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  3. Maryland Launches Mobile Sports Betting in November 2022, Completing State's Wagering Market
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Maryland Launches Mobile Sports Betting in November 2022, Completing State's Wagering Market

·November 23, 2022

Maryland launched mobile sports betting in November 2022, adding online sportsbook access to the retail betting that had been available at licensed casinos since December 2021 and completing the state's regulatory framework for a full sports betting market.

Key Takeaways

  • Maryland launched mobile (online) sports betting in November 2022
  • Retail sports betting at licensed casinos had been available since December 2021
  • Maryland voters approved sports betting in a November 2020 ballot referendum
  • The Maryland Lottery and Gaming Control Commission oversees sports betting regulation
  • Major operators launched for the mobile rollout including DraftKings, FanDuel, BetMGM, Caesars, and others
  • Maryland levies an 15% GGR tax on sports betting revenue

Why It Matters — Players

Maryland bettors — particularly those in the Baltimore and Washington D.C. metropolitan areas — gained access to licensed mobile sportsbooks in November 2022, ending a period where Maryland residents who wanted to bet online had to use offshore or unlicensed alternatives, or cross state lines to access legal Maryland-adjacent markets. The Thanksgiving 2022 timing allowed bettors to immediately access one of the most active weeks of the NFL betting calendar through regulated platforms.

Why It Matters — Operators

Maryland's mobile launch added a significant mid-Atlantic market to the legal US sports betting landscape. The state's large population in the DC and Baltimore corridors, combined with its relatively late mobile launch (compared to neighbouring states), meant pent-up demand from bettors who had been waiting for a Maryland-licensed option. Operators that had pre-registered significant customer bases during the retail-only period were positioned to capture a large share of mobile market share at launch.

Maryland completed the rollout of its regulated sports betting market with the launch of mobile (online) sportsbooks in November 2022. The state had been operating retail sports betting at its licensed casinos since December 2021 following voter approval of sports betting in a November 2020 ballot referendum, but the mobile launch was delayed while the Maryland Lottery and Gaming Control Commission completed its licensing process for online operators.

Background and Legislative Framework

Maryland voters approved Question 2 in the November 2020 general election, authorising sports betting in the state. The Maryland General Assembly then passed legislation establishing the regulatory framework, which the Maryland Lottery and Gaming Control Commission administered. The framework created licences for both retail sports betting at casinos and racetracks, and for mobile/online sportsbooks.

Retail-Before-Mobile Launch Sequence

Maryland's phased approach — retail first, then mobile — was not uncommon among US states that launched sports betting in 2021-2022. Retail sports betting started at licensed Maryland casinos in December 2021, providing a test period for the regulatory framework before the wider mobile rollout. Major Maryland casinos including MGM National Harbor, Live! Casino & Hotel, Horseshoe Casino Baltimore, and Maryland Live! operated retail sportsbooks during this interim period.

Mobile Launch and Operators

The mobile sports betting launch in November 2022 was timed to coincide with the Thanksgiving week NFL schedule — one of the busiest periods for sports betting activity. Major operators that launched included DraftKings, FanDuel, BetMGM, Caesars Sportsbook, and others, giving Maryland bettors immediate access to a competitive market. Maryland's proximity to the Washington D.C. metropolitan area — a major population centre — and its border with Virginia and Delaware (which had earlier launches) made the mobile rollout an important event for operators seeking to capture the mid-Atlantic market.

Tax and Revenue Framework

Maryland's sports betting GGR tax rate of 15% places it in a mid-range position among US states. Revenue from sports betting taxes was designated for the Blueprint for Maryland's Future education fund.

Source Attribution
Source:
Legal Sports Report
Published:
November 23, 2022
Original Article:
View Source

This article is an editorial summary of the source publication listed above. iGamingNavigator does not reproduce third-party content. All analysis is original.

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