Maryland has seen significant developments in the realm of sports betting over the past couple of years. Two years after being approved by voters in a referendum, legal online sports betting in Maryland went live, with seven sports betting apps launching on Nov. 21, 2022, and officially starting mobile operations on Nov. 23, 2022.
Some notable moments in Maryland sports betting and gambling history include a new high in sports betting handle reaching $593 million in October 2024, Baltimore Raven’s quarterback Lamar Jackson expressing frustration with sports bettors on social media in October 2024, and Maryland sportsbooks posting a double-digit hold for the third straight month in July 2024.
Various online sportsbooks have made their debut in Maryland, including Bally Bet, SuperBook Sports, and FanDuel. This adds to the growing list of online sports betting options available in the state. Additionally, the Maryland Lottery and Gaming Control Commission have been proactive in proposing new rules and regulations to ensure a smooth and fair sports betting experience for all.
Overall, Maryland’s sports betting industry continues to evolve and expand, with new operators entering the market and revenue figures consistently on the rise. The state’s journey towards establishing a robust and competitive sports betting market is well on its way.
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