At 9:00 a.m. last Wednesday, Maryland’s legal sports betting market launched its mobile option, an expected Thanksgiving treat as we previously reported, their existing retail operation now upgraded to also allow resident betters the ability to bet on sports from the comfort of couches.
As promised by Maryland’s Sports Wagering Application Review Commission, or SWARC, seven companies who are licensed with live apps began taking legal sports bets before Turkey Day, just in time to join in on the gambling fun on the NFL’s triple-game offering.
This mobile option should mean a surge in action and an increase in handle since in the other 30 plus states where sports betting has already been made legal, bettors prefer to place wagers online, and more bets means more money for sportsbooks and more tax revenue for the state.
In an effort to attract as many Free State gamblers as possible, those seven mobile sportsbooks are permitted (for a limited time) to offer potential new customers great deals and giveaways including free bets, free money, free match play, and more, all to entice newcomers to join.
That includes all the Maryland gamblers who have already been taking advantage of the retail option there.
In an ongoing story we have been actively following, state regulators finally set up Maryland’s casinos to launch the retail or in-person version of the sports betting market betting in December 2021, with a few local businesses also with retail licenses.
Then there were multiple delays stemming from all the red tape that SWARC had to wade through before they could feel comfortable with the quality of the new mobile operators and the effectiveness of the operation that will be in place, a tricky process that has finally ended.
The diversity of applicants was a major consideration that SWARC included in their regulatory procedure, and it led to many of the delays that pushed back the mobile launch date, those factors still a key to ensuring fair and equal opportunities for all companies attempting to join.
With the winter holiday season officially started, Maryland bettors can now gamble on the second half of the NFL season including their playoffs in January and Super Bowl in February, as well as on the NBA regular season and playoffs that run all the way into next summer.
There are over thirty other states in the U.S. that have taken advantage of the right they now have to legalize, regulate, and tax their own sports betting market, their choice once the Supreme Court overturned PASPA in May 2018 giving states the ability to do just that.
It has fast become a multi-billion dollar industry fueled by the thrill of the bet and the ability to do it easily, something that Maryland gamblers can now also brag about as they use their devices to place their sports wagers from almost anywhere.
Money that once flowed out of the U.S. via unregulated mobile sportsbooks and illegal bookies is now being spent in state where it can be regulated and taxed ensuring a safe and convenient experience for gamblers while generating a new income stream back home.
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