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Much has been written about the Maryland General Assembly s
April 12 passage of sports betting legislation that, upon signature
of the governor, will authorize up to 60 mobile licenses and more
than 40 retail licenses here. The fact that the same piece of
legislation – House Bill 940 – will also legalize,
regulate, and tax fantasy competitions seems to have gotten lost in
all the excitement. Would-be fantasy operators should note the
following features of the law.
HB 940 legalizes and expressly exempts fantasy competitions from
criminal laws against betting, wagering and gambling. It is fair to
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