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Fantasy Sports

Fantasy sports operators crowd growing Maryland market

Fantasy sports operators crowd growing Maryland market

Nearly a dozen daily fantasy sports operators have registered to do business in Maryland, crowding the field in a state that has not clarified its intentions on a pastime whose popularity among sports fans has grown dramatically in recent years.

The Office of the Maryland Attorney General has opined that daily fantasy — in which players seek payouts based on the performance of actual professional athletes — is close enough to gambling that it might require the approval of voters in a ballot referendum.

But the General Assembly has shown little interest in setting a referendum. So Comptroller Peter Franchot issued the state’s first-ever regulations to guide the multi-billion...