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Maryland Senate clears sports betting bill in landslide vote

| By iGB Editorial Team
The Maryland Senate has passed a bill that would legalise sports betting in the US state, approving the measure by a landslide vote of 47-0.
Maryland revenue

The Maryland Senate has passed a bill that would legalise sports betting in the US state, approving the measure by a landslide vote of 47-0.

Senate Bill 4 will now progress to the House of Representatives, with a hearing in the Ways and Means Committee scheduled for March 19.

Introduced by Craig Zucker in January this year, SB 4 sets out measures for both land-based and online sports wagering in the state.

Operators seeking to offer sports betting services in Maryland would need to pay a licence fee of $2.5m (£1.9m/€2.2m), plus an annual $250,000 renewal fee. Online operators may also offer sports wagering on behalf of an existing sports wagering licensee, provided they pay a licence fee of at least $5,000.

Read the full story on iGB North America.

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