Maryland sports wagering operator bonds.
From $3,000.
Before the Maryland Lottery and Gaming Control Commission issues or renews a sports wagering license, the licensee must document a performance bond under COMAR 36.10.02.14, for the benefit of the State. The regulation for each license class sets the penal sum. Premiums cost 2% of the bond amount, $3,000 minimum.
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How much does a Maryland sports wagering operator bond cost?
2% of the bond amount, from $3,000 at the $150,000 minimum. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
The bond has to be in hand before Agency staff will issue the license. Here is the whole path from application to filing:
Apply online
Your company details, your license class, the bond amount COMAR sets for it, and the effective date. The application includes a soft-pull credit consent.
Priced and issued
The calculator prices the bond at 2% of the amount you enter, $3,000 minimum, up to the $750,000 this application accepts online. Class A-2, Class A-1 and the $1,500,000 mobile or online-operator bond exceed that ceiling — a specialist quotes those directly.
Document it with the Agency
Submit the executed bond to Lottery and Gaming Control Agency staff as the evidence of a performance bond they check before issuing or renewing the license.
What it is and who needs it.
What the sports wagering performance bond guarantees
Maryland licenses sports wagering through the State Lottery and Gaming Control Commission. The Sports Wagering Application Review Commission (SWARC) awards facility and mobile licenses, but the Commission issues them, and Agency staff check the bond before they do. Under COMAR 36.10.02.14 the bond must be for the benefit of the State for the faithful performance of the sports wagering law (State Government Article, Title 9, Subtitle 1E) and the Commission’s regulations, and it must identify the Agency as the obligee — not SWARC.
The Commission may apply the bond to any unpaid liability the licensee owes the Agency and the State, and COMAR 36.10.02.03 lets it file a claim against the bond for unpaid fees, penalties or proceeds. If the surety pays a claim, the licensee repays the surety — the bond protects the State, not the operator.
The penal sum depends on the license. Class A-1 facilities (large casinos and stadium franchises) are tiered by annual sports wagering revenue: a $2,000,000 bond up to $2,000,000 in revenue, a $4,000,000 bond from $2,000,001 to $4,000,000, and a higher tier above that whose codified text should be confirmed with the Agency. Class A-2 is a $3,000,000 bond, Class B-1 a $750,000 bond, Class B-2 a $150,000 bond, and a mobile license a $1,500,000 bond. Online sports wagering operators post a $1,500,000 bond; facility operators carry the facility’s class amount unless the licensee’s bond already covers them.
Do not confuse this bond with the separate player-funds reserve under COMAR 36.10.14.06, which every licensee must also maintain and which may be held partly as its own surety bond on an Agency-approved form. This page covers the COMAR 36.10.02.14 performance bond.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The term is set on the carrier’s application; the premium covers the period shown there.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
Priced and issued. The calculator prices the bond at 2% of the amount you enter, $3,000 minimum, up to the $750,000 this application accepts online. Class A-2, Class A-1 and the $1,500,000 mobile or online-operator bond exceed that ceiling — a specialist quotes those directly.
What sets the price
The premium is 2% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
One soft credit pull, never a hard inquiry, and it never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, priced from your amount.
Enter the bond amount your license class requires, up to $750,000, and this application prices and issues it online. Class A-2, Class A-1 and the $1,500,000 mobile or online-operator bond exceed what it accepts — contact us for a specialist quote.
Start the application →Common questions.
Other Maryland bonds.
The same bond in nearby states.
Price and requirements checked on the carrier’s application, . Page updated .
Sports wagering license waiting on one bond.
Enter the amount your license class requires, see your price, and document the bond with the Agency. Free until issued.