Businesses Want to Increase Mobile Maryland Sports Betting Licenses
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- Category: Gambling Industry
- Created: Sunday, 28 March 2021 20:58
A House bill would create the framework of the sports betting market in Maryland. The Budget and Taxation Committee held a public session last Thursday and is a platform for people who want to open a sportsbook a sportsbook. Also, they want lawmakers to increase mobile Maryland sports betting licenses.
Female- and black-owned businesses dominated the public hearing. According to sportsbook pay per head reports, they want more opportunities for minority-owned companies. Also, they want to offer more mobile sports betting licenses.
Speaker of the House Adrienne A. Jones sponsored House Bill 940, and the lower chamber approved it earlier in the month. Jones stated that the bill would allow Maryland to level the playing field with its neighbors. Also, it would bring additional revenue for the state’s education initiatives.
Mobile Maryland Sports Betting Licenses
Jones said that her bill maximizes opportunities for minority-owned businesses. They can participate as licensees or equity owners. Also, Eric G. Luedtke, House Majority Leader, said that the legislation would create a new Sports Wagering Application Review Commission. According to SportsbookSOS.com sources, the commission would come up with a bidding process to prevent industry disparities.
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