In the latest gambling news, lawmakers are now pushing to bring in online casino gaming in Maryland. Given how popular online sports betting in the state is, it only follows that other gambling products will follow suit. States that have legalized sports betting and gambling earn millions each year from taxing revenue, as well as licensing and operating fees. Lawmakers in Maryland want to increase this by adding online gambling to the mix.
Looking at gambling interaction, casino games like slots, poker, and other table games are widely popular in retail casinos. In other states that offer these online, revenue even surpasses that of sports betting. With sports betting already available in the state, it will be easier for lawmakers to formulate and finalize bills that will expand this to allow iGaming.
Online Casino Gaming in Maryland Could Happen
Senate Bill 603 is making its way to the Maryland General Assembly right now. This bill aims to legalize online poker as well as casino games. The provision on operations is that the state’s six retail casinos can partner with online gambling operators to bring in online casino gaming in Maryland.
Senator Ron Watson has spent the past three years pushing for online casino gaming to be legalized. The bill will allow current casinos in the state to reach new customers through a new platform. In the gambling and sports betting industry, online products tend to fare better than retail since the reach is wider, with the software being more accessible to the public.
However, there is resistance from some, as they are hesitant in bringing in gambling in mobile devices. On the other hand, there is a lot of support from those who believe that accessibility will benefit the betting industry and the state as well. Especially since the bill proposes a 47% tax rate on online gaming revenue. Local surveys also show majority showing interest in online gaming, so there is definite interest from the public. The bill will go through the Maryland Senate next week. There is ample time for those to wait, and you also have enough time to learn how to be a bookie and operate a full-scale online gambling site with sports betting, casino gaming, and more.
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