by Michael Molter | Aug 24, 2022 1:03 pm | Legal
Sports betting in Maryland was approved in May 2021 though an early 2023 mobile sportsbook launch seems likely. BALTIMORE – Despite signing a bill to legalize sports betting in Maryland in May 2021, the rollout of MD mobile sportsbooks has been a frustrating...
by Giovanni Shorter | Aug 4, 2022 3:17 pm | Sports Betting
The Washington Commanders have formally applied for a sports betting license in Maryland. The goal is to host an in-stadium sportsbook at FedEx Field. The Maryland Lottery and Gaming Control Commission will be voting on potential sportsbooks next week. SUMMERFIELD,...
by Michael Molter | Jul 27, 2022 9:57 am | Sports Betting
DOVER, Del. – Despite having legal sports betting, there are a few states whose sports bettors may wish they had a tougher time to bet. The average hold rate for a sportsbook is 7% – this is the percentage of money sportsbooks keep after paying out all of...
by Giovanni Shorter | Jul 14, 2022 12:39 pm | Sports Betting
Maryland mobile betting is progressing as the Sports Wagering Application Review Commission (SWARC) approves draft regulations. The final approval for these regulations is likely to happen in the coming weeks. Maryland Governor Lawrence J. Hogan Jr. is aiming for apps...
by Ben Fiore | Jul 13, 2022 11:44 am | Revenue
Six states saw a decrease in sports betting over the month of June in 2022, with two of them not offering mobile sports betting. The Iowa sports betting market saw a 17% decrease from May to June, from the 19 mobile betting apps and 18 retail locations combined. NEW...