The first ten operator applicants to the Maryland online sportsbook The license came out on Tuesday, two days before her qualification hearing.
That Maryland Lottery and Gaming Control Commission will meet Thursday to advance the applicants with alternative admission qualifications.
That Sports Betting Application Review Committee (SWARC) meets Nov 21So a Market launch at the end of 2022 is plausible, pending licensing and final regulatory approval.
MD sports competitor
Here’s a look at the ten sports bettors published on an updated commission meeting agenda:
- American Betting (Caesars)
- Betfair (FanDuel)
- Crown MD Online Gaming (DraftKings)
- FBG Enterprises Opco (Fanatics)
- Parx Interactive Maryland
- Penn Sports Interactive (bar stool)
- RSI MD (BetRivers)
December’s start would mean NFL betting
A December launch would allow Maryland to expand its online sports betting market towards the end of the year NFL regular season.
That would give MD bettors the opportunity to bet online on both Super Bowl in February and March Madness/NCAA Tournament.
New York opened its online sports betting market in early January, just before the NFL playoffs, resulting in record numbers. Ohio starts online sports betting January 1, 2023.
MD follows a similar path as retail
Similar to how the MLGCC gave alternative licensing standards to casinos before Launch of retail MD sportsbook in December 2021are they willing to give online sports betting licenses the same priority.
The operators are established gambling companies that are trusted by state regulators or licensed in several other jurisdictions.
Maryland Lottery and Gaming Control Agency director John Martin previously told LSR that a similar approach was likely. Martin too said he was confident a launch would occur before January 1st.
SWARC pressure pays off
Marylanders will be thrilled to see a launch date is finally approaching after voters approved sports betting two years ago.
Governor Larry Hogan puts pressure on the SWARC early this summer to speed up the process. finally regulators found that they could not apply certain requirements relating to minority and women’s property to license applications.
The Commission then forwarded its draft regulations to a Legislative Review Commission and opened one 30 day comment period. SWARC also opened the application period for competitive licenses, including up to 30 retail & 60 mobile operator.