The licence approved by the Maryland Lottery and Gaming Control Agency will allow the company to offer its sports betting and casino services in the state.
US.- Digital marketing agency MediaTroopers has been awarded a licence to operate in Maryland by the Maryland Lottery and Gaming Control Agency. The licence approval will allow the company to offer its sports betting and casino services in the state.
MediaTroopers currently operates in 19 US states and also in Ontario, Canada. In Pennsylvania, it has a revenue share licence by the Pennsylvania Gaming Control Board (PGCB). The licence allows the agency to provide marketing services to operators using a revenue share model. MediaTroopers
In the past year, MediaTroopers has more than doubled the number of states in which it operates, and the company plans to continue its expansion.
MediaTroopers CEO Sam Segal said: “We are beyond thrilled to have received a casinos/sports wagering vendor licence with the Maryland Lottery and Gaming Control Agency. While we already hold valid licensing and regulation in over a dozen US states, adding Maryland to our substantial portfolio enables us to continue providing our pioneering services to the Mid-Atlantic region of the US.
“With the potential for up to 60 mobile betting operators to gain a licence in Maryland, the state has the possibility to become one of the US’ most significant online betting markets.”
Sports betting in Maryland kicked off on December 9 when a retail sportsbook at MGM National Harbor opened, and four more sportsbooks opened throughout the month. According to a report from the Maryland Lottery and Gaming Control Agency, bettors in the state wagered $16.5m in December 2021, during the first month of operations.
Maryland casinos see revenue rise in May
Maryland’s casinos registered $178.8m in gaming revenue in May, an increase of 3.7 per cent compared to May 2021. It’s the second-highest monthly gaming revenue total since July 2021, when the casinos generated $180m. In April, the casinos registered $170.7m in gaming revenue.
More than $73.4m of revenue in May, roughly 40 per cent, was contributed to the state. According to the Maryland Lottery and Gaming Control Commission, the state’s six casinos generated over $53.4m for Maryland’s Education Trust Fund (ETF), $137,334 more than the ETF contributions for the same month last year.