Sportsbetting Bill Heads to Maryland's Governor

A bill that's been passed by lawmakers in Maryland is now headed to the desk of the state's governor and would legalize and regulate sportsbetting within the state.

The bill passed through the House of Representatives yesterday with a 112-16 margin and would create the possibility for Maryland residents and those physically located in the state to place wagers on sports. The bill would dictate that operators have to register with the State Lottery and Gaming Control Commission, pay licensing fees, and more.

Maryland Governor Larry Hogan now has the option to sign the bill into law or can veto it if he's opposed. The bill would take effect June 1st if there's no opposition to the bill being passed, with wagers likely to take place shortly thereafter.