Maryland
Maryland Sports Betting: DraftKings License Application Approved
![Maryland Sports Betting: DraftKings License Application Approved Maryland Sports Betting: DraftKings License Application Approved](https://img.covers.com/cms/covers/d6c099fa-bd09-414d-8d36-67062d01efaa..jpg)
DraftKings cleared the primary hurdle to function in Maryland on Thursday, getting preliminary approval from the Maryland Lottery and Gaming Management Company (MLGCA), which might see a retail sportsbook operated on the Maryland State Fairgrounds.
DraftKings Sportsbook cleared the primary hurdle to hitch the Maryland sports activities betting market, getting preliminary approval from the Maryland Lottery and Gaming Management Company (MLGCA) on Thursday, however the Boston-based authorized sports activities betting operator nonetheless has a methods to go earlier than it could possibly open.
The applying was filed with the title Crown Maryland Gaming LLC, an organization owned by DraftKings. The license would enable for a retail sportsbook to function on the Maryland State Fairgrounds in Timonium.
“There aren’t any areas of concern with the licensure of Crown MD Gaming, LLC as a sports activities wagering facility operator or with Crown Gaming Inc. as a sports activities wagering principal entity,” in keeping with a public report offered to the fee.
Crown Maryland Gaming LLC and the fairgrounds signed a 10-year settlement in 2020 to function on-line sports activities betting and retail wagering on the facility. The fairgrounds embrace the Timonium Racetrack and the sportsbook could be beneath the racetrack’s grandstand.
The subsequent step is to get approval for the appliance and license from the state’s Sports activities Wagering Utility Assessment Fee (SWARC). If SWARC offers its blessing, it might return to MLGCA for closing approval, though no timeline was offered on when that may occur.
DraftKings getting into crowded market
DraftKings has had its eyes on Maryland for fairly a while and have been energetic properly earlier than the method to get a license. Along with the 10-year cope with the fairgrounds, DraftKings signed an settlement with the Baltimore Ravens to be the official Every day Fantasy Sports activities, sports activities betting, and Free-to-Play associate of the crew.
That offers DraftKings two avenues for sports activities betting. The racetrack could be essentially the most logical since they’re engaged on organising a retail sportsbook there, however in addition they have the choice of utilizing M&T Financial institution Stadium, which additionally has a betting license.
These services are two of 17 places eligible for retail choices since sports activities betting in Maryland was authorized in 2020 and signed into regulation in Might 2021. 5 of the state’s six casinos have operational sports activities books, as does a bingo parlor, with another services being licensed — however not but open — together with off-track betting websites, Oriole Park at Camden Yards (dwelling of the Baltimore Orioles), and FedExField, the place the Washington Commanders play.
There are as much as 60 cell and on-line licenses out there in Maryland. Nevertheless, when the state will enable on-line betting remains to be a thriller — officers at SWARC indicated not too long ago that it might begin in 2023.
DraftKings staying busy
Maryland isn’t the one state that DraftKings has been attempting to enter. Fervid growth has been the motto since 2018, with the corporate having both a retail or cell (or each) sports activities betting presence in 18 states.
A type of states that DraftKings has residency in is Michigan, and it introduced Monday that they’re opening a first-of-its-kind Sports activities & Social venue within the fall at Somerset Assortment, an upscale shopping center positioned in metro Detroit.
Talks on the distinctive relationship started in July 2021, with a deal with launching in-stadium betting experiences, however the idea for the Somerset venue is barely completely different: offering state-of-the-art audio/visible shows, made-from-scratch menu objects, curated cocktails, and thrilling leisure whereas additionally providing sports activities betting to prospects in an area of greater than 10,000 sq. toes.
DraftKings additionally purchased Golden Nugget On-line Gaming final August for practically $1.6 billion. However did the corporate develop too quick too quickly?
A report offered to the MLGCA in Thursday’s assembly outlined how DraftKings has operated at a $3.05-billion loss over the past 5 years, as its inventory worth has fallen sharply to $17.43 — a lower of 37.2% from August 25, 2021.
It wasn’t sufficient to derail the preliminary Maryland utility, nonetheless, whereas firm officers have contended that they anticipate to be worthwhile by 2023.
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Maryland
Michigan State football opens as sizable underdog vs Maryland
![Michigan State football opens as sizable underdog vs Maryland Michigan State football opens as sizable underdog vs Maryland](https://images2.minutemediacdn.com/image/upload/c_crop,w_4256,h_2394,x_0,y_0/c_fill,w_1440,ar_16:9,f_auto,q_auto,g_auto/images/ImagnImages/mmsport/137/01j6q8yb7r3y04b36mbn.jpg)
Who’s ready for Big Ten play to begin? In all honesty, I am not. I really wish Michigan State football had more tune-up games after seeing them struggle against Florida Atlantic and only win 16-10. But unfortunately, that is not how the schedule unfolds for Michigan State this season.
The Spartans will hit the road for an early Big Ten game as they face Maryland on Saturday at 3:30 pm. Going into the season I thought Michigan State and the Terps were on a pretty level playing field, but after seeing both teams play week one that doesn’t appear to be the case.
And Vegas agrees.
Michigan State opens as a 7.5-point underdog next week at Maryland. My guess is that grows to 8, 8.5.
