Since sports betting was legalized in Maryland back in 2021, the industry has grown massively. Each month, there are millions of dollars placed as bets on sportsbooks, both via desktops and mobile apps. In fact, players in Maryland have really embraced sports betting, with record-breaking numbers and revenue coming into the state in the last few months.
According to mdbetting.com. this growth is from a number of different factors. For one, sports fans are very enthusiastic, using betting as an additional way to get excitement from their chosen sport. Another factor is the carefully placed promotional offers provided by the different sportsbooks. And finally, the growing number of sports that are popular within the state, which is coupled with more leagues and betting opportunities.
Legalization of sportsbooks
Of course, one of the major factors is the legal scene. With Maryland legalizing sportsbooks and other forms of online betting, access is simply easier. Impressively, the industry is constantly setting new benchmarks when it comes to revenue. Just in January of 2025, the industry generated more than $8 million in tax contributions. This was through more than $600 million wagered by players in MD in the same month. With mobile betting accounting for most of this, it is easy to see why technology coupled with legalization has really had an impact here.
Popular sports in MD
There are a number of top sports in the state, too. For instance, with football in place, and a solid NFL season for some of Maryland’s teams, players were encouraged to bet more. Basketball is also a very popular option in the state, with many opting to place bets on the NBA or even NCAA tournaments. However, what’s important to note is the sheer diversity of sports and betting options that are available.
There are now more bets on somewhat less popular sports, too. These include tennis, baseball and even soccer. What this shows is that there are some sports on the rise, interesting bettors more than before. For soccer, there’s a strong reason to this.
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Soccer is on the up
Through the strong efforts of many clubs, the popularity of soccer is on the rise. There are multiple clubs within the state, some of which have been around since the 1940s. In addition to this, the University of Maryland also has a soccer team, and this has won national championships in recent years, including in 2018. What this means is that soccer is becoming more prevalent in the public eye. Subsequently, bettors are gaining interest, especially when their teams and clubs are doing well. With this increased interest, comes more betting, and with more betting, soccer clubs realize that the sport is gaining traction.
With both an increased interest in soccer and more accessible betting sites and apps, both soccer and sports betting are increasing. Maryland’s betting market already has more than ten sportsbooks, but with the steady increase in betting, it looks like more operators may enter the market too.