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MD SB982

Bill

Status

Introduced

2/3/2025

Primary Sponsor

Paul Corderman

Click for details

Origin

Senate

2025 Regular Session

AI Summary

  • Expands Maryland's definition of "sporting event" under sports wagering law to include historical horse races, allowing pari-mutuel betting on previously run races of any breed

  • Limits historical horse race wagering to specific licensed locations: thoroughbred/standardbred race courses, Maryland State Fairgrounds in Timonium, and satellite simulcast facilities—mobile sports wagering licensees are prohibited from offering these wagers

  • Caps the total number of historical horse racing terminals statewide at 4,000, with the Commission approving the number at each facility and the days/hours of operation

  • Requires terminals to display past performance data without revealing race identity (location, date, horse names, jockey names) until after the bettor places their wager, then show results and a replay

  • Minimum wager set at 10 cents with payouts never less than the amount wagered; all wagers must be placed in Commission-approved pari-mutuel pools rather than against the house

Legislative Description

Sports Wagering – Wagers on Historical Horse Races – Authorization

Disclosure

Last Action

Hearing 3/05 at 1:00 p.m.

2/5/2025

Committee Referrals

Budget and Taxation2/3/2025

Full Bill Text

No bill text available