Question 2 legalized sports betting in Maryland. But it will be some time before the first legal bet is wagered. The ballot referendum simply gives state lawmakers the peoples’ blessing to proceed with deciding on regulations that will govern the expanded gambling.<\/p>\n
\nThe ballot measure was essentially an advisory question asking if voters wanted sports betting. This is just the first step in a long process where there will need to be additional legislation on everything else for the state to actually have sports betting,” said a note from Truist Financial.<\/p>\n<\/blockquote>\n
Numerous factors must be decided, including where sports betting will be permitted, how much licenses will cost, and what tax rate will be imposed on associated gross gaming revenues.<\/p>\n
The state’s six commercial casinos are nearly a sure thing for being allowed to incorporate a sportsbook into their properties. Those casinos are MGM National Harbor, Maryland Live!, Horseshoe Baltimore, Rocky Gap Resort, Hollywood Casino Perryville, and Ocean Downs.<\/p>\n","protected":false},"excerpt":{"rendered":"
Maryland voters easily passed a ballot referendum on Election Day that legalizes sports betting. Question 2 asked Marylanders whether they approve of “commercial gaming in the State of Maryland to authorize sports and events betting for the primary purpose of raising revenue for education?” Roughly two out of every three voters cast their ballot in […]<\/p>\n","protected":false},"author":25,"featured_media":154388,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,1074],"tags":[],"acf":[],"yoast_head":"\n
Maryland Sports Betting Referendum Passes Easily<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n