Maryland online sports betting is inching closer to reality as the deadline for license applications nears.
that often are less represented in the industry. So while brick-and-mortar sportsbooks opened at state casinos late last year, the state has yet to tap into the lucrative mobile sports gambling market, which is projected to inject millions of dollars into state coffers in 2023.
Still, that revenue won’t come close to the revenue generated by the state’s casinos, which generated $67.9 million for Maryland . Brick-and-mortar sports wagering at the state’s seven facilities in September totaled $31.4 million, contributing about $1 million to a state public education fund.Most of the states that border Maryland, plus D.C., have long had mobile sports gambling, and the lengthy delay has irked those who believe the state has fallen well behind its neighbors. Plus, Maryland did not get mobile betting up and running before the start of football season, a lucrative time on the wagering calendar.
Gov. Larry Hogan had pushed SWARC to “accelerate and intensify” its efforts to allow mobile wagering before the fall,that “instead of decisive action to implement the voters’ decision, you have allowed the process to stagnate and become mired in overly bureaucratic procedures that have needlessly delayed” the state’s entry to the market. But other officials said one of the nation’s slowest launches helped ensure an appropriate process.
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