Maryland Daily Record Maryland's trusted source for business and legal news
A new poll finds that half of Americans approve of legal sports betting.
Tagged with: gambling legalization sports betting Supreme Court
Read More »Poll: Half of Americans approve of legal sports betting
Pa. firm’s bid of $50M wins right to put mini-casino near Md. border
Penn National Gaming secured the right to put up a casino near Pennsylvania's southern border, submitting a winning bid Wednesday of just over $50 million and selecting a site that could draw heavily from Maryland.
Tagged with: casino gambling pennsylvania
Read More »Powerball player in Md. wins $1 million
SYKESVILLE — No one won the massive Powerball jackpot on Saturday night, but someone in Maryland got richer anyway. The Maryland Lottery says a $1 million winning ticket was sold at a convenience store in Sykesville. The ticket matched all ...
Tagged with: gambling Lottery sykesville
Read More »Video gaming distributor challenges laws in tax court
After being hit with a multi-million dollar tax assessment, a company that distributes video gaming devices has launched a constitutional challenge to Maryland’s gaming regulations, claiming they are arbitrary and treat small businesses differently than big casinos. Columbia Amusements Inc., ...
Tagged with: casino gambling maryland tax court video poker
Read More »Miller: Fantasy gaming violates Maryland Constitution
Miller, who voted for the law nearly four years ago, made his comments during a wide-ranging interview and at a time when he has requested an advisory letter on the legality of the industry from the counsel to the General Assembly.
Tagged with: daily fantasy sports DraftKings FanDuel fantasy football gambling maryland constitution Thomas V. Mike Miller Jr.
Read More »Editorial Advisory Board: The real gamble with Horseshoe Casino
In November 2012, Question 7 was approved by Maryland voters – after the most costly campaign in the state’s history –allowing for the addition of table games in all casinos. Two years later, the $442 million Horseshoe Casino opened in ...
Tagged with: crime gambling horseshoe casino baltimore Slots
Read More »Judge dismisses ‘dubious’ lawsuit against ‘Game of War’ maker
Saying fantasy was confused with reality, a Baltimore federal judge has dismissed a woman’s hoped-for class-action lawsuit seeking compensation for money lost playing what she called an unlawful gambling game on her mobile device but which he called a virtual entertainment where players know they cannot receive a financial windfall.
Tagged with: gambling
Read More »Will the law tackle fantasy sports for a loss?
The fantasy sports industry is under siege. Almost every day another lawmaker or agency announces a hearing on its legal foundations or an investigation into its business practices. Last week, U.S. Rep. Frank Pallone Jr. and Sen. Robert Menendez, both ...
Tagged with: Congress daily fantasy sports gambling regulation Sports Taxes
Read More »Federal ban on sports betting upheld by appeals panel
ATLANTIC CITY, N.J. — The federal ban on sports betting in all but four states was upheld Tuesday, dealing a blow to New Jersey’s latest effort to expand gambling options to help its struggling casino and racetrack industries. But the ...
Tagged with: casinos gambling gaming NBA NFL Sports
Read More »Md. flush with gambling revenue even as games undergo changes
State revenue from gaming topped $1 billion last year even as portions of the traditional lottery portfolio shrank under pressure from casinos, demographic shifts, consumer fatigue and a discontinued game. Much of the 19 percent growth over last year resulted ...
Tagged with: casino earnings gambling horseshoe casino Lottery maryland revenue
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