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Maryland lawmaker proposes reopening retail sports betting applications

Regulation

Maryland Delegate Jason Buckel said he plans to introduce legislation in 2024 to reopen applications for retail sports betting licences, according to the report. The state currently has 12 retail sportsbooks, while Maryland Lottery Director John Martin said the market could consolidate and described its numbers as unsustainable.

A change to the application window could affect opportunities for prospective retail sportsbook operators in Maryland.

End-of-day close DraftKings (DKNG), USD, to 27 October 2023
Story date31 July 202327 October 2023

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