Maryland may be the next state to welcome back online poker
A recent report authorized by state regulators says that Maryland online poker and casinos could generate $533.4 million in gross gaming revenue in 2026, increasing to $921.1 million in 2032. These projections could be the catalyst the state needs to approve online gaming legislation.
The 49-page report from The Innovation Group predicted that Maryland’s prospective online poker and casino gaming would achieve maturity in 2029 to bring in $904.9 million in gross gaming revenue. The report, named “iGaming in Maryland,” was designated by the Maryland Lottery and Gaming Control Agency (MLGCA).
Researchers estimated iGaming revenue per adult player in six states that offer legal online poker and casinos from 2022. New Jersey led with $231, then Michigan with $209, followed by Pennsylvania with $138. Connecticut ($83), West Virginia ($83) and Delaware ($17) were significantly less, according to the report.
Seven states with legal iGaming, Michigan, Connecticut, Delaware, New Jersey, Nevada, Pennsylvania and West Virginia, were examined by The Innovation Group. Rhode Island will launch iGaming in March 2024 and wasn’t included in the study.
In order to prepare lawmakers and put them at ease with the concept of launching a multi-state poker compact, the study carefully explained the Multi-State Internet Gaming Agreement (MSIGA), which is vital in building a robust online poker market.
Senate Majority Leader Nancy King (D-Montgomery) and Ron Watson (D-Prince George’s) introduced SB 267 during the 2023 legislative session, which sought to expand iGaming to comprise online casinos and poker. However, the bill didn’t get out of committee before the Maryland General Assembly adjourned on April 10.
Supporters of iGaming expansion in Maryland must introduce a new proposal in the 2024 session, which assembles on January 10. If a new bill is passed and subsequently signed by Gov. Wes Moore, residents will have a chance to vote on the issue in the November 2024 general election.
Emma Rodriguez is the Proofreader at the Big Blind, with seven years of experience and five years in online gambling. She plays a crucial role in maintaining content quality by ensuring error-free, reader-friendly information about the gambling industry.
