“Sports Betting 101” Event Draws Full House of Would-Be Bookmakers

Three years ago, the Supreme Court cleared the way for states to legalize sports betting. Eight months ago, Maryland voters approved a sports gambling referendum. And in April, state lawmakers created a Sports Wagering Application Review Commission, a panel that will decide who will be allowed to operate a legal sportsbook. While the commission has yet to start its work, entrepreneurs who’ve been following the action will soon face a moment of decision: Roll the dice on a new industry as it takes shape — or hold tight to their chips.