GeoComply, the gaming technology supplier, has been awarded a tier-one license in Maryland to bring its geolocation and ID verification services to the Old Line State.
The company will supply its geolocation software, used in several other legal sports betting jurisdictions, to operators in Maryland once sports betting launches.
The software allows for legal sports bets within a state or specific area. If a customer goes beyond the location border, they cannot place bets.
Geocomply approved in Maryland
Lindsay Slader, GeoComply’s SVP of Compliance, said: “We are very excited about the launch of Maryland’s highly anticipated mobile sports betting market. Our team has worked hard to meet Maryland’s rigorous standards.”
“Having our license in hand means that our customers can launch with confidence on day one. We look forward to supporting the compliance needs of operators and providing state regulators with tools and data so they can properly oversee the growth of mobile sports betting in Maryland.”
In addition to Maryland sports betting, the company will also supply its technology to Ohio when it launches sports betting in early January. The service is an essential one for Maryland’s online sportsbooks.
Federal and state laws require bettors to be within the state’s borders when they place their bets on Maryland sports betting apps. GeoComply’s technology provides the location services necessary to ensure compliance with those laws.
When will online sports betting in Maryland begin?
Regulators in Maryland are hopeful online sports betting can launch in late November or early December.
The Sports Wagering Application Review Commission will meet on November 21 to review recommendations by the Maryland Lottery & Gaming Control Agency.
So far, the commission has received ten applications for online licenses.
- FanDuel – Live! Casino and Hotel
- BetMGM – MGM National Harbor
- Caesars – Horseshoe Casino Baltimore
- Barstool – Hollywood Casino Perryville
- TwinSpires – Ocean Downs Casino
- BetRivers – Bingo World
- PointsBet – Riverboat on the Potomac
Unlike Ohio, where lawmakers have instituted a universal launch date, Maryland has taken a different route. Online sports betting in Maryland will launch on a case-by-case basis.