Bill
Bill > SB102
summary
Introduced
01/14/2026
01/14/2026
In Committee
01/14/2026
01/14/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
Authorizing the State Lottery and Gaming Control Commission to establish a certain limit, by regulation, on the amount of money given away as free promotional play by a sports wagering licensee that may be excluded from sports wagering proceeds.
AI Summary
This bill, concerning sports wagering in Maryland, modifies the definition of "Proceeds" which refers to the total amount of money wagered on a sporting event. Previously, "Proceeds" excluded free bets and promotional credits redeemed by bettors. This bill removes that exclusion, meaning free bets and promotional credits will now be counted as part of the "Proceeds" that sports wagering licensees retain. However, there's a crucial exception: for the first full fiscal year of operations, money given away as free promotional play and used by players to bet will not be included in "Proceeds." After that initial year, this exclusion for promotional play will be limited to a percentage determined by the Commission, based on the licensee's prior fiscal year's retained proceeds from either facility-based or online sports wagering. This change aims to clarify how promotional play impacts the revenue calculations for sports wagering licensees.
Committee Categories
Budget and Finance
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Budget and Taxation (Senate)
Last Action
Senate Budget and Taxation Hearing (10:00:00 1/21/2026 ) (on 01/21/2026)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0102?ys=2026RS |
| BillText | https://mgaleg.maryland.gov/2026RS/bills/sb/sb0102f.pdf |
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