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

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