Live Casino Sports Betting in
Maryland
As live casino sports betting continues to grow across the US, it is important for
operators to be aware of how the market works and what they need to do in order to
succeed singapore online casino free credit. While this is an area that has been growing quickly, it also is a sector that
has its own unique challenges that need to be addressed in order to maximize
profits.
The team at FanDuel Sportsbook and the casino they operate are taking those
challenges head-on, working to make their brand a leading contender in the
Maryland market. The company, which originated as a daily fantasy sports provider
and is currently owned by Irish-based betting giant Flutter Entertainment, launched
at Live! Casino & Hotel Maryland in Hanover on Dec. 9, 2021, and is now accepting
sports wagers online in the state as well.
Since its launch, the retail sportsbook has become one of the top performers in the
state with a strong draw from surrounding areas. In fact, its first month of operations
saw the biggest monthly handle for a retail sportsbook outside of Nevada. The book
was led by the Philadelphia Phillies World Series run, which saw the franchise break
the record for the largest number of bets placed on a team in a single game.
With more than 4,000 slot machines and over 120 electronic table games, the
casino has plenty to offer. Its table games include a full range of classics and newer
titles like STAX Super 4 Progressive Blackjack. The casino is also home to a massive
poker room and hosts events including the World Poker Tour.
The casino is part of a larger gaming and entertainment complex that includes an
attached hotel with around 300 rooms and a spa on the premises. There are also a
variety of bars and restaurants to choose from, and it is possible to enjoy a night out
at the casinos without ever leaving the property.
Cordish Gaming Group President Rob Norton understands that mobile wagering will
be the way of the future when it comes to sports betting. However, he is confident
that the physical space at Sports and Social Maryland will become a premier mid-
Atlantic destination when it launches in late February and joins neighboring West
Virginia, Virginia and Pennsylvania as states offering both retail and digital
sportsbooks.
The company has made a point to incorporate employees into its license ownership
requirements, which were designed to meet legislative goals for diversity in the
industry. Employees can buy shares equal to up to 5% of the total licensed
shareholdings, which has allowed the company to include a significant number of
minority and female shareholders in its license application. This was a significant
factor in its success when it submitted the application to the Maryland Gaming
Commission.