Maryland sportsbooks saw a significant increase in betting activity, with a total handle of $431 million in recent weeks. This surge comes despite a slow schedule of sporting events due to the ongoing COVID-19 pandemic.
The impressive numbers were reported by SBC Americas, a leading sports betting news website. Maryland’s sports betting market has been steadily growing since it was legalized in late 2021. With the addition of online sports betting, the state has seen a steady increase in wagering activity.
Despite the relatively low number of games and events taking place in recent weeks, Maryland sportsbooks have managed to attract a large number of bettors. The $431 million handle is a testament to the popularity of sports betting in the state.
Experts attribute the success of Maryland sportsbooks to a combination of factors, including a growing interest in sports betting among residents and the convenience of online betting platforms. The availability of a wide range of betting options and competitive odds has also contributed to the increased wagering activity.
With sports betting continuing to gain momentum in Maryland, operators are optimistic about the future of the market. The state’s sports betting industry is expected to continue growing as more bettors engage with online platforms and new sports leagues and events are added to the schedule.
Overall, the impressive handle of $431 million is a promising sign for the future of sports betting in Maryland. As the industry continues to evolve and expand, residents can expect even more opportunities to engage with their favorite sports through legal and regulated betting options.
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