Join us as we highlight the most significant events affecting the domestic and international sports betting and gaming industries this week. Don’t miss out!
Tag:
Maryland
-
-
New Jersey’s Governor proposes higher taxes on mobile sports betting and iGaming. Meanwhile, Maryland lawmakers push iGaming bills with different tax rates.
-
Missouri targets a summer 2025 sports betting launch. Meanwhile, Maryland eyes higher sportsbook and casino taxes to cut a $2.7B deficit.
-
SuperBook Sports announced it would be exiting eight states including Maryland which leaves its sports-themed restaurant and lounge at Camden Yards as a reminder of what was once an optimistic view of its brief legacy in the Old Line State.
-
Bally Bet launches in Maryland, marking its ninth state entry. With a delayed-entry strategy, Bally Bet aims to gain traction without hefty ad spends. Maryland’s market, active since November 2022, saw $5.37 billion in wagers in FY 2024, up 86% from the previous year.
-
Although Maryland was considered one of the most likely online casino gambling destinations, it has subsequently stalled in the legislature and won’t be considered again until 2026 which means the earliest launch would come at some point the following year.
-
Jake Paul’s Betr Sportsbook has secured a license to operate in Maryland, aiming to tap into a live-betting niche. Despite a launch date yet to be announced, Betr is gearing up to compete in a market dominated by FanDuel and DraftKings.
-
Maryland’s House Bill 1524 aims to rejuvenate horse racing, shifting Pimlico’s ownership to the state and investing $400 million for renovations. The move targets younger audiences, embracing modern trends like online wagering, while preserving the legacy of the iconic Preakness Stakes venue.
-
Although many believed Maryland had a legitimate chance of passing online casino gaming legislation this year, it did not happen and the author of the bill has stated he won’t try again until 2026.
-
The Maryland Senate declined to discuss the online casino gambling bill, dashing hopes for its adoption this year. Proponents cite revenue needs, while opponents fear cannibalization of existing casinos. The fate of iGaming may rest with Maryland voters in 2026.
Newer Posts
