Maryland Legalizes Sports Betting

official betting

Earlier this year, Maryland passed HB 940, which legalized sports betting in the state. The law will allow for sportsbooks togel hk to launch in the state and take wagers online and in person. The legislation also allows for up to 60 retail and online sports betting licenses.

The legislation was approved by the Maryland Lottery and Gaming Control Commission, which has the authority to oversee the licensing process. A total of 20 qualified entities received licenses. A third party, the Sports Wagering Application Review Commission (SWARC), conducts background checks on the sportsbooks.

The NFL has licensed video and gambling content internationally to the sportsbooks. This allows broadcasters to add betting lines and spreads to the bottom of their screens. It also allows sportsbooks to advertise on the league’s games. The NFL is working with its media partners to develop more gambling content.

The official sportsbook product includes over 25 in-race bet-types. These include moneyline bets, totals, parlays and futures. The sportsbooks will be able to take bets on every lap of every race. The NASCAR official data-powered solution will give fans across regulated states a highly engaging live experience.

The NASCAR official sportsbook product allows for bespoke head-to-head betting markets. Fans can place bets on the winner of the tournament, match, matchup or single game. It also offers special point-bet markets.

Several sportsbooks are waiting in line to launch in Maryland. According to reports, DraftKings is expected to launch, but Fanatics and Betfred are not ready yet.