Seven sportsbooks available for use on Maryland’s online sports betting market opening day. [Image: Shutterstock.com]
new era
Finally, Marylanders can place sports bets online. As of 9 a.m. Wednesday, seven online sportsbooks are running in the state: Barstool Sportsbook, BetMGM, Caesars Sportsbook, DraftKings, FanDuel, PointsBet, and Rush Street Interactive (RSI). Bettors are able to place bets through a mobile app or sportsbook websites.
You must be at least 21 years old
Each sportsbook offers its own welcome offer, with no restrictions on bonus size in the first year of the online sports betting market in the state. To be able to use an online sportsbook in Maryland, you must be at least 21 years old, but you do not have to be a resident of the state. All sports betting winnings are subject to state income tax.
Other platforms to launch it
Each of the seven live online sportsbooks got everything from the Sports Wagering App Review Committee (SWARC) for their launch. They went through a successful smooth launch on Monday.
Parx Interactive, Betfred and BetFanatics also received SWARC online approval for licensing, but those platforms weren’t ready to go on opening day as operators are still working with the Maryland State Lottery & Gaming Control Agency (MLGCA) to meet all pre-launch requirements. There are no details about when these three platforms will be launched.
Up to 21 sportsbooks can be online by the start of the next NFL season
Another 11 unnamed workers are currently undergoing background checks by the MLGCA. As many as 21 sportsbooks are expected to be online by the start of the next NFL season.
during the announcement Online sports betting launch“This marks the culmination of years of effort to fully get sports betting up and running in Maryland,” said Maryland Governor Larry Hogan.
Hogan said he plans to place some bets on the Baltimore Ravens game next weekend.
long waiting
The launch of online sports betting in Maryland comes 554 days after Governor Hogan signed the sports betting law and 747 days after Maryland voters approved the legislation during the 2020 election. It is by far the longest time between the signing of the legislation into law and the actual launch of any US state. . Sportsbooks have been open for retail since December 2021.
The estimated tax revenue from sports betting by the fifth year of the online sports betting era is $100 million.
The governor pointed the finger at SWARC for being a major cause of the launch delay. He claims that there were too many bureaucratic pitfalls within the committee, which delayed the launch by nearly a year.