— Graham Couch (@Graham_Couch) September 1, 2024
As you all know, Michigan State only beat Florida Atlantic by six and did not look very impressive, especially on the offensive side of the ball. So it’s no surprise that MSU will be the underdog next week. But 7.5 points feels like a lot, and according to the Lansing State Journal’s Graham Couch, it likely will only go up from there.
So does Vegas have it right or are they underrating Michigan State?
Looking at Maryland’s week one game against UConn it appears Vegas has this line right. The Terps were up 23-0 at halftime and never looked back and went on to win in dominant fashion 50-7. UConn and FAU are very similar in terms of what level they’re at in college football, so that drastic of a difference in the final score is very scary.
So Vegas probably could’ve gotten away with Maryland being even bigger favorites in this one.
But maybe Vegas saw what I did and thinks a lot of Michigan State’s mistakes on Friday are easy to fix. Maybe they think Aidan Chiles will be much better next week. The Spartan’s defense was also fairly dominant so there isn’t much of a chance Maryland scores 50 points next week either.
I tend to not bet on Michigan State games, but even if I did this would be a line that I would avoid because who knows how much Jonathan Smith’s squad will improve by next week, and who knows how much Maryland might struggle against a Power Four opponent.
Maryland
University of Maryland reverses decision to allow anti-Israel protest on October 7
The University of Maryland on Sunday reversed its decision to allow an anti-Israel protest on the first anniversary of the October 7 Massacre, following backlash from local Jewish groups.
UMD Students for Justice in Palestine and UMD Jewish Voice for Peace had been set to hold their October 7 vigil for Gazans killed in the Israel-Hamas War at the campus’s Mckeldin Mall, but the University System of Maryland (USM) said in a statement that on the day of the Hamas-led pogrom it would limit campus events requiring permits or approval to those supporting “a university-sponsored Day of Dialogue.”
“From the beginning of the war, we have come together as a University System to urge that we use this moment to encourage conversation, compassion, and civility; to engage with one another across our differences and draw on our shared humanity and our shared values to bridge what divides us,” said USM. “These dialogues aren’t new. Many of our universities have been hosting this kind of programming for several months. Reserving Oct. 7 gives us a chance to continue these urgent conversations and to mark this solemn anniversary in a way that gives students—all students—the time and space to share and to be heard.”
USM said that its intent was not to infringe of the free expression and speech of students, but to be sensitive to the needs of students as October 7 was a “day of enormous suffering and grief for many in our campus communities.”
UMD Jewish Student Union, Maryland Hillel, Terps for Israel, and Israeli American Council Mishelanu at Maryland welcomed the USM decision and thanked UMD leadership in a joint social media statement on Sunday.
“October 7, the largest massacre of Jews since the Holocaust, is a day of mourning for the Jewish and Israeli community,” said the UMD JSU. “We are relieved that SJP will no longer to be able to appropriate the suffering of our family and friends to fit their false and dangerous narrative.”
The Jewish groups said that it was distraught that the decision to only hold university-sponsored event had to be made at all, and wished to used the campus space to “grieve together as a community” to promote unity at the university. The unideal situation was necessary, according to the Jewish groups, to ensure the physical and psychological safety of students on the day of mourning.
UMD JVP and SJP attacked the decision to cancel the event, claiming that the vigil for Palestinians killed since the October 7 Massacre was attacked without familiarity of the content. The anti-Israel groups said that the discourse was “the continuation inherently racist, Islamophobic, and dehumanizing rhetoric surrounding Palestinians.” JVP and SJP said that the actions against their event were an attempt to paint “Muslim, Arab, and anti-Zionist Jewish students as barbaric.”
The anti-Israel groups asserted that their vigil for Palestinians who died in the war was no threat to the campus’s Jewish community, but conflation of Zionism and Judaism did threaten UMD and the Jewish community.
“To claim that Palestinians cannot hold a day of remembrance in mourning one year of genocide, or lay claim to that date is an insult to every life lost in the Zionist entity’s genocidal campaign,” UMD SJP and JVP said on Instagram on Sunday. “The disproportionate scale of suffering experienced by the Palestinians over the past year necessitates their remembrance and our solidarity on this day. The suffering of all innocents killed must not be monopolized and necessitates a fair and just representation.”
SJP and JVP demanded the right to organize and exercise their right to free speech, accusing Zionists of attempting to stifle Palestinian voices.
The organizations indicated on their Sunday Instagram post that they still planned to hold their all-day event at Mckeldin Mall, and on Monday a link to register still active and listing the campus building as the rally location.
UMD Jewish groups said that they would be holding their own event to memorialize the victims of the October 7 pogrom at the Maryland Hillel.
Maryland
Sunshine for your Labor Day in Maryland
![Sunshine for your Labor Day in Maryland Sunshine for your Labor Day in Maryland](https://assets3.cbsnewsstatic.com/hub/i/r/2024/09/02/44f70b16-36c5-418b-a083-913b44ccccef/thumbnail/1200x630/35894c49deb7bc01bace1597e72e5c6f/354a4da6cd4b544ff5da5921dfff7e33.jpg?v=25685eaa472b1a5dbb5bd46ae506d232)
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