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MD SB340

MD SB340
Internet Gaming - Authorization and Implementation


summary

Introduced
01/16/2025
In Committee
01/16/2025
Crossed Over
Passed
Dead
04/08/2025

Introduced Session

2025 Regular Session

Bill Summary

Authorizing the State Lottery and Gaming Control Commission to issue certain licenses to certain qualified applicants to conduct or participate in certain Internet gaming operations in the State; requiring the Commission to regulate Internet gaming and the conduct of Internet gaming in the State; requiring an Internet gaming licensee to require individuals to provide proof of the registration in order to participate in Internet gaming; etc.

AI Summary

This bill authorizes Internet gaming in Maryland by creating a comprehensive regulatory framework for online casino-style gambling. The State Lottery and Gaming Control Commission would be empowered to issue licenses to qualified applicants, including existing video lottery operators and businesses that meet specific criteria such as maintaining headquarters in Maryland for at least 10 years and employing at least 250 full-time employees. The bill emphasizes social equity by requiring license applicants to have ownership stakes from socially disadvantaged individuals or commit to profit-sharing with non-management employees from economically disadvantaged areas. Internet gaming would be strictly regulated, with requirements to verify player age, protect player data, prevent problem gambling, and display responsible gambling information. The initial licensing fee would be $1,000,000, with licenses valid for 5 years. Revenue from Internet gaming would be distributed across various funds, with the majority going to education through the Blueprint for Maryland's Future Fund. The bill also establishes a Video Lottery Facility Employee Displacement Fund to support workers potentially impacted by the introduction of Internet gaming. Critically, the bill requires a statewide referendum in November 2026 where voters will decide whether to approve the expansion of commercial gaming, with the law becoming null and void if voters reject the measure.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Senate Budget and Taxation Hearing (10:30:00 1/29/2025 ) (on 01/29/2025)

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