Sports betting license contraction possible, industry eyes new gaming in Maryland – Maryland Matters ...Middle East

Screens at BetMGM Sportsbook in National Harbor in display odds on dozens of sporting events in December 2021. Photo by Bruce DePuyt. Maryland sports gaming may be about to enter a period of contraction, according to the head of the Sports Wagering Application Review Commission. At least one sports betting licensee has already announced it will surrender its license before taking a bet in Maryland. Thomas Brandt, chair of the commission, hinted that more may be on the horizon. “I think I’ve heard about a couple of incumbents looking at exits in various ways,” said Brandt during a Wednesday commission meeting. “You know, this market seems to have taken its near-term, if not long-te

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