![]() December 2022: BetMGM is fined by Maryland for starting online sports betting before the official launch date.Timeline: Legal Sports Betting Movements in MarylandĪfter opening its first retail sportsbook in 2021, here’s a timeline that includes what has happened since then. Tax Funded: Maryland Department of Education’s Blueprint for Maryland’s Future Fund.Permitted Sports Betting Operators: Up to 60 online licenses available with 7 already issued including DraftKings.Estimated Sports Betting Revenue: Over $100 million in 2022.College Sports Betting: Inland and offshore.Live/In-Play Betting: Inland and offshore.Online Sportsbooks: Inland and offshore. ![]()
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