§ 9-1E-01. Definitions
West's Annotated Code of MarylandState GovernmentEffective: July 1, 2023
Effective: July 1, 2023
MD Code, State Government, § 9-1E-01
§ 9-1E-01. Definitions
(c) “Gaming establishment” means, for purposes of the federal Bank Secrecy Act of 1970 and its related regulations, a sports wagering licensee having at least $1,000,000 in annual gross revenue.
(d) “Horse racing licensee” means the holder of a license issued by the State Racing Commission under Title 11, Subtitle 5 of the Business Regulation Article to hold racing in Anne Arundel County.
(e) “Mobile sports wagering licensee” means a sports wagering licensee who is authorized to conduct and operate online sports wagering.
(f) “Online sports wagering” means sports wagering through an online gaming system:
(g) “Online sports wagering operator” means an entity registered with a state to do business within a jurisdiction of the United States that holds a license issued by the Commission under this subtitle to operate online sports wagering on behalf of a sports wagering licensee.
(h) “Proceeds” means the amount of money wagered on a sporting event, less:
(i)(1) “Sporting event” means:
(j) “Sports wagering” means the business of accepting wagers on any sporting event by any system or method of wagering, including single-game bets, teaser bets, parlays, over-under, moneyline, pools, exchange wagering, in-game wagering, in-play bets, proposition bets, and straight bets.
(k)(1) “Sports wagering facility licensee” means a sports wagering licensee who is authorized to conduct and operate sports wagering at the sports wagering facility owned, leased, or occupied by the sports wagering licensee.
(l) “Sports wagering license” means a license issued by the Commission under this subtitle that authorizes the holder to accept wagers on sporting events.
(m) “Sports wagering licensee” means the holder of a sports wagering license.
(n) “Video lottery facility” has the meaning stated in § 9-1A-01 of this title.
(o) “Video lottery operation license” has the meaning stated in § 9-1A-01 of this title.
Credits
Added by Acts 2021, c. 356, § 2, eff. May 18, 2021. Amended by Acts 2023, c. 700, § 1, eff. July 1, 2023; Acts 2023, c. 701, § 1, eff. July 1, 2023.
MD Code, State Government, § 9-1E-01, MD STATE GOVT § 9-1E-01
Current through legislation effective through April 25, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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