Last updated on August 28th, 2022 at 02:34 am
The Maryland Sports Wagering Application Review Commission published proposed mobile sports betting rules on Friday. Also, they hope to launch mobile betting before the Super Bowl.
The rules and regulations covered the lengthy application process for 60 mobile sportsbook licenses. Also, the SWARC would give out 30 Class B retail licenses allowing businesses to open a sportsbook across the state. Stakeholders have been expecting the release of the rules Friday after the commission approved the proposed regulations in July.
The SWARC will accept written comments on the proposed rules for a month until September 26. Also, SWARC will publish all comments on its website after the end of the public comment period.
Mobile Sports Betting in Maryland
There were barely any shocks in Friday’s proposed guidelines. It should that the SWARC will offer three types of licenses. First, SWARC will lead a comprehensive licensing process for mobile sports betting across the state. Also, many sports betting solutions experts will watch the launch due to the boom of online sports wagering nationwide.
According to sports betting software reviews and news sites, Maryland’s application process has gotten impressive examination lately. Also, the delays in the mobile sports wagering launch frustrated many people. At an August 17 SWARC meeting, Maryland Lottery and Gaming Control Agency officials noticed that mobile sports betting won’t be accessible all through the state until days before the Super Bowl in February.
For defenders of mobile wagering, the deferrals are somewhat irritating, In addition, potential mobile betting operators need to pay $500,000 for a mobile permit. However, the guidelines have not been concluded since the SWARC can change the regulations after the public consultation period.
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