SpeIn the latest gambling software news in our bookie pay per head blog, we are taking a look at Maryland. The Maryland sports betting bill finally passes into law- which means what exactly for Maryland residents? Senate Bill 621 is legislation that will require the Maryland Lottery and Gaming Control Commission to assess and identify sports betting content. The content relevant to the bill is material from by experts, influencers, and other parties.
SB 621 is from sponsor Senators Craig J. Zucker and Shelly Hettleman. The same bill involves the MLGCC as well as the Maryland Sports Wagering Application Review Commission. The bill will authorize them to consider amending a Class B-2 license application. This request will grant, under certain circumstances, alterations or changes to the location of the facility.
Maryland Sports Betting Bill
This is not the only sports-betting related bill that the state legislation is passing recently. Keep in mind that sportsbook software already runs and is used in the state. Wagering is legal in November 2022. The state currently has 12 online sports betting operators, as well as 10 retail sportsbooks. In a state where sports is popular, sportsbooks are thriving. Therefore, additional legislation is there to adjust and modify the regulations as the state sees fit.
Getting into the sports betting industry is quite easy, you can learn how to be a bookie agent with a pay per head and get started instantly. Equally important, Maryland is a state that also allows for diversity in the sports betting industry. Additionally, they also vigilantly keep track of the market and will propose any adjustments to improve the local market. This gives us the perception that the state is serious about sports betting in Maryland.
Additionally, the other bills passed are SB 620, which prevents colleges and universities from earning from partnerships with operators who aim their operations at students. The other bill, HB 802, prohibits institutions from earning or gaining compensation from sports betting deals. Specifically, these deals are with marketing companies whose operations sim for students. All of these bills will go into effect on July 1.