When it comes to the reporting of sports betting figures, big guns like New York and New Jersey tend to get all of the attention.
But what about the little guys? They, too, are a part of the sports betting landscape in this country. One interesting state is Maryland where sports betting is legal but not online sports betting.
While the lack of legal online sports betting is surely holding the state back with respect to the revenue that it could be accumulating, there is a lot to like about the status of sports betting in the state. Going forward, one can be optimistic about the status of sports betting in Maryland.
In February, sports betting figures in Maryland took a hit relative to what they were in January. This dip was unsurprising especially since many other states experienced the same change. There was a lot of pro football played in January also due to the extended regular season.
Conversely, there was only one NFL game played in February. While the Super Bowl was obviously big, it’s not enough to make up for all of the other NFL games that would be playing in January.
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Plus, the NBA had its All-Star Break in February, which created a space of days in which betting on the NBA regular-season games was not possible.
But the sports schedule improved significantly in March. March Madness certainly helped and this event was profitable for the Top Sportsbooks operating in Maryland — operating on land, of course.
While it looks like online sports betting may be legal next year in Maryland, it is promising to note that the handle in the state exceeded 31 million dollars in March.