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Online Casino Bill in Maryland Advances to the Senate

Maryland’s House of Delegates has passed a revised bill to legalize online casinos, moving it to the Senate for consideration. The legislation outlines 30 potential licenses, significant tax measures, and strong social equity provisions.

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On Saturday, a revised Maryland bill to legalize online casinos passed the state’s House of Delegates, just ahead of Monday’s crossover deadline. The bill now advances to the Senate, where support for such legislation has historically been limited.

Key Provisions of House Bill 1319

  • The bill, led by Delegate Vanessa Atterbeary, proposes issuing around 30 online casino licenses within Maryland.

  • Brick-and-mortar casinos could secure between one and three mobile licenses each, while off-track betting facilities and bingo halls are also eligible.

  • Licenses would require a $1 million fee, valid for five years.

Taxation Details

  • Mobile casino applications would be taxed at 55% of gross revenue.

  • Live dealer games would face a lower 20% tax rate.

  • This structure aims to balance state revenue with operator incentives.

Social Equity Focus

  • The bill prioritizes applicants meeting social equity criteria, designed to increase inclusivity.

  • To qualify, applicants must meet at least two of the following:

    • Residency in an economically disadvantaged area for five of the past ten years.

    • Attendance at a public school in such an area for at least five years.

    • Graduation from a Maryland college where 40% of students qualify for Pell Grants, and maintaining a limited personal net worth.

During the competitive licensing process, social equity applicants will receive priority consideration. Additionally, casinos with equity ownership by such applicants can access more licenses — one license for 5% ownership and up to three for 33% ownership, promoting greater diversity within the industry.

The bill now moves to the Maryland Senate, where its progress will determine the future of online casino gaming in the state.

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Gibbs Erik

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Gibbs Erik News Reporter

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