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MD HB989

MD HB989
Gaming - Wagering on Sporting Events - Study and Implementation


summary

Introduced
02/08/2017
In Committee
02/08/2017
Crossed Over
Passed
Dead
04/10/2017

Introduced Session

2017 Regular Session

Bill Summary

Establishing the Task Force to Study the Implementation of Sports Gaming in the State to monitor federal law, study sports gaming in other states, and make recommendations regarding implementation of sports gaming in the State; authorizing, pursuant to specified regulations, the holders of a sports gaming license to accept wagers on sporting events; authorizing a video lottery operator or horse racing licensee to apply for a sports gaming license to accept wagers from specified individuals on specified sporting events; etc.

AI Summary

This bill establishes a Task Force to Study the Implementation of Sports Gaming in the State to monitor federal laws, study sports gaming in other states, and make recommendations regarding the implementation of sports gaming in Maryland. The bill authorizes, subject to regulations adopted by the Maryland State Lottery and Gaming Control Commission, the holders of a sports gaming license to accept wagers on sporting events. The bill allows video lottery operators and horse racing licensees to apply for a sports gaming license to accept wagers from individuals physically present at their facilities. The bill also specifies how the revenue from sports gaming wagers will be distributed, including allocations to the Problem Gambling Fund, Purse Dedication Account, Transportation Trust Fund, local impact grants, and the Education Trust Fund.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Hearing 3/01 at 1:00 p.m. (on 03/01/2017)

bill text


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