Press Releases
PlayMaryland.com: State’s sports betting market could generate more than $3 billion in bets annually
Maryland’s sports betting market will be capable of attracting more than $200 million in gaming revenue on more than $3 billion in bets annually, which could then generate as much as $35 million in tax revenue for the state once the market matures, according to estimates of PlayMaryland, which tracks the state’s regulated online gaming and sports betting market.
“Maryland will be an attractive market for operators in large part because regulators have embraced an open market,” said Eric Ramsey, analyst for the PlayUSA.com network, which includes PlayMaryland.com. “The best predictor of a successful market has been whether it is designed to foster competition among numerous operators, which Maryland has done. A competitive market is more appealing to bettors, which in turn makes the industry a reliable revenue producer for the state.”
When Gov. Larry Hogan signs the bill to officially legalize sports betting in Maryland, which is expected, the state will join 26 other U.S. states and Washington D.C., that have regulated sports betting in some form. Twenty-two of those jurisdictions have launched.
At maturity, which could come as soon as the market’s third year, Maryland operators could take in as much $3.1 billion in bets annually, which would then produce between $125 million and $225 million in taxable revenue each year, according to PlayMaryland projections. With Maryland’s tax structure, which is 15% of an operator’s taxable revenue, that could mean as much as $35 million in taxes for the state.
“We have seen just how attractive sports betting has been in Virginia, which has a similar tax rate as Maryland, so we know this structure won’t scare away any potential operators,” said Jessica Welman, lead analyst at PlayMaryland.com. “There are questions unique to Maryland about whether local operators will be able to compete with the DraftKings and FanDuels of the world, which will surely be coming. Or if the state’s inclusion efforts will affect the early growth of the state’s industry. But the bottom line is that sports betting should be a reliable revenue generator for the state.”
As a market, Maryland does have some advantages. The most notable is that only Washington D.C. has a higher median income among legal sports betting jurisdictions. And the fan bases of the Baltimore Ravens and Baltimore Orioles, plus nine Division I athletic programs, including Maryland and Navy, will all help drive interest.
But it also has some disadvantages relative to other markets its size. By population, Maryland (6 million) most closely compares among established sports betting markets with Colorado (5.8 million), currently the eighth largest sports betting market in the U.S. Since launching in May, Colorado has taken in $1.8 billion in bets — including $611.5 million through the first two months of 2021 — which has produced $109.4 million in gross gaming revenue.
Maryland is unique in several ways though. For one, it will be the first market to launch while being completely surrounded by jurisdictions that have already legalized sports betting in some form. And Maryland is without a significant sports tourism industry. Those two factors will make the market almost entirely locally dependent.
“Maryland won’t have much opportunity to draw bets from neighboring states, which makes it a test case for the future of sports betting as more and more states legalize sports betting and make each state locally dependent,” Ramsey said. “But Maryland has enough local advantages to make it a strong bet to be a successful market.”
For more information and analysis on regulated sports betting in Maryland, visit PlayMaryland.com/news.
Free-to-play platform goes live with immersive content and multiplayer tournaments
TaDa Gaming, the award-winning content provider, is expanding its social gaming reach with the US launch of its free-to-play platform, Freeslotmatch, bringing a fast-growing library of immersive slots and multiplayer formats to a brand-new audience.
Following its debut in Brazil, the platform now offers US based players the opportunity to explore TaDa Gaming’s popular titles in a fully social, risk-free environment. In addition to the US launch, the company is currently preparing for further rollouts in other countries, with additional markets set to go live later this month.
Players can enjoy fan favourite titles such as Fortune Gems, TriLuck™, DARKREEL™ and the SurgeReel™ series, with crash, table and fishing-shooting games set to follow.
Designed to mirror the thrill of real gaming without any monetary commitment, the platform features a range of tournament features including single-round wins, cumulative wins, limited spins, and more, all powered by a straightforward, intuitive interface that supports fair and accessible gameplay.
Registration is free and open via email, Google, Facebook, Twitter, or Telegram, and the platform is available in English, Spanish and Portuguese. Rewards are delivered directly to the registered email account, allowing players to compete, track their progress and enjoy a seamless social gaming experience.
Andy Huang, CEO at TaDa Gaming, said: “After a successful launch in Brazil, we are excited to bring freeslotmatch.com to the US market.
“The platform hosts over 160 games and combines our most engaging titles with interactive features and tournaments, giving players a space to enjoy and explore our content without financial risk.”
Amusnet is proud to announce its nomination for Casino Supplier of the Year: Latin America at the prestigious SBC Awards, taking place during the SBC Summit Americas on 14 May 2025 in Fort Lauderdale, Florida. Organized by SBC, the awards recognize and celebrate expertise and excellence across the sports betting and gaming industries.
This renowned nomination highlights Amusnet’s growth and regional impact across Latin America – one of the most dynamic and fast-evolving gaming markets worldwide.
“Being nominated and recognized as one of the key players in one of the most dynamic gaming regions is a strong affirmation that we are on the right path,” said Daniel de los Rios, LATAM Head of Marketing, Commercial, and Account Management at Amusnet. “We will continue to strengthen our presence, contribute to the growth of the industry, and elevate the player experience across Latin America.”
Amusnet’s success in the region is driven by a dedicated regional team, a deep understanding of local industry dynamics, and a strong focus on culturally relevant content and localized player experiences. With over 180 certified games in Brazil alone, strategic partnerships with top-tier operators, and high-impact campaigns, the company has built a portfolio that resonates strongly with players across the region. The company currently maintains an active presence in Colombia, Mexico, Argentina, Brazil, Peru, and other key markets, collaborating with leading operators who share its commitment to delivering high-quality gaming experiences.
The SBC Awards Americas ceremony is a key highlight of the SBC Summit Americas, taking place from 13–15 May 2025 at the Broward County Convention Center in Fort Lauderdale. This major industry gathering will host over 10,000 professionals from across North, Central, and South America, providing a platform for networking, knowledge sharing, and exploring current developments in sports betting and iGaming. Amusnet will actively participate in the SBC Summit Americas, engaging with industry leaders, presenting its newest releases and top-performing products, and continuing to strengthen its presence in the region.
The company is honored to be recognized among the region’s top providers and looks forward to celebrating the industry’s achievements at this year’s SBC Awards Americas.
Bettors in Arizona wagered approximately $864 million on sports in January of 2025, according to a new report by the Arizona Department of Gaming. This represents an approximate 22.3% increase when compared to January of 2024.
The state collected approximately $5.3 million in privilege fees in the month. You can view the full January report on the ADG website: LINK.
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