Maryland Sports Wagering Licenses Granted to Two Additional Businesses by Commissioners

Gambling enthusiasts in Maryland have reason to celebrate, as two additional businesses have recently been approved for sports betting licenses by the Maryland Sports Wagering Application Review Commission.

Veterans Service Corporation, trading as Vital Services Contractors Inc., was granted a mobile sports wagering license, while Whitman Gaming Inc. was awarded a retail license. This brings the total number of licenses awarded in Maryland up to three.

However, the process still needs to be completed. To become officially licensed operators, both businesses will have to return to the Maryland Lottery & Gaming Organization and demonstrate their compliance with required regulations through controlled operations practices. This includes ensuring that all gaming activities are conducted within the bounds of state law and that proper security measures are taken when handling customer information and funds.

Once fully approved, these new operators in Maryland can begin taking bets and joining the state’s growing sports betting scene.

With more options and most-awaited promos like the Caesars Maryland promo code available every now and then, there’s no better time than now for gambling fans in Maryland to get involved with sports betting, especially when considering that it is highly regulated and monitored by officials at all levels of government.

New Players in the Sports Betting Scene

Veterans Services Corporation (VSC) and Whitman Gaming are two new players in the sports betting scene, offering services in the District of Columbia and Maryland. VSC, owned by Emmanuel Bailey, is currently licensed to provide online sports wagering services in association with Intralot. This venture will give customers the opportunity to bet on their favorite teams from home or any location they choose.

In Maryland, VSC has partnered with Bee Fee Limited, a UK-based remote gaming software company, to offer mobile sports wagering and other services. This venture has been made possible through collaboration between Live! Casino & Hotel’s owners and FanDuel Sportsbook Maryland.

Whitman Gaming, owned by Carroll H. Hynson Jr., seeks to run a retail sportsbook as part of their Sports and Social bar and restaurant located in the North Bethesda area. They plan to have kiosks for people who would like to place their bets online quickly before heading off for dinner or drinks at the restaurant or bar area within the facility itself.

This is a great example of how veterans can use their skills from serving their country abroad in business ventures here at home. Veterans now have access to this new world of gambling while promoting responsible gambling practices among patrons who enjoy sports betting entertainment both online and offline.

Exploring the Expanding Maryland Sports Betting Market

The Maryland sports betting market is expanding rapidly as the state awards 16 mobile and five Class B sports wagering facility licenses. Approval from the Maryland Lottery & Gaming Control Commission is required for these licenses, followed by an award from SWARC, the State of Maryland’s Sports Wagering Advisory Board. After initial approval and award, operators must obtain a license from the lottery and gaming department before conducting business in Maryland.

Nine operators are currently taking wagers in MD, with SuperBook being the most recent to launch on April 11. Also, there are 10 sports wagering facilities doing business in the state.

Maryland’s sportsbooks combined for $385 million in the handle and set a single-month record in March 2021, with more than $5 million in contributions going mainly toward funding education.

Additionally, diversity plans were approved for four previously granted licensees: Crab Sports Maryland, SBOpco LLC (Super Book), Kathe P Hospitality, Canton Gaming LLC (Canton), and Towson.

Head over to online sportsbooks in Maryland if you’re looking to get into some NBA or NHL playoff action, where they’ve got all your favorite promotions.

Plus, with 16 mobile apps offering convenient online betting options, you can support your team no matter where you are, whether it’s at home on your couch or at a game.

Maryland Sports Betting Prepares for a Soft Launch Before Thanksgiving

Maryland is preparing to launch its sports betting operations with the approval of licenses for 47 brick-and-mortar sportsbooks and up to 60 mobile sports betting applications by the Maryland Sports Wagering Application Review Commission (SWARC). This exciting news means that Marylanders can now look forward to gambling in the state.

The SWARC meticulously reviewed applicants‘ experience, investments, and regulatory history before granting the licenses’ approval. Prospective operators are now required to complete a controlled demonstration of their systems and procedures before being issued a license by the Maryland Lottery and Gaming Control Agency.

SWARC also approved permits for 47 brick-and-mortar sportsbooks and up to 60 mobile licenses, with 30 licenses to be awarded competitively. Pending a successful demonstration process, it is anticipated that mobile sports wagering may launch as soon as Thanksgiving this year.

To Sum Up

The introduction of two additional sports betting licenses in Maryland is a significant advancement for the gambling industry in the state.

It offers businesses the chance to provide their customers with more options and establishes a secure, legal structure for people to engage in sports betting activities.

With these new licenses, Maryland is poised to become one of the nation’s most thrilling sports betting destinations.


Disclaimer:

  • As per the Public Gambling Act of 1867, all Indian states, except Goa, Daman and Sikkim, prohibit gambling
  • Land-based casinos are legalized, with certain guidelines, in Goa and Daman, as per the Goa, Daman and Diu Public Gambling Act 1976  
  • Land-based casinos, Online gambling and E-gaming (games of chance) are legalized in Sikkim under the Sikkim Online Gaming (Regulation) Rules 2009
  • Only some Indian states have legalized online/regular lotteries as per and subject to the conditions laid down by state laws. Kindly refer to the same here
  • Horse racing and betting on horse racing, including online betting, is permitted only in a licensed premise in select states. Kindly refer to the 1996 Judgement by the Supreme Court Of India here and for more information
  • This article does not endorse or express the views of Qrius and/or any of its staff.