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Maryland Mobile Wagering Launch Set For Wednesday At 9 A.M. 29452x

With test phase complete, seven mobile sportsbook operators will welcome customers Wednesday morning 1w1q2c

Bennett ConlinBennett Conlin
November 22, 2022
in Industry

Jessica Rapfogel/USA TODAY 6e4qt

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Maryland on Wednesday at 9 a.m. ET, Gov. Larry Hogan announced at a Tuesday press conference with Maryland Lottery Director John Martin. 

Wednesday’s launch comes after Monday’s controlled demonstrations, which allowed seven sportsbook operators to make their mobile platforms available to Marylanders from 2-10 p.m. ET:

  • BetMGM
  • BetRivers
  • Caesars Sportsbook
  • DraftKings
  • FanDuel
  • PointsBet

Those seven are all expected to launch Wednesday morning without restrictions. Many of those operators are offering Maryland bettors special promotions. 

Maryland sports betting offers live now 672749

1
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BetMGM Sportsbook

$1,500 First Bet Offer

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Caesars Sportsbook Maryland

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Fanatics Sportsbook

Bet $100, Get $100 in Bonus Bets Every Day For 10 Days!

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Hogan pleased, shares revenue projections 5q1852

Marylanders legalized sports betting through referendum in 2020. Two years later, they finally have mobile sports betting. A handful of retail sportsbooks went live in December 2021. 

Despite the lengthy wait for legal mobile sports wagering — one Hogan complained about this summer — the governor is pleased that the wait is finally over. 

“Took longer than it should have, but we’re excited that this launch is in time for fans to place their bets on all the Thanksgiving Day NFL action, college football rivalry weekend, this week’s slate of NBA games, the 2022 World Cup, and this Sunday’s Ravens and Commanders games,” Hogan said. 

Hogan also briefly discussed revenue projections, saying he expects mobile betting to drastically increase tax revenue generation in future years.

“It’s anticipated to bring up to $30 million in revenue next year, and that total is expected to reach $100 million in 2027,” Hogan said.

Maryland taxes sports betting revenue at 15%, and tax revenue for the state is directed to the Blueprint for Maryland’s Future Fund, which s public education in the state. 

More mobile operators coming 4o1u5u

Fanatics have been awarded mobile sports betting licenses by the state’s Sports Wagering Application Review Commission, but those three entities aren’t ready to launch Wednesday. They’re expected to launch in early 2023. 

Martin shared Tuesday that the lottery will meet on Dec. 1 to discuss three additional mobile sports betting operators. The meeting will determine if those three applicants are qualified for mobile wagering licenses. There are still an additional eight mobile applicants after those three expected to soon receive qualification hearings.

“We anticipate that in late spring, early summer of 2023, prior to the kickoff of the next football season, the Maryland market will include up to 21 mobile entities and between 15-20 facility licenses,” Martin said. “At that time we forecast annual tax revenue to be in that $20-30 million range … contributing of course to the Blueprint for Maryland Future Fund.”

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Bennett Conlin

Bennett Conlin 3t82f

Bennett Conlin is a sports betting reporter. He began his sportswriting career crafting recaps of family wiffle ball games. He’s covered more meaningful games since those early days, most recently writing about the University of Virginia’s athletic programs for The Daily Progress. Bennett can be reached at [email protected].

This site contains commercial content. We may be compensated for the links provided on this page. The content on this page is for informational purposes only.

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