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Maryland online sports betting legalization update

Maryland online sports betting legalization update

Do you want to learn about the current state of online sports betting in Maryland? If so, you have come to the right place. This page will provide you with all the information about Maryland sports betting. From when online sports betting is expected to launch in the state to the operators likely to enter the market. Plus, you’ll also find the latest news about Maryland sports betting.

Is sports betting legal in Maryland?

Yes, sports wagering is live and legal in Maryland. But it’s only available in person. The first Maryland sportsbook debuted in December 2021. Voters approved legitimate sports wagering in the state in November 2020, and Maryland lawmakers passed bills making way for betting in April 2021.

When will online sports betting launch in Maryland?

Online sports betting will likely not launch in Maryland until 2023. Although John Martin, the director of Maryland Lottery and Gambling Control Agency, said it’s possible a couple of mobile sports betting brands will debut before the end of 2022.

The Sports Wagering Application Review Commission (SWARC ) made open the application time frame for competitive licenses in Maryland with a deadline of October 21. Immediately after that, (SWARC ) will have 45 days to review the applications. The launch of Maryland online mobile sportsbook apps will probably be on a rolling basis, just like how the state’s retail sports betting brands debuted.

Maryland online Sportsbooks likely to launch

Punters in the Old Line State will have a wide range of online sports betting sites available to them in the future. With around 60 potential online sports betting site licenses, many reputable sportsbooks will likely enter the Maryland gambling market.

For instance, Caesars, BetMGM, FanDuel, and DraftKings already have retail wagering partnerships and apparently will provide online sports wagering too. Below is a closer look at the top-rated online sports betting brands likely to launch in Maryland.

BetMGM

Founded in July 2018, BetMGM is a major player in the US sports market. Most Maryland punters may be familiar already with the brand since its retail sportsbook is live and legal in the state. When the time comes, keep your eyes open for the BetMGM Maryland bonus code.

Caesars Sportsbook

Currently, Caesar’s gaming operator offers retail sports betting in Maryland at the Horseshoe Casino in Baltimore. As one of the leading retail sports betting sites in the Old Line State, we’re sure that the operator will be among the first gaming operators to launch an internet sportsbook in Maryland. Learn all about the Caesars Sportsbook Maryland promo code before the release here.

Fanduel Sportsbook

This gambling operator is a well-recognized gaming brand in Maryland, thanks to its amazing daily fantasy (DFS) sports products and services. FanDuel is already taking bets at Live! Casino in Hanover.

Punters can expect the gaming brand to launch its sportsbook immediately after sports wagering goes live in the Old Line State, so make sure to take part in the Fanduel promo code in Maryland.

DraftKings

Again, the DraftKings gaming brand has been part of the Maryland gambling market for several years as a DFS provider. The operator’s affiliation with the Baltimore Ravens shows the brand’s tie to Maryland. Once Maryland online sports betting becomes legal, the DraftKings Sportsbook Maryland promo code will likely be among the first to debut.

WynnBET

Established in 2020, WynnBET is an online wagering platform run by Wynn Resorts, Limited, a leading hospitality and gambling that’s that is traded on the New York Stock Exchange. The gambling operator offers everything you expect to see in any top-rated sports betting platform, as well as the WynnBET Maryland promo code.

The Latest Maryland sports betting news

The latest Maryland sports betting news update is that five retail sports betting brands in Maryland continue to do land-based wagering business. During the spring period, punters placed between $25 million and $31 million each month at the five available Maryland sportsbooks.

This means an average tax of about $500,000 went to the state authority each month. With this tax, the Maryland government was able to fund public education.

A few other Maryland retail sports betting brands will likely debut before internet sports wagering finally becomes legal. During the Maryland Lottery & Gaming Control Agency May 2022 meeting, a representative mentioned that four more retail sportsbook locations were working on launching soon.

Conclusion

The Maryland sports betting landscape is gradually changing for good. We hope this article will help bring you up to date with the current happenings in the Old Line’s online sports betting market. To stay on top of your online sports betting, ensure that you constantly visit this site.

On this site, you’ll find accurate, honest, and comprehensive Maryland sports betting apps reviews and other tips and guides to help you make better gaming choices.