The figure includes monetary incentives offered by sports books to attract players. Sports wagering in Maryland is on track to top $4 billion this year. That seems to be the environment we’re in.”īrandt’s comments echo those made by the head of the Maryland Lottery and Gaming Control Agency last month. “You know, this market seems to have taken its near-term, if not long-term, structure with the dominant handful of mobile operators.
“I think I’ve heard about a couple of incumbents looking at exits in various ways,” said Brandt during a Wednesday commission meeting. Thomas Brandt, chair of the commission, hinted that more may be on the horizon.
Maryland sports gaming may be about to enter a period of contraction, according to the head of the Sports Wagering Application Review Commission.Īt least one sports betting licensee has already announced it will surrender its license before taking a bet in Maryland. Screens at BetMGM Sportsbook in National Harbor in display odds on dozens of sporting events in December 2021.