by Robert Jones | Feb 28, 2021 12:20 pm | Regulatory
HB 940 would allow sports wagering in Maryland casinos and racetracks. Maryland voters approved sports betting through a referendum in November 2020. The bill would also grant 10 mobile-only licenses to gambling operators in Maryland. BALTIMORE — The highly...
by Hasan Nabulsi | Feb 27, 2021 1:41 pm | Sports Betting
The sports betting market will grow to $9.2 billion by 2025 according to a report by J.P. Morgan. DraftKings was estimated to spend $93 million on advertising through the first three quarters of 2020. Major media outlets such as ESPN, FOX Sports, and Bleacher Report...
by Christina Monroe | Feb 25, 2021 12:51 pm | Regulatory
The Maryland General Assembly will be coming up with the rules and regulations for the newly legal sports betting market before they adjourn for 2021 in April. Plenty of cities in the state want to be eligible to open sportsbooks to bring in tourism and overall funds...
by Christina Monroe | Feb 2, 2021 3:53 pm | Sports Betting
Kansas, Maryland, Massachusetts, and Minnesota all have sports betting legislation waiting to be heard in their 2021 sessions to legalize the market. Colorado, Illinois, Mississippi, and Tennessee all had stellar months for handle and revenue from sports wagering in...
by Christina Monroe | Jan 27, 2021 11:11 am | Regulatory
The 2021 Maryland General Assembly session will be given the task of coming up with the rules and regulations for the sports betting industry that was legalized in November 2020 by public vote. A new piece of legislation is requesting that the Maryland State...