The Maryland Lottery and Gaming Control Commission (MLGCC) qualified two more sportsbooks for Maryland mobile sports betting licenses on Thursday, Dec. 1, during a special meeting.
The qualifications were approved for Bally Bet and WynnBet to potentially receive mobile sports betting and operator licenses. While these entities passed one step, there is still one more step for them to take before they can begin taking bets.
In Maryland, for an entity to be granted a sports wagering license, it must be approved for a license by the MLGCC, and then the Sports Wagering Application Review Commission rewards the license. The SWARC looks at whether granting entities licenses is in the public interest while it’s the MLGCC’s job to determine whether an applicant is qualified to operate in the state.
Now that Bally Bet and WynnBet have gained approval from the MLGCC they must wait for the SWARC to officially award the license. These two sportsbook operators will likely be approved by SWARC during their next meeting on Dec. 14 at 9 a.m. ET. That meeting should be available to watch live.
Once the SWARC grants the licenses, Bally Bet and WynnBet will then need to complete controlled demonstrations and complete the other necessary regulatory and operational requirements before they can officially launch.
A start date for these sportsbooks can be determined once all of the final steps are completed in the near future.
Which Sportsbooks Have Launched?
Mobile sports betting officially launched in Maryland on Nov. 23, and now seven sportsbooks are live. Those sportsbooks are:
BetFred, Parx Interactive, and Fanatics have been granted licenses but have not yet launched but are expected to do so soon. All of these sportsbooks were awarded licenses in early November.
The Maryland sports betting law states that there can be up to 60 mobile sports betting licenses. It’s likely that we’ll see a spike in the number of sportsbooks available in early to mid-2023 as the MLGCC and SWARC continue to work to award licenses.
Successful Launch Week
Maryland mobile sports betting launched over a year after sports betting was legalized in the state. It was a long and frustrating process but it’s an exciting time for bettors in Maryland as they can finally place bets on mobile devices.
That excitement is shown through the numbers in the first official week reported by GeoComply, which provides geolocation services to most sportsbook operators in the country.
GeoComply reported that the seven sportsbooks currently operating in Maryland saw a total of 477,365 unique accounts between Nov. 23-27. In that same time frame, they saw 16.5 million geolocation transactions.
Even more impressive is the fact that they registered 3.7 million geolocation transactions on just Thanksgiving Day.
Maryland registered about 185,781 more unique accounts and 8 million more geolocation transactions than Virginia in the same time period.
These are great numbers for the first few days of legal online sports betting in the state proving that Maryland sports betting is off to a terrific start.