As fans anticipate mobile sportsbooks in Maryland, SWARC meets Wednesday, October 19, to hopefully solidify a launch date. The market is expected to go live before the end of 2022 with rolling applications approved. This targeted launch window has seen potential sportsbooks prepare to go live with online sports betting in Maryland.
Sportsbooks Prepare For The Upcoming Market
With the deadline for sports betting applications coming this Friday, October 21, fans are closer to seeing mobile apps live. Prominent sportsbooks like FanDuel have already begun marketing for the Maryland area. Fans can expect to see promotions and more advertisements as the looming launch approaches.
Of those who have already submitted applications, Caesars Sportsbook is in the running for a mobile sportsbook in Maryland. Those who have already submitted applications could be approved sooner as SWARC will take just 45 days after applications have been submitted to review. Caesars reportedly submitted their application earlier in the month.
With rolling applications, sportsbooks in the Old Line State will launch in a staggering order. There is currently no set date for when these sportsbooks will launch nor how many will launch on which given date.
Maryland Market Ready For Sports Betting
SWARC releasing the public comments surrounding its regulations indicated the growing desire for the market to launch. Local residents want mobile sportsbooks and sportsbooks are eager for the launch as well.
The recent sports betting revenue report reveals September as the most profitable betting month for Maryland since its launch. Retail sportsbooks saw the second most wagers with a handle of $31,376,072 and the all-time high in revenue with $6,562,053.
This uptick in betting activity comes as the market prepares to include mobile sportsbooks in Maryland for locals. MD sports betting is projected to be a major player with its multiple professional and college teams. Maryland also benefits from its proximity to the DMV.