With Maryland casino and gaming revenues reaching a record high since widespread legalization, lawmakers in the state are tightening up certain state gaming regulations. Per a recent report, the Maryland Lottery and Gaming Control Commission met last month and approved a variety of amendments to the state’s regulations for legal sports betting. In the same article, Maryland regulators have now started implementing the rule change lawmakers want to see for retail and online sports betting sites. This includes content scrutineers and a crackdown on certain college partnerships.
For this report, SBS will be going over what to look for from the latest gaming news coming out of Maryland, along with more notes about Maryland wagering.
According to the same article, some of the Maryland sports betting tweaks were technical, such as clarifying bond requirements for brick-and-mortar facilities. However, a few were geared around enacting legislative changes passed earlier this year by lawmakers in Annapolis. One rule tweak was to implement the provisions of Senate Bill 620. This bill “prohibits institutions of higher education from contract with sports wagering licensees if the licensees would profit from securing student participation in sports wagering.”
This amendment comes as the advertising practices of sportsbook operators remain under scrutiny from the public, regulators, and lawmakers, including those in Maryland, the report notes. One practice that did not sit right with policymakers was that some bookmakers had put together partnerships with colleges. Another approved amendment was to implement a framework for “independent evaluators” of content “provided by a sports wagering expert, sports wagering influencer, or content partner.” Moreover, those same auditors can rate “the accuracy of predictions for sporting event outcomes,” as the proposed regulation also reads.
According to one report, the rules were approved after the Maryland legislature passed Senate Bill 621 in the spring. This legislation requires the commission to license independent evaluators that sports betting licensees can then choose to use. There is, however, no requirement for operators to hire an evaluator. “A sports wagering licensee or sports wagering operator that advertisers in the State (Maryland) may contract with a license independent evaluator,” another fiscal policy note said back in April of this year.
Per one article, this summer’s approvals “breathe life into that vision, although the rules still need to clear a few more hurdles before they are finalized.” This includes submitting the amendments to a legislative committee for review. In the meantime, the framework is there for firms that want to get into the content-evaluating business. Moreover, the article notes that “an independent evaluator and its principles and employees may not wager on a sporting event.” Moreover, the report and fiscal note mentioned that “an independent evaluator may not be compensated by a sports wagering licensee or sports wagering operator that uses the evaluator’s evaluations.”
After you are all squared away regarding the latest news and updates coming from the Old Line State, make sure to tap into the wide variety of resources available to you at SBS. Of course, for even more news on the topic at hand, our Maryland sports betting guide is a must-read page to find out the latest Maryland gaming news. On a separate note, if you are looking to charge up your wagers, then the best bonus betting sites breakdown is a great page to dig into. Here you can find a catalog of the latest welcome bonus offers available to you. Finally, for those looking to bolster their payment options, our payment methods breakdown is a great page to learn about deposit and withdrawal options.
About the Author
As a devout aficionado of sports, Chris Boline has carved a career within the athletic realm. A skilled scribe, he boasts a decade-long portfolio that encompasses coverage of the NBA G League, the Los Angeles Chargers, football and basketball across the country. Beyond his professional pursuits, Chris is deeply invested in his community and dedicates his leisure hours to serving on boards, collaborating with community organizations, and cherishing the company of loved ones. CURRENTLY Business Development and freelance sports writing RESIDES IN Reno, NV EDUCATION University of Nevada BS and MBA EXPERTISE -Sports writing proficiency in: NFL, NBA, UFC, boxing, golf, and some motor sports -Topical news -Promotional and marketing ideas/updates -Business development Summary Chris Boline serves in a business development sales capacity as his day job. He has previously held sales/marketing positions with The Applied Companies (TAC), KTVN 2 News and the NBA G League’s Reno Bighorns, affiliate of the Sacramento Kings. He is a Reno native and is a member of various community boards including the Nevada Sagebrush Alumni Chapter, NCET and the College of Business Alumni Association (COBAA). Chris graduated from the University of Nevada in 2015 with a bachelors in management and economics and also earned his MBA from Nevada in 2023. More about Chris: Past president of the College of Business Alumni Association (COBAA) 2022-23 Two-time honoree for University of Nevada Alumni Chapter of the Year (Nevada Sagebrush Alumni Chapter, 2017 & COBAA, 2021) 2021 NCET award for Professional Services Organization of the Year with TAC Northern Nevada Human Resources Association 2020 Best Places to Work-Northern Nevada, Second Place with TAC 2016-17 Reno Bighorns MVP from the Sacramento Kings The Nevada Sagebrush editor-in-chief 2013-15 Associated Collegiate Press 2015 Four-year Non-daily Newspaper Pacemaker honoree University of Nevada, Reno College of Business Dean's List honoree (5x) from 2011-2015 Nevada Press Association award for Best Sports Column – Community in 2015 Education
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