed regulations from the details shared thus far:
- Sample Applications and Investigation Forms
- Qualification and Requirements for All License Applicants and Licensees
- How a License is Issued
- License Renewal
- What to do if you are Denied a License
- Sports Wagering Licenses
- Sports Wagering Requirements and Limitations
- Wagering Made Through Online, Web-based, or Mobile Applications
Status Of Maryland Sports Betting
There is speculation as to whether Maryland will have online sportsbooks in operation before the beginning of the NFL season, which starts in September. The Maryland Lottery and Gaming Agency will only say that “an exact date has not been determined” for a launch.
It’s possible that retail sportsbooks (located at any of the 17 legal gaming facilities in the state, such as professional sports arenas, casinos, and racetracks) could be given preferential treatment and open before the state launches online sportsbooks.
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