Legal
February 26, 2021
Sports Betting Regulation Still en Route in Maryland
Supported by Adrienne Jones, House Bill 940 was heard in the House on Thursday this week. The bill proposes the regulation and taxation of in-person and online sports betting in Maryland. Maryland’s Legislature Debates on HB 940 Last year, Maryland voters voted in favor of gambling expansion, allowing sports betting at certain licensed facilities. On […]
Business
January 26, 2021
Horseshoe Would Seek Minority Sports Betting Partnership
A casino in Maryland committed to a minority business partnership with regards to offering sports betting, ahead of the upcoming discussion of the regulatory framework by the state legislature. Operations Should Reflect the Community Caesars’ Horseshoe Casino Baltimore, consistent with its mission “to promote diversity, equality and inclusion”, issued a statement in which it committed […]
Industry
January 22, 2021
Schools in Maryland May Soon Be Teaching Students the Risks of Gambling
High schools in Maryland may embrace a new school subject about the risks of gambling. The school program is suggested as part of the schools’ curriculum. The Risks of Gambling Could Be Soon Taught in Maryland’s Schools Sen. Bryan Simonaire, R-Anne Arundel, sponsored Senate Bill 0243 and directed the Maryland State Department of Education to […]
Casino
December 15, 2020
Penn Acquires Operations at Hollywood Casino Perryville
Penn National Gaming announced today the company would be re-entering the market in Maryland as it entered into a definitive agreement with the real estate investment trust (REIT) Gaming and Leisure Properties (GLPI) to acquire the operations of Hollywood Casino Perryville. “Penn National is excited to acquire the operations of Hollywood Casino Perryville, a property […]
Casino
November 25, 2020
Maryland Casinos Asked for More Virus Risks Transparency
Maryland casinos began re-opening in June and as of mid-November there are at least 133 casino workers who tested positive for the coronavirus, reports a local media asking for more transparency. No Public Information Reports The information received after a series of public records requests to the Maryland Lottery & Gaming Control Agency showed at […]
Legal
November 6, 2020
Maryland Sports Betting May Arrive for Summer 2021
Some 66.2% of the residents of Maryland voted for the legalization of sports betting in the state earlier this week. Now the government officials are facing the task to establish a regulatory framework for the new activity. Maryland Residents Approve Sports Betting Expansion with 66.2% of Votes Earlier this week, voters in Maryland residents approved […]
Business
November 4, 2020
Maryland, South Dakota and Louisiana Approve Ballot Measures
A trio of states voted in favor of ballot measures for the legalization of sports betting and fueled buying interest for stocks of sports betting operators on the markets Wednesday morning. Boston-based daily fantasy sports and betting operator DraftKings had its biggest rally in 3 weeks, posting gains of 6.2%, followed closely by Penn National […]
Legal
November 3, 2020
Voters To Weigh In On Gaming Expansion In 6 States
Voters in six US states will be asked on Election Day to weigh in on gaming expansion legislation. The new measures range from legalizing sports betting to authorizing casinos. Sports betting legislation will be on the general election ballot in Maryland, Louisiana, and South Dakota. In a note on the subject, Truist Securities gaming analyst […]
Legal
October 21, 2020
Maryland: Sports Betting Referendum Vote Only the First Step
Maryland’s sports betting legalization looks like a confirmed reality two weeks before the November vote, having the financial backing from the industry and the support from Governor Hogan. Current polls suggest backers of sports wagering dominate by almost two to one the opposition. Presidential Elections Guarantee High Turnout Maryland approved slot machines in 2008 and […]
Casino
June 27, 2020
Maryland Casinos Cautiously Re-Open Catering to Rewards Members
Casinos in Maryland started re-opening after the long hiatus due to the spread of the highly contagious virus, with the hope that as major sports leagues are still halted and movie theatres closed, people have not much to choose from regarding entertainment, and will rely on the precautionary measures undertaken by the gaming venues to […]