House Bill 940 that would set the landscape for legal sports betting in Maryland has been passed in the House and will now go before the Senate. With the passage from the Senate, MD HB 940 and its legalized sports gaming would go into effect … Read more
The topic of Maryland sports betting is getting plenty of focus as the General Assembly needs to greenlight a proposal for the structure of the industry by April 12. Millions of dollars are expected to be seen in annual revenue from a seasoned sports wagering … Read more
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 anticipated bill HB 940, a measure … Read more
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 … Read more
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 … Read more
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 their states while Nevada and Rhode … Read more
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 Fairgrounds … Read more
Penn National Gaming is set to acquire Hollywood Casino Perryville. This will allow Barstool sportsbook to operate in Maryland. The deal is for an estimated $31.1 million. PERRYVILLE, Md. – Maryland sports bettors will soon be able to take action with the popular Barstool sports … Read more
Numerous states are considering sports betting legislation in 2021 as a new revenue stream to help bridge the huge gaps caused by the Coronavirus Pandemic. All of these states made progress in the 2020 legislative sessions only to be thwarted by the time constraints placed … Read more
There are a total of 25 states that have legalized sports betting, 19 of which have active sportsbooks. Residency in a state is not required when betting on sports in a state with legal sportsbooks. Withdrawals can be made when travelers head home, but further … Read more
Coolbet’s mobile sports betting platform will be entering the US sports wagering market in 2021 through GAN locations in the nation. GAN purchased Coolbet to enhance their sportsbook repertoire in the United States as they would like to give their retail locations an option for … Read more
Sports Betting in Massachusetts is still not legal and will most likely be further discussed by lawmakers in the 2021 legislative session. The three casinos in the state are Plainridge Park, Encore Boston Harbor, and MGM Springfield. The casinos told leaders in Beacon Hill that … Read more