Online Maryland Bookie Operations Unlikely in 2022

Details: Category: Gambling Industry; Created: Saturday, 21 May 2022 07:35

The long legislative process for online Maryland bookie operations continues. Pay per head bookie experts foresee the Sports Wagering Application Review Committee is unlikely to establish the guidelines for awarding sports betting licenses this year. In addition, the committee is still coming up with rules to ensure women- and minority-owned businesses will be part of the new industry.

Due to the delays, a bookie PPH source said that the launch in time for the 2023 Super Bowl is unlikely. Previously, regulators were gunning for online sports betting launch in late 2022.

Earlier this month, SWARC’s legal adviser Taft Stettinius and Hollister held an educational seminar for small businesses interested in applying for retail and online sports betting licenses. They said it was a fruitful event and attracted five new companies.

Online Maryland Bookie Operations Delayed

One of the causes of delay is SWARC’s ongoing disparity study. The committee wants to determine if it needs to make special accommodations to include women- and minority-owned businesses in the sports wagering industry.

The analysis is still ongoing and will be completed within the next couple of months. First, however, SWARC believes that it needs to make some business arrangements to achieve the goal of inclusion and equity within the industry.

SWARC set its next meeting for June 16. The license application draft should be ready by then. The Maryland Department of Legislative Services hired the law firm as a consultant for the committee last year.

It took Maryland long before it welcomed top sportsbooks within its borders. Voters approved sports wagering in November 2020. However, it took lawmakers a year to pass legislation. Finally, Governor Larry Hogan signed the sports wagering bill into law in May 2021.

The legislation created the SWARC and the sports betting industry framework. However, Governor Hogan is unhappy with the delayed launch of sports gambling in his state.

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