Maryland files sports betting bills

Maryland files sports betting bills

Senators in Maryland have filed bills to authorise sports betting operations in the state.

US.- Maryland aims to become the next state in the US to regulate and legalise sports betting operations. Senators in Maryland have introduced bills that would pave the way for legalised sports betting.

Senate Bill 58, introduced by Senator Chris West, would allow sports betting licences to be issued to video lottery or horse racing licensees. Senate Bill 4 would allow a better market as it would allow multiple applications.

If the latter is approved, it would allow five racetracks and six casinos in the state to offer sports betting in Maryland.

Casino revenue up in December

Maryland casino revenue went up once again in December, even as it was a mere 0.5% improvement. MGM’s National Harbor casino led the market with total gaming revenue of US$62.6 million. That meant a 4.5% jump from December 2018 and was US$8.7 million higher from the previous month.

Cordish Gaming’s Live! Casino & Hotel came in second after taking in US$51.8 million in December. It was a 3.4% increase year-on-year but was only US$1 million better than November.

Caesars’ Horseshoe Casino Baltimore followed at US$18.7 million, a 15.7% decrease. The Maryland casino continues to struggle and was near its US$18.3 million all-time low from last August.

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