PointsBet, University of Maryland Maintain Existing Relationship

A Maryland bill prohibiting in-state colleges and universities from forming partnerships with sportsbook operators that include promotional sign-up incentives passed through the House Ways and Means Committee on Thursday. SB 620, which already cleared the Senate, could become law ahead of the Maryland Legislature's April 10 adjournment.'

The bill has received minimal pushback from legislators and will still need to be approved on the House floor and signed by Gov. Wes Moore to become law. The legislation is scheduled to take effect on July 1, should it be approved.'

Sen. Shelly Hettleman, the legislation’s sponsor, previously told that the bill was inspired by an article from that shared details regarding a controversial partnership between the University of Colorado and PointsBet. In that deal, PointsBet awarded Colorado financial incentives when customers signed up using a promotional link provided to the university.

PointsBet and the University of Colorado recently ended their partnership.'

  
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