PointsBet partners with The Riverboat on the Potomac to open sportsbook
The new sportsbook is located in Colonia Beach, in the tri-state area of the District of Columbia, Maryland and Virginia.
US.- PointsBet has partnered with Riverboat on the Potomac to open a new sportsbook in Maryland. Located in Colonia Beach, in the tri-state area of the District of Columbia, Maryland and Virginia (DMV), the gaming space is a woman-owned certified Minority Business Enterprise (MBE).
In December 2021, the Maryland Lottery and Gaming Control Commission (MLGCC) announced that Riverboat on the Potomac River in Colonial Beach had met the qualification requirements for sports wagering licences. The launch of the PointsBet sportsbook comes in time for the start of the NFL, NCAA Football, NBA and NHL seasons.
With riverside views of the Potomac, the retail sportsbook, which has a 1,000-person capacity facility, will feature 21 high-resolution screens, a bar and an exclusive lounge area.
PointsBet SVP of corporate development Paul Hannon said: “PointsBet is delighted to commence operations with The Riverboat team in the brand-new sportsbook overlooking the beautiful Potomac River. This is a seminal achievement as the launch represents the first MBE to go live with licensed gaming in the state’s history, in line with the spirit of legislation.”
Maryland state senator Arthur Ellis commented: “I am proud of the work the members of our delegation, Senator Jackson, Delegate Proctor, Delegate Davis, Delegate Patterson, and Delegate Wilson, have put into the sports wagering bill. We fought hard for the sports betting industry in Maryland to be inclusive of both Charles County and minority businesses.
“The partnership between the Riverboat and PointsBet is a success on both fronts, proof that Maryland can be a leader in equity. This sportsbook gives Charles County a seat at the table, with 100% minority business enterprise (MBE) licensed ownership, in a billion-dollar industry.”
Maryland casinos record $169.3m in gaming revenue in August
Maryland’s six casinos registered $169.3m in gaming revenue in August, up 0.5 per cent from the same month last year, when they recorded $892,605. However, revenue was down from the record $181.5m reported in July.
Leading the way for casino revenue was MGM National Harbor, which generated $71.8m, up 6.5 per cent from August 2021. Live! Casino & Hotel recorded $56.8m, down 4.5 per cent and Horseshoe Casino $17.2m, a decrease of 4.2 per cent.
Ocean Downs Casino generated $10.5m, up 6.8 per cent, Hollywood Casino Perryville $7.2m, down 7.4 per cent and Rocky Gap Casino $5.7m, down 2.1 per cent.
