Maryland lawmakers have come to the conclusion that if they want to keep the NFL’s Washington Redskins in Landover, Maryland, then they will have to legalize sports betting. Team owner Daniel Snyder has made it clear that he’s looking to embrace this industry either in Maryland or Virginia.
Currently, there’s a bill that proposes that legalization of sports betting in Maryland and it would allow residents to place sports wagers in nine different locations across the state including FedEx Field where the Washington Redskins play at.
Daniel Snyder Has Made His Stance Very Clear
There are no questions as to whether or not legalized sports betting would be of interest to the Washington Redskins, as team owner himself Daniel Snyder has spoken to a number of different lawmakers in Maryland and Virginia.
Snyder has gone so far as to state that he wants to make sports betting legal at a brand new stadium within whichever state can give him the best deal including taking wagers at the new stadium.
The team’s lease expires with FedEx Field in 2027, but Snyder is eyeing a new stadium sooner than that.
Not only would Maryland’s bill allow for sports betting at various locations across the state, but it would also feature an amendment that would make it possible to place legalized sports wagers at a football stadium in Prince George’s County.
Maryland Has Competition
If Maryland wasn’t already feeling the pressure to keep the Redskins in-state, Virginia is further along in the process to legalize sports betting and is actively seeking the NFL franchise to call their state home. Additionally, Washington D.C. is also trying to lure the Redskins to their district as well.
It’s not just a new stadium that Snyder has his eyes on, he’s also looking at brand new practice facilities and new corporate headquarters. As for the stadium itself, Snyder would like to see a smaller venue than that of the size of FedEx Field.
As far as what the bill would entail, it would include the Redskins having to first apply for a license in order to operate sports betting, and then they would also need to pay a fee of $2.5 million.
What Other Facilities Would Get Approval for Sports Betting?
Most pundits believe that a license would go to the state’s casino. Additionally, it’s expected that both Laurel Park and Pimlico Race Course venues would also be granted licenses for sports betting. The final one could in fact go to the State Fairgrounds. This is all just speculation at this point however.
As for the off-track betting parlors in the state, of which there are four, it is assumed they’d be able to accept legal sports wagers on both college and professional sports.
Should the bill be passed, residents would then get the final say with a referendum to take place in the fall of 2020.
As a longtime freelance writer, avid sports fan, former athlete, and experienced sports bettor, Rick Rockwell has risen up the ranks at GamblingSites.org to become the self-professed "King of the Blog" in his first year with the site. ...
The information found on Gamblingsites.org is for entertainment purposes only. It is a purely informational website that does not accept wagers of any kind. Although certain pages within Gamblingsites.org feature or promote other online websites where users are able to place wagers, we encourage all visitors to confirm the wagering and/or gambling regulations that are applicable in their local jurisdiction (as gambling laws may vary in different states, countries and provinces).
Gamblingsites.org uses affiliates links from some of the sportsbooks/casinos it promotes and reviews, and we may receive compensation from those particular sportsbooks/casinos in certain circumstances. Gamblingsites.org does not promote or endorse any form of wagering or gambling to users under the age of 18. If you believe you have a gambling problem, please visit BeGambleAware or GAMCARE for information and help.