Against the Odds, Sports Wagering Panel Offers More Help for Minority Businesses

Maryland gambling officials hope to bring mobile betting to the state in time for the kickoff of the National Football League’s 2022 season. If regulators are successful, fans will be able to bet on professional and collegiate events on their phones, an advance that is certain to super-charge the state’s new, and still relatively sleepy, sports betting industry. In virtually every state that has legalized sports gambling, mobile has left bricks-and-mortar betting in the dust, accounting for approximately 90% of the handle. Also true just about everywhere: The big-name firms, those with the massive advertising budgets, rake in the lion’s share of the action — and, therefore, the profits.