More Than $2 Million Is Spent On Sports Betting Ads In MD

• Maryland will vote to legalize sports betting on election day.
• FanDuel and DraftKings are spending millions to sway voters to vote Yes on Question 2.

ANNAPOLIS, Md. – Sports betting companies are spending millions on ads to persuade voters to legalize sports betting on election day.

Both FanDuel and DraftKings have shown that they are going all in to make sure that sports betting becomes legal in Maryland. Previously reported, both companies had spent $750,000 in ads to advocate for legalizing Maryland sports betting.

That number has now shot up to $2 million spent between both companies to advocate voters saying Yes to Question 2. This money is mostly spent on television ads in the state. Some money is also allocated on radio and online ads for the state as well.

DraftKings and FanDuel are not the only ones advocating for legal sports betting in Maryland. The Maryland Jockey Club has also been putting up ads for saying yes to question 2 on-site.

Question 2

On election day, Maryland voters will not only decide who will be the next President of the United States, but they will also decide the legalization of Maryland sports betting.

Question 2 is the proposal that will legalize sports betting in Maryland. The question on the ballot is as follows:

“Do you approve the expansion of commercial gaming in the State of Maryland to authorize sports and events betting for the primary purpose of raising revenue for education?”

A Yes vote approves sports betting, a vote No is against legalizing sports betting in Maryland.

Although legislators approved sports betting for Maryland, it is ultimately up to the voters to decide.

If they vote yes and sports betting is legalized, sportsbooks should start appearing in the later months of 2020. More than likely, a FanDuel and DraftKings sportsbook will be coming to Maryland.

State lawmakers would have to draft another bill in the spring legislative session to fill out the finer details of how the industry will operate. Questions such as who can operate a sportsbook in Maryland, what the tax rate is going to be, and more will be discussed in the early part of 2021 if voters allow.

News tags: DraftKings | Election Day | FanDuel | Maryland | Maryland Jockey Club | Question 2