Internet Gaming and Online Bingo - Authorization and Implementation

SB 885 authorizes Maryland's State Lottery and Gaming Control Commission to issue licenses for online gaming and bingo operations, while establishing new regulations for these activities. It directly affects former video lottery facility employees through a new "Video Lottery Facility Employee Displacement Fund" to support them, and impacts school funding by requiring counties to use revenue from online gaming to offset local education tax calculations starting in fiscal year 2028. Key provisions include mandating that counties subtract gaming revenue from their education funding calculations and instead appropriate that revenue directly to school budgets, as specified in revised sections of Maryland law. The bill also requires the Commission to regulate online gaming operations and submit the law to a voter referendum.