Just one week after Maryland mobile sports betting’s  launch, the Maryland Lottery has found two additional operators to be qualified for online sports betting licenses.

The Maryland Lottery and Gaming Control Agency (MLGCA) found both Bally Bet and WynnBET to be qualified to hold Maryland online sports betting licenses and to be online sports betting operators in the Old Line State.

The online sports betting operators must first have their licenses approved by the Sports Wagering Application Review Commission (SWARC) and undergo regulatory testing before launching in the state.

Maryland sports betting revenue reported on Dec. 12

Maryland online sports betting launched its first seven operators on Wednesday, Nov. 30, after more than two years since voters approved sports betting at the 2020 general election.

These seven operators all launched last week.

  • Barstool Sportsbook
  • BetMGM
  • Caesars Sportsbook
  • DraftKings
  • FanDuel
  • PointsBet
  • Rush Street Interactive

BetFanatics, BetFred, and Parx Interactive were also approved by SWARC for online sports betting licenses, but were not ready to launch. No launch timing for the remaining three operators has been announced.

WynnBET and Bally Bet would be the latest operators to gain approval to accept online bets in Maryland. Neither operator has any ties to retail sports betting facilities as of yet in the state. By the 2023 NFL season, Maryland Lottery Director John Martin said he expects up to 21 online sports betting operators and between 15 to 20 retail operators to be live in the state.

Maryland sports betting revenue figures for the month of November will be released on Monday, Dec. 12, and will include data on both online and retail sport betting. Revenue data will not be released prior to that date.

Maryland online sports betting off to fast start

According to GeoComply, a geolocation and fraud specialist company, Maryland online sports betting experienced 16.5 million geolocation transactions over the course of the U.S. Thanksgiving holiday from Nov. 23 through Nov. 27.

By comparison, during the same time period Virginia experienced 8.5 million geolocation transactions, Indiana reported 6.7 million, Tennessee 6.6 million, and Colorado 3.8 million.

New Jersey, which has a much higher population than Maryland, also reported 17.1 million geolocation transactions over the holiday weekend.

“A strong start for the regulated market delivers on the promise of new revenues and consumer protections. Marylanders will continue to ditch illegal offshore sportsbooks for the security of legal, regulated operators that provide player safeguards and tax dollars for the state, just as lawmakers intended,” GeoComply SVP Compliance Lindsay Slader said in a release.