Last Updated: 3/20/2017
Maryland passed a new law in January 2017, so MD residents are NOT currently able to participate in MFL10s. We are actively investing the procedure to obtain a license as a small business operator to see if we can offer MFL10s to MA residents again in the future.
Link to the new law: MD Fantasy Sports Regulations
Some of the provisions of the law include:
- Users under the age of 18 may not compete in paid-entry contests.
- College sports contests are not allowed to be offered by operators.
- “Experienced players” must be identified by operators.
- Sites must prevent the use of third-party scripts for entering contests.
- Deposit limits for users are initially set at $1,000 and can be increased; credit may not be extended to players.
- Player funds and operational funds must be segregated.
- The books of a fantasy operator must be audited annually by a CPA.
The main issues for MFL10s include the “experienced players” clause and the deposit limits, since they don’t make sense or apply for season long games. The bigger concern is the annual audit, since it is not yet clear how involved that process is with respect to time and cost. We don’t have a timeframe or estimate yet, but we are hoping to determine the feasibility sometime in April 2017.Back to List of All States