“There’s very few on the Eastern Shore. For Montgomery County with 1.1 million people, there’s one [sportsbook]. There’s dead spots all over the state.”<\/strong><\/p>\n<\/blockquote>\nThough most of the betting activity in states where retail and mobile sportsbooks operate is facilitated via the Internet, some bettors prefer playing in person. Betting at physical sportsbooks gives bettors more anonymity and a more social experience. Retail books can also be preferred by bettors who believe the convenience of betting online could pose a danger to their betting habits and behaviors.<\/p>\n
In August, retail sportsbooks accounted for just $13.4 million of the more than $263.7 million wagered. Mobile books took over $250.3 million in bets.<\/strong><\/p>\nOnline operators experienced a higher win rate at nearly 10% ($24.4M). Retail bettors fared better, as in-person oddsmakers kept 3.5% of the action ($474K).<\/p>\n
Retail and online sportsbooks face a 15% tax on their gross sports betting revenue. The sports betting taxes benefit K-12 public education.<\/p>\n
Bidding Window Closed<\/b><\/h2>\n Buckel’s wish that more retail sportsbooks come to Maryland might be a long shot. John Martin, director of the Maryland Lottery and Gaming Control Agency, oversees SWARC, says the state’s sports betting bill called for only a single bidding period. The application window closed on Oct. 21, 2022.<\/p>\n
\nThere is currently no provision in the law to offer another enrollment period,”<\/strong> Martin explained.<\/p>\n<\/blockquote>\nRandy Marriner, who chairs the Maryland Lottery and Gaming Control Agency and who is a SWARC member, added that “no one is beating our door saying, ‘Let me in.'”<\/p>\n
State gaming regulators say the sports betting market in the Old Line State is still in its infancy. Consolidation could be forthcoming as the 12 retail books and 12 online sports wagering platforms battle for market share.<\/strong><\/p>\nWhile Maryland has welcomed major players such as BetMGM, DraftKings<\/a>, FanDuel, and Caesars Sportsbook, the state has also approved smaller online sportsbook operators like Betfred, Crab Sports Maryland, and BetParx.<\/p>\n","protected":false},"excerpt":{"rendered":"Maryland sports betting locations aren’t properly serving rural parts of the state, one lawmaker in Annapolis says.<\/p>\n","protected":false},"author":25,"featured_media":290240,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[86432,1074],"tags":[82180,80968,82775,84623],"acf":[],"yoast_head":"\n
Lawmaker: Maryland Sports Betting Not Serving State Adequately<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n