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 […]
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 […]
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 […]
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 […]
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. […]
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 […]
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, […]
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, […]
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 […]
In three years, almost 30 states have approved sports gambling legislation and, although the framework varies from state to state, the concept remains the same. States are ready to capitalize on the revenue stream that has been flowing underground for years, while ensuring they can introduce consumer protection and security. Maryland has joined this group […]
