The Sports Betting Alliance has received a record-breaking fine from the Maryland State Board of Elections for failing to comply with the state’s 48-hour disclosure requirements.
A group of leading gambling operators has received the largest fine ever from the Maryland State Board of Elections for failing to comply with the state’s 48-hour disclosure requirements. The Sports Betting Alliance must pay a $48,000 fine.
The Board’s director of nomination and campaign finance, Jared Demarinis, spoke about the decision, saying, “We’re cracking down on disclosure with independent spending entities.” All money from fines goes to fund public campaigns.
A group representing online gambling interests
The Sports Betting Alliance is a group that represents online gambling interests and includes FanDuel, BetMGM and DraftKings. case in This issue It dates back to the 2020 campaign when the public was voting to legalize sports betting.
A spokesperson for the group explained that the compliance team made an error in the recording, which led to the penalty. She corrected the error as soon as she realized it. These major operators now hold online sports betting licenses in the state following crowd support legislation and legislation passed by legislators.