Jun 27, 2024; Baltimore, Maryland, USA; Baltimore Orioles outfielder Cedric Mullins (31) watches his two-run home run in the fourth inning against the Texas Rangers at Oriole Park at Camden Yards. Mandatory Credit: Mitch Stringer-USA TODAY Sports
- Bally’s Interactive is the latest operator to receive a Maryland online sports betting license
- Bally Bet Sportsbook is now offering online sports betting in the state
- Bally Bet is now available in nine states
Maryland welcomed its newest online sports betting operator today.
The Maryland Lottery and Gaming Control Commission today awarded an online sports betting to Bally’s Interactive Maryland after the operator successfully completed a controlled demonstration of its technology last week.
Bally Bet Sportsbook is the latest Maryland sports betting app to launch.
Bally Bet Live in Nine States
Bally’s successfully completed its demonstration and testing of its online sports betting platform to the MLGCC on July 25. Customers participated in live sports betting as Maryland Lottery and Gaming staff ensured the operator complied with all requirements and functioned properly.
Bally Bet is now live in the following states:
- Arizona
- Colorado
- Indiana
- Iowa
- Maryland
- Massachusetts
- New York
- Ohio
- Virginia
Maryland now has 13 live online sportsbooks and 12 live retail sportsbooks.
It remains to be seen how popular Bally Bet will be in the Old Line State. It’s struggled to gain much traction in its other eight states, consistently performing among the bottom operators in its biggest market, New York, and its second biggest market in Ohio. Maryland is a crowded market and it’s unlikely that Bally Bet finds itself as one of the top performing operators in the state anytime soon.
Bally Bet is the latest sportsbook to launch in Maryland, following behind Veterans Services Corporation. The operator held its controlled demonstrations for the MLGCA on May 24 and launched earlier this month. Veterans Services Corporation operates through Bee-Fee Limited and received a sports betting license in April 2023.
Veterans Services Corporation has run the Washington, D.C. Lottery for more than a decade.
Maryland Sports Betting Supporting Education
Bally Bet will contribute to the state’s Blueprint for Maryland’s Future Fund, which supports public education programs in the state. Through Fiscal Year 2024 (July 2023 through June 2024) the state’s sports betting program contributed $60.3 million in tax revenue to the fund.
June closed out the fiscal year with a lucrative month for the state. The Maryland Lottery and Gaming Control Agency reported a sports betting handle of more than $384 million in June, leading to a little more than $5.72 million in sports betting tax revenue for the state.
It was the fifth most lucrative single-month tax revenue total since Maryland launched sports betting at the tail-end of 2021.
The Maryland Lottery and Gaming Control Agency reported a total sports betting handle of $384,687,982 for June, a decrease of nearly $50 million from the previous month’s handle total. The $384.7 million in handle was an increase of 51.2% compared with the $254.5 million total reported in Jun 2023.
Rob covers all regulatory developments in online gambling. He specializes in US sports betting news along with casino regulation news as one of the most trusted sources in the country.
Bally’s Corporation, a leading provider of land-based casinos and online gaming platforms, has recently launched its online sports betting platform in Maryland. This move comes as a result of the state’s legalization of sports betting in May 2021, opening up a new market for operators to offer their services to residents.
Maryland residents can now access Bally’s online sports betting platform through their desktop or mobile devices, allowing them to place bets on a wide range of sports events and games. The platform offers a user-friendly interface, competitive odds, and a variety of betting options to cater to both casual and experienced bettors.
One of the key features of Bally’s online sports betting platform is its integration with the company’s land-based casinos in Maryland. This allows customers to seamlessly transition between the online and offline betting experiences, giving them more flexibility and convenience when placing their bets.
In addition to sports betting, Bally’s online platform also offers a range of casino games, including slots, table games, and live dealer games. This provides customers with a comprehensive gaming experience that caters to all their preferences and interests.
To ensure a safe and secure betting environment, Bally’s has implemented strict security measures and responsible gaming practices on its online platform. Customers can rest assured that their personal and financial information is protected at all times, and that they have access to resources and tools to help them gamble responsibly.
Overall, the launch of Bally’s online sports betting platform in Maryland is an exciting development for sports fans and bettors in the state. With its user-friendly interface, competitive odds, and seamless integration with its land-based casinos, Bally’s is poised to become a top destination for online sports betting in Maryland.
