Maryland
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- The month in US sports betting: Are the days of casino-first brands underperforming in online sports betting over?
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N/A
Regulator details
Maryland State Lottery & Gaming Control Agency
Montgomery Park Business Center, Suite 330
1800 Washington Blvd., Baltimore, MD 2123
410-230-8800
Chairman: Gordon Medenica
LEGALIZATION DATE
May 18, 2021
MARKET LAUNCH DATE
Retail: December 9, 2021
Online: November 23, 2022
AUTHORIZED OPERATORS
A1 and A2 licenses: Commercial casinos, racetracks, sports arenas
B1 and B2 licenses: State Fairgrounds, OTB’s, commercial bingo facilities permitted to operate at least 200 electronic bingo machines or electronic tip jar machines, 30 other local businesses selected by the Sports Wagering Application Review Commission
Mobile Sports Wagering license: Class A1 and A2 operators are eligible to receive a mobile license as well as other online operators. A maximum of 60 licenses are available.
RESTRICTED BET TYPES
None
AGE REQUIREMENT
Must be 21+
BETTING ACCOUNT REGISTRATION
Customers of online sportsbooks are not required to register or fund their accounts in person
TAX RATE
15% on sports betting revenue
TAX REVENUE ALLOCATION
Blueprint for Maryland’s Future Fund, a 10-year early childhood, and primary and secondary education funding and expansion plan.
LICENSE FEES
$2 Million for Class A-1 Sports Wagering Facility License–Retail wagering at casinos having more than 1,000 VLTs and the owner (or designee) of professional major league sports franchises or stadiums.
$1 Million for Class A-2 Sports Wagering Facility License–Retail wagering at casinos having 1,000 or fewer VLTs and horse racetracks.
$250,000 for Class-B-1 Sports Wagering Facility License–Retail wagering at businesses having 25 or more FTE employees or earning $3 million or more in annual gross receipts.
$50,000 for Class B-2 Sports Wagering Facility License-Retail at businesses having less than 25 FTE employees or earning less than $3 million in annual gross receipts.
$500,000 for Mobile Sports Wagering License
Renewal fee: One percent of the licensee’s average annual proceeds for the preceding 3-year period, less any proceeds remitted for taxes. Payable every five years.
OFFICIAL DATA MANDATE
None
INTEGRITY FEE
None