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Industry
August 16, 2021
Maryland Delays Legal Sports Betting as Rules Yet to Be Determined
Marylanders were on the brink of being provided with legal sports betting services this year. When the debate was opened by lawmakers, they hoped that everything will be finalized by the time the NFL started in September. But, as it seems, the goal was a bit too ambitious because it’ll take a few more months […]
Sports
July 16, 2021
Maryland Sports Betting Takes Shape Following Approval of New Rules
When Maryland finally launches sports betting, it has been predicted that the market could be one of the strongest in the Virginia-to-DC corridor. The state is anxious to prove those predictions right and hopes that the approval of draft rules will provide momentum for the launch of sports betting. The Maryland Lottery and Gaming Commission […]
Casino
July 9, 2021
Maryland Casino Revenue Stirs Anti-Smoking Groups into Action
Maryland’s commercial casinos posted an all-time best month in May and a solid performance in June while not allowing their guests to smoke on the gaming floors, stirring into action anti-smoking groups which propagate a ban on smoking nationwide. Impressive Performance Streak with No Smoking Lower than the historic all-time high of $172.4 million in […]
Business
June 25, 2021
Penn National Gaming Projects Q2 Revenue to Stand at $1.5bn
The announcement comes after the operator unveiled the launch of a $400 million private debt offering for general corporate purposes. Penn Announces $400M of Senior Unsecured Notes Penn National Gaming expects revenue for the period April-June 2021 to range between $1.45 billion and $1.55 billion, which corresponds to an 18% increase compared to Q1. The […]
Business
June 11, 2021
PointsBet Inks Riverboat Group Agreement to Enter Maryland
Under an exclusive agreement with Riverboat Group, PointsBet secured Maryland market entry. While regulatory approval is still pending, once PointsBet is given a green light it will launch both online and retail sports wagering. PointsBet Secures Maryland Market Entry via Riverboat Group Partnership Premier global online gaming operator, PointsBet announced on Thursday that it inked […]
Casino
June 8, 2021
Maryland Casinos Set Another Record as Revenue Continues to Climb
The DC-Maryland corridor has recently been singled out because of the level of gambling revenue being reported in the area and the trend doesn’t seem to be slowing down. The Maryland Lottery provided an update yesterday on how casinos in the state performed last month, indicating that, collectively, they set a new in-state revenue record. […]
Business
May 28, 2021
Penn National Returns to Maryland Ahead of Sports Gambling Launch in the State
Penn National Gaming can now brag about having a domestic US footprint that spans 20 jurisdictions. The casino operator has been negotiating the purchase of Maryland’s Hollywood Casino Perryville from Gaming and Leisure Properties (GLPI) since late last year and received word yesterday that the deal had been approved. The Maryland Lottery and Gaming Control […]
Casino
May 25, 2021
Maryland with One of the Highest Casino Revenues in 2020 in the US
Maryland casinos generated more revenue in the country in 2020 compared to other markets in the US. Maryland’s Revenue 30% Down but Highest in USA in 2020 According to a report by the American Gaming Association, Maryland casinos generated the highest revenues for 2020. The state gaming industry surpassed many other markets across the US, […]
Sports
May 20, 2021
Sportradar to Enhance NY Jets & Baltimore Ravens Sponsor Strategies
Two new strategic partnerships with franchises from the National Football League (NFL) were announced today by the global provider of sports data and sports entertainment products and services Sportradar. “Sportradar is thrilled to be working with the Jets and the Ravens on this strategic initiative in the ever-evolving US market.” Mike Smith, Head of Advertising, […]
Sports
May 20, 2021
BetMGM Becomes Baltimore Ravens’ Official Partner
The Baltimore Ravens have signed a multi-year partnership deal with BetMGM, which will become the team’s official gaming partner. Baltimore Ravens Partners up with BetMGM The Baltimore Ravens have signed a multi-year partnership deal with BetMGM, a leader in the gaming industry. Under the agreement, BetMGM will become the team’s first official gaming partner. Fans will have […]