In the Old Line State, sports betting has been legalized. A BetMGM sportsbook opened a physical location on December 9. Retail sportsbooks at Horseshoe Casino and Live! Casino opened the next day. Ocean Downs and Hollywood Casino also opened sportsbooks shortly thereafter.
Status of Online Sports Betting
It is anticipated that online sportsbooks will be available in about a year. In November last year, the MLGCA director said online sports betting couldn’t be expected to start before fall. BetRivers Sportsbook Maryland is expected to become available around that time. Make sure you look for the BetRivers Maryland bonus code when it does.
Sports Betting Timeline and Events
In May 2021, Maryland Governor Larry Hogan signed sports wagers into law. On March 10 this year, the state’s retail sportsbooks reported a combined $25.5 million in turnover just for the month of February. In January, revenues totaled $32.5 million. The decline is attributed to fewer games in February.
On February 24, Bingo World was approved to operate a physical venue by the state’s Lottery and Gaming Control Commission. The operator is anticipating final approval from the respective authority. Bingo World’s sportsbook can be operated by Rush Street Interactive as well.
Voters approved sports betting in a referendum last year. At the moment, there are no online legal options for sports betting in the state.
Mobile Betting
There are months until online sportsbooks go live in Maryland, by all accounts. This should not deter fans by any means. Apart from a number of small businesses, the six casinos in the Old Line State received licenses to operate sportsbooks, which come with an online “skin.” This goes for the three stadiums housing Maryland’s pro sports teams as well.
Partnerships Between Sportsbooks and Licensed Entities
A “skin” is an existing sportsbook that forms a partnership with a sports team, a casino, or another licensed entity. Let’s say the Orioles launch a betting platform. They can either partner with a sportsbook like DraftKings, which would become their skin, or establish a proprietary sportsbook.
Entities to Receive a Sportsbook License
This short article ends with a list of the establishments that are anticipating a license to operate a sportsbook.
- Washington Commanders (NFL)
- Baltimore Ravens (NFL)
- Baltimore Orioles (MLB)
- Laurel Park Racetrack
- Pimlico Racetrack
- Maryland State Fairgrounds
- Rocky Gap Casino Resort
- Timonium OTB
- Ocean Downs
- MGM National Harbor
- Hollywood Casino Perryville
- Horseshoe Baltimore
- Live! Casino & Hotel Maryland
