Maryland Close to Launch Sports Betting After Issuing Five Licenses

By | November 27, 2021

maryland_edges_closes_to_sports_betting_launch_as_five_licences_issued (1)Sports Wagering Application Review Commission (SWARC) which belongs to the Maryland Lottery and Gaming Commission (MLGCC) has just granted five sports betting licenses to brick and mortar casinos. The state will start to take the first wagers over the next two months.

Casinos that secured licenses are Penn National’s Hollywood Casino in Perryville, Cordish Companies’ Live! Casino & Hotel in Hanover, Caesars Entertainment’s Horseshoe Casino in Baltimore, the MGM National Harbor in Oxon Hill, and Churchill Downs’ Ocean Downs Casino in Berlin.

After the SWARC issued the licenses at a meeting on November 18, the MLGCC voted to delegate staff the power to issue sports betting licenses to every facility once all procedural conditions have been met.

The MLGCC mentioned that this would enhance the pace of introduction of legal sports wagering’s in the state, as it would not be needed for the MLGCC to vote to grant final licenses after every facility has fulfilled a demonstration of the sportsbook product.

The MLGCC has also unveiled that PointsBet qualified for a sports betting operator license. This brand entered the deal with the Riverboat Group’s Riverboat on-the-Potomac venue in Maryland to get access in the state.

According to MLGCC, PointsBet is qualified as it owns sports betting licenses from minimum of three other US states with similar standards to those in Maryland. A thorough licensing investigation is going to be taken regarding the PointsBet and its license.

Commenting on the latest move, MLGCC director John Martin said:

“We’re excited to move forward, and we’re coordinating closely with the casinos to make sure they finish everything as quickly as they can.”

“Work has been ongoing, and we’re close. Our target is to launch within 30-45 days, which means Marylanders will be able to bet on the NFL playoffs and the Super Bowl. We couldn’t be happier about that.”

Martin adds that licensing investigations are extensive, so they are speaking with applicants to guide them through the entire process. He notes that licensing staff ensures that applicants become informed if something is missing. They are also eager to see them submitting all the necessary information and completing all the required steps so that they can find them qualified for licensing.

More About the Authority

The State Lottery and Gaming Control Commission is an advisory board of the State Lottery and Gaming Control Agency. Since November 2008, the Commission has been regulating the activity of video lottery terminals in Maryland.

Source:

“Maryland edges closes to sports betting launch as five licenses issued”, igbnorthamerica.com, November 19, 2021.

The post Maryland Close to Launch Sports Betting After Issuing Five Licenses first appeared on RealMoneyAction.com.

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