en English
ar Arabiczh-CN Chinese (Simplified)nl Dutchen Englishfr Frenchde Germanit Italianpt Portugueseru Russianes Spanish
BettingQ
  • Home
  • Sports Betting
  • Poker & Blackjack
  • Roulette & Craps
  • Casino Hotels
  • Videos
No Result
View All Result
  • Home
  • Sports Betting
  • Poker & Blackjack
  • Roulette & Craps
  • Casino Hotels
  • Videos
No Result
View All Result
BettingQ

Voters Say “Yes” To Sports Betting In Maryland And South Dakota

Editor by Editor
November 5, 2020
in Poker & Blackjack
0 0
0
Home Poker & Blackjack
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter


Advertisement Banner

Voters in Maryland and South Dakota handed sports activities betting poll initiatives Tuesday.

Both states handed the measures by a large majority. In South Dakota, the “Yes” votes made up about 58 % of the voters, whereas Marylanders voted to permit sports activities betting by a 2-to-1 margin.

In South Dakota, the election outcomes meant that the state’s structure was amended to permit sports activities betting on the brick-and-mortar casinos in Deadwood. During the 2021 legislative session, lawmakers will draft a invoice, which can set tax charges and set up regulatory pointers for the brand new trade.

According to a report from The Action Network, the invoice will likely pass in the first half of 2021 and casinos can launch sportsbooks later that 12 months. The constitutional modification solely permits for sports activities betting in Deadwood, so it’s not possible that on-line betting will launch within the state any time quickly.

Maryland’s poll initiative was much like South Dakota’s, within the sense that it lacked a regulatory framework, however Maryland didn’t want to change the state structure.

Since the COVID-19 pandemic shorted the 2020 legislative session, Maryland lawmakers handed a sports activities betting invoice that merely allowed the voters to have the ultimate say. It unanimously handed the senate and by a 129-3 margin in the home however had no actual specifics as to how the market could be run.

Like South Dakota, these points will likely be sorted out within the 2021 legislative session. Assuming the state taxes sports activities betting income on the identical 20 % price it does desk video games at casinos, the state would reap $18.2 million in tax income, according to a Baltimore Sun report.

Those tax {dollars} will likely be used to assist fund the state’s public training system, which is why Republican Gov. Larry Hogan got here out in assist of legalizing sports activities betting simply a few weeks earlier than Election Day.

 

 

 





Source link

Tags: MarylandSouth DakotaSports Betting
ShareTweetPin
Previous Post

MGM Grand To Host Freeroll Tournaments Funded By Unused Jackpot Money From Closed Strip Poker Rooms

Next Post

CRUSHING THE BLACKJACK TABLE! I Just Love When The Cards Run Like This! $1500 Buy In Episode 26!!

Next Post
CRUSHING THE BLACKJACK TABLE! I Just Love When The Cards Run Like This! $1500 Buy In Episode 26!!

CRUSHING THE BLACKJACK TABLE! I Just Love When The Cards Run Like This! $1500 Buy In Episode 26!!

Can Precognition Predict Casino & Gambling Games?

Can Precognition Predict Casino & Gambling Games?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

BettingQ

bettingq.com will be a hub of info about Sports Betting and Table gaming which will include tips ,instruction and strategies.

Connect with us

Subscribe Newsletter


Loading
  • Home
  • Contact
  • Privacy Policy
  • Affiliate Disclosure
  • Terms and Conditions
  • Disclaimer

© 2021 All rights reserved.

  • Login
No Result
View All Result
  • Home
  • Sports Betting
  • Poker & Blackjack
  • Roulette & Craps
  • Casino Hotels
  • Videos

© 2021 All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In