Bally Bet And WynnBET Approved To Launch Sports Betting Apps In Maryland

Written By Giovanni Shorter on December 16, 2022
Maryland Approves Sportsbooks

The Sports Wagering Application Review Commission (SWARC) granted two more Maryland online sportsbooks betting licenses this week. Both Bally Bet and WynnBET saw their applications approved and only await the final word from the Maryland Lottery. WynnBET was also approved to launch online in Massachusetts, making this a successful week for the sports betting operator.

Maryland Betting Expands

Lawmakers approved the launch during the SPR Committee Session meeting on Wednesday. Lawmakers deliberated and determined both applications were sufficient for approval. With SWARC approving a staggered launch window, sportsbooks can be approved at any point. This will lead to more betting operation approvals coming in the following weeks and months.

This brings the total number of sports betting apps in Maryland to 12. The meeting also saw the approval of retail operator Long Shot’s Hagerstown. SWARC has continued to work to expand the Maryland betting market. Maryland is expected to be a major U.S. player with early returns supporting that theory.

Early Success With Maryland Betting

Maryland sportsbooks already reported over $186 million in online bets in the first nine days of operation. This saw mobile sportsbooks take up over 84.9% of the entire monthly handle. This is impressive as retail had several weeks of action over online.

Mobile betting was also responsible for over $33.6 million in betting revenue during that period. The Old Line State’s numbers rival those of New Jersey, Indiana, and Pennsylvania during the same period. It is expected that a full month of revenue could eclipse some of the top betting markets.

The addition of Bally Bet and WynnBET won’t be felt immediately. There is no official launch date set for either operator. Additionally, the Maryland Lottery still has to make its final approvals. So far, lottery officials have approved every sportsbook that was approved by SWARC.

Once these markets go live, there will be even more options for Maryland online sportsbooks. It is an exciting time for residents in the Old Line State.

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Giovanni Shorter

Giovanni Shorter is a sports enthusiast and writer with a passion for the legal and industry side of the sports betting market. Giovanni got his education from Florida State University where he honed his writing style writing narratives and short stories. He has spent his professional career covering sports and entertainment through articles and blogs and continues to look at the industry from multiple angles.

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