Maryland Report Hints at Plans for Online Poker, Joining MSIGA – Report by The Innovation Group projects about $530 million in revenue from online poker and casino in 2026, increasing to more than $920 million by 2032. A report commissioned by state regulators estimates that a Maryland online poker and casino gaming market would generate $533.4 million in gross gaming revenue in 2026, increasing to $921.1 million in 2032.
In a 49-page report by The Innovation Group, researchers forecast that future online poker and casino gaming in Maryland would reach maturity in 2029, with $904.9 million in gross gaming revenue. The report, “iGaming in Maryland,” was commissioned by the Maryland Lottery and Gaming Control Agency (MLGCA).
As part of their analysis, researchers calculated igaming revenue per adult in six states with legal online poker and casino gaming from 2022. New Jersey led the field with $231, followed by Michigan ($209) and Pennsylvania ($138).
West Virginia ($83), Connecticut ($83), and Delaware ($17) were much lower, the report found.
“We believe that the strongest states in per capita revenue — Michigan, Pennsylvania, and New Jersey — will be the most apt comparables for Maryland.” betmgm sports us Last verified: November 2023
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Variety of betting markets on offer Claim Signup Offer *except NYPlease play responsibly. If you or someone you know has a gambling problem and wants help, call 1-800 GAMBLER. Setup Similar to MI and NJ Recommended Seven igaming states — Connecticut, Delaware, Michigan, Nevada, New Jersey, Pennsylvania, and West Virginia — were studied by The Innovation Group. Rhode Island was excluded because its online casino market doesn’t launch until March 2024 .Researchers conducted interviews to uncover best practices from the igaming states.“Interviewees generally suggest that Maryland should consider adopting aspects of the New Jersey and Michigan legislation, as those states have fostered healthy and burgeoning igaming markets that produce an economic benefit for both the state and the state’s existing casinos,” the report said.Maryland would best be served if the state set up online casino gaming […]
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